Building on earlier work on regional inequality in Russia (Fedorov 2002; Gaddy and Ickes 2005; Bradshaw 2006 and others) we investigate a novel line of research, i.e. to demonstrate that the regional oil and gas abundance is associated with high within-region inequality. We show empirically that hydrocarbons represent one of the leading determinants of an increased gap between rich and poor in the producing regions. We discuss a possible cluster of geographic, economic and political factors underlying the phenomenon.
|Place of Publication||London (UK)|
|Publisher||University College London|
|Number of pages||34|
|Publication status||Published - Sep 2007|
|Name||Economics working paper|
|Publisher||UCL SSEES : Centre for comparative economics|
- state capture