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

Buccellato, T.; Mickiewicz, T.; (2007) Oil and gas: a blessing for few hydrocarbons and within-region inequality in Russia. (Economics Working Papers 80). Centre for the Study of Economic and Social Change in Europe, SSEES, UCL: London, UK. Green open access

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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.

Type: Working / discussion paper
Title: Oil and gas: a blessing for few hydrocarbons and within-region inequality in Russia
Open access status: An open access version is available from UCL Discovery
Publisher version: http://www.ssees.ucl.ac.uk/wp80sum.htm
Language: English
Additional information: Please see http://discovery.ucl.ac.uk/17689 for details of a version published in Europe-Asia Studies
Keywords: Inequality, oil, gas, regions, Russia, state capture
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES
URI: http://discovery.ucl.ac.uk/id/eprint/17469
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