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

Tullio Buccellato; Tomasz Mickiewicz

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

Research output: Preprint or Working paper › Working 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 language	English
Place of Publication	London (UK)
Publisher	University College London
Number of pages	34
Publication status	Published - Sept 2007

Publication series

Name	Economics working paper
Publisher	UCL SSEES : Centre for comparative economics
No.	80

Keywords

inequality
oil
gas
regions
Russia
state capture

Access to Document

Oil and gasFinal published version, 1.11 MBLicence: CC BY 3.0

http://discovery.ucl.ac.uk/17469/1/17469.pdf

Cite this

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AU - Mickiewicz, Tomasz

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N2 - 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.

AB - 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.

KW - inequality

KW - oil

KW - gas

KW - regions

KW - Russia

KW - state capture

M3 - Working paper

T3 - Economics working paper

BT - Oil and gas

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CY - London (UK)

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

Abstract

Publication series

Keywords

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Cite this