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Democratic Institutions, Natural Resources, and Income Inequality.

Hartwell, C. A., Horvath, R., Horvathova, E. and Popova, O., 2019. Democratic Institutions, Natural Resources, and Income Inequality. Comparative Economic Studies, 61 (4), 531-550.

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DOI: 10.1057/s41294-019-00102-2

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.

Item Type:Article
ISSN:0888-7233
Uncontrolled Keywords:institutions; natural resources; inequality; democracy
Group:Bournemouth University Business School
ID Code:32898
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:15 Oct 2019 08:47
Last Modified:23 Jul 2020 01:08

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