Natural Resources And Economic Growth In Russia’s Regions
We examine the impact of natural resources on economic growth in Russia’s regions since the introduction of the mineral tax in 2002. Using novel measures of natural resource rents produced in, but not necessarily appropriated by the regions (mineral tax collections), we demonstrate that mineral wealth has not significantly affected regional economic growth since 2002, although mineral-rich regions are significantly richer than the other regions. These results are contrary to the “resource curse” hypothesis. The absence of growth benefits to resource-endowed regions, however, is also at odds with the clearly beneficial impact of natural resources on the economic growth of t the country as a whole. We conclude that the Russian central government was successful in taxing away incremental regional resource rents during 2002-2011, but the regions preserved their pre-2002 benefits derived from mineral wealth.
|Date of creation:||2014|
|Date of revision:|
|Publication status:||Published in WP BRP Series: Economics / EC, April 2014, pages 1-30|
|Contact details of provider:|| Postal: Myasnitskaya 20, Moscow 101000|
Web page: http://www.hse.ru/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Markus Brückner & Antonio Ciccone & Andrea Tesei, 2013.
"Oil Price Shocks, Income, and Democracy,"
- Marcus Brückner & Antonio Ciccone & Andrea Tesei, 2011. "Oil price shocks, income and democracy," Economics Working Papers 1351, Department of Economics and Business, Universitat Pompeu Fabra.
- Markus Bruckner & Antonio Ciccone & Andrea Tesei, 2011. "Oil Price Shocks, Income, and Democracy," School of Economics Working Papers 2011-11, University of Adelaide, School of Economics.
- Frankel, Jeffrey A., 2010.
"The Natural Resource Curse: A Survey,"
4454156, Harvard Kennedy School of Government.
- James, Alex & Aadland, David, 2011. "The curse of natural resources: An empirical investigation of U.S. counties," Resource and Energy Economics, Elsevier, vol. 33(2), pages 440-453, May.
- Michael Alexeev & Robert Conrad, 2009. "The Elusive Curse of Oil," The Review of Economics and Statistics, MIT Press, vol. 91(3), pages 586-598, August.
- Freinkman, Lev & Plekhanov, Alexander, 2009. "Fiscal Decentralization in Rentier Regions: Evidence from Russia," World Development, Elsevier, vol. 37(2), pages 503-512, February.
- Oleg Lugovoy & Vladimir V. Dashkeyev & Ilya Mazaev & Denis Fomchenko & Albert Hecht, 2007. "Analysis of Economic Growth in Regions: Geographical and Institutional Aspect," Published Papers 5, Gaidar Institute for Economic Policy, revised 2007.
When requesting a correction, please mention this item's handle: RePEc:hig:wpaper:55/ec/2014. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamil Abdulaev)or (Victoria Elkina)
If references are entirely missing, you can add them using this form.