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Title: Democratic Institutions, Natural Resources, and Income Inequality
Authors: Hartwell, C. A.
Horvath, R.
Horvathova, E.
Popova, O.
Issue Date: 2019
Publisher: Palgrave Macmillan Ltd.
Citation: Democratic Institutions, Natural Resources, and Income Inequality / C. A. Hartwell, R. Horvath, E. Horvathova, et al. — DOI 10.1057/s41294-019-00102-2 // Comparative Economic Studies. — 2019. — Vol. 61. — Iss. 4. — P. 531-550.
Abstract: This paper examines how democratic institutions shape the nexus of natural resources and income inequality, under the hypothesis that democracy can help to alleviate the possible effects that resources may have on income inequality. Starting from a survey of the existing literature, we provide a cross-country regression analysis showing that the effect of natural resources on income inequality does indeed depend on democracy. Our results suggest that, if the level of democracy in a country is high, natural resources have the ability to lower inequality. This finding suggests several avenues for future research. © 2019, Association for Comparative Economic Studies.
Access: info:eu-repo/semantics/openAccess
SCOPUS ID: 85069659415
PURE ID: 11346948
ISSN: 8887233
DOI: 10.1057/s41294-019-00102-2
Appears in Collections:Научные публикации, проиндексированные в SCOPUS и WoS CC

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