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

Tullio Buccellato () and Tomasz Mickiewicz
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Tullio Buccellato: Univerisity of Rome Tor Vergata and School of Oriental and Africal Studies, University of London

No 80, UCL SSEES Economics and Business working paper series from UCL School of Slavonic and East European Studies (SSEES)

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.

Keywords: Inequality; Oil; Regions; Russia (search for similar items in EconPapers)
JEL-codes: D31 O18 P25 R11 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2007-09, Revised 2008-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:see:wpaper:80

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