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Oil Abundance and Income Inequality

机译:石油充裕和收入不平等

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摘要

The paper empirically investigates the impact of natural resource abundance, in particular oil, on income disparities. It employs common correlated effects pooled mean group methodology for estimation to account for the cross-country heterogeneity and cross-section dependence in the oil-inequality nexus. In a sample of developed and developing countries, we find that oil abundance as well as oil dependence reduce income inequality. This inequality-reducing effect is highly likely to operate from better education attainments and improved health status due to oil booms.
机译:本文从经验上调查了自然资源丰富度,尤其是石油,对收入差距的影响。它采用共同的相关效应集合均值组方法进行估计,以解决石油不平等联系中的跨国异质性和横截面依赖性。在发达国家和发展中国家的样本中,我们发现石油的丰富程度和对​​石油的依赖减少了收入不平等。减少这种不平等现象的效果很可能是由于受过良好的教育,由于石油繁荣而改善了健康状况。

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