Development outcomes, resource abundance,and the transmission through inequality
Fabrizio Carmignani ()
No 3610, MRG Discussion Paper Series from School of Economics, University of Queensland, Australia
Abstract:
The paper studies the effect of resource abundance on human development. A simple theory is presented to show that resource abundance negatively affects human development through its effect on inequality. The prediction of the theory is then tested using a system of three equations. Estimates indicate that the transmission channel through inequality is statistically significant and economically relevant even after controlling for per-capita income, institutional quality, and other determinants of both human development and inequality.
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Journal Article: Development outcomes, resource abundance, and the transmission through inequality (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:qld:uqmrg6:36
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