EconPapers    
Economics at your fingertips  
 

Large-sample evidence of income inequality in resource-rich nations

Graham Davis ()

Mineral Economics, 2020, vol. 33, issue 1, No 17, 193-216

Abstract: Abstract It is commonly presumed that economies specializing in mining and oil production have high national income inequality. The research testing this proposition is equivocal, no doubt because of small sample sizes and missing inequality data for the majority of mining and oil economies. This paper makes use of a large sample of income inequality data that is comprehensive in its coverage of mining and oil economies. Mine production is found to cause higher national income inequality on a gross, pre-tax basis and a net, post-tax and post-redistribution basis. Botswana is prime example of a mining economy having both high gross and net income inequality. Oil production, on the other hand, does not cause higher gross or net income inequality. If anything, oil is associated with reduced gross and net income inequality. The mechanism for this difference from mining is not clear.

Keywords: O13; O15; Q32; Q33; Q3; Mining; Oil; Gross income inequality; Net income inequality; SWIID (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s13563-019-00207-1 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:minecn:v:33:y:2020:i:1:d:10.1007_s13563-019-00207-1

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13563

DOI: 10.1007/s13563-019-00207-1

Access Statistics for this article

Mineral Economics is currently edited by Magnus Ericsson and Patrik Söderholm

More articles in Mineral Economics from Springer, Raw Materials Group (RMG), Luleå University of Technology
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2021-01-14
Handle: RePEc:spr:minecn:v:33:y:2020:i:1:d:10.1007_s13563-019-00207-1