Economics at your fingertips  

Income Inequality and Oil Resources: Panel Evidence from the United States

Edmond Berisha (), Carolyn Chisadza, Matthew Clance () and Rangan Gupta ()
Additional contact information
Edmond Berisha: Feliciano School of Business, Montclair State University, Montclair, NJ 07043, USA

No 2020103, Working Papers from University of Pretoria, Department of Economics

Abstract: There has been little research examining income distributional consequences from resource abundance and dependency. Using panel evidence from the United States, we find contrasting non-monotonic outcomes from oil abundance in comparison to oil dependency. Oil abundance mitigates inequality within U.S. states. However, the diminishing impact on inequality tends to lessen with higher levels of oil production. The opposite holds true for oil dependency. The findings suggest that income inequality within U.S. states is more vulnerable to oil dependency.

Keywords: oil resources; income inequality; United States (search for similar items in EconPapers)
JEL-codes: D63 O13 O51 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2020-11
New Economics Papers: this item is included in nep-ene and nep-ore
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Income inequality and oil resources: Panel evidence from the United States (2021) Downloads
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:

Access Statistics for this paper

More papers in Working Papers from University of Pretoria, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Rangan Gupta ().

Page updated 2023-01-29
Handle: RePEc:pre:wpaper:2020103