Oil and gas: a blessing for few hydrocarbons and within-region inequality in Russia

Tullio Buccellato, Tomasz Mickiewicz

Research output: Preprint or Working paperWorking paper

Abstract

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.

Original languageEnglish
Place of PublicationLondon (UK)
PublisherUniversity College London
Number of pages34
Publication statusPublished - Sept 2007

Publication series

NameEconomics working paper
PublisherUCL SSEES : Centre for comparative economics
No.80

Keywords

  • inequality
  • oil
  • gas
  • regions
  • Russia
  • state capture

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