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

Author

Listed:
  • Tullio Buccellato

    (Univerisity of Rome Tor Vergata and School of Oriental and Africal Studies, University of London)

  • Tomasz Marek Mickiewicz

    (UCL School of Slavonic and East European Studies)

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.

Suggested Citation

  • Tullio Buccellato & Tomasz Marek Mickiewicz, 2007. "Oil and gas: a blessing for few hydrocarbons and within-region inequality in Russia," UCL SSEES Economics and Business working paper series 80, UCL School of Slavonic and East European Studies (SSEES), revised Feb 2008.
    • Handle: RePEc:see:wpaper:80
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    References listed on IDEAS

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    Cited by:

    1. Michele Alessandrini & Michael Enowbi Batuo, 2010. "The trade specialization of SANE: Evidence from manufacturing industries," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 7(1), pages 145-178, June.
    2. Ruta Aidis & Julia Korosteleva & Tomasz Marek Mickiewicz, 2008. "Entrepreneurship in Russia," UCL SSEES Economics and Business working paper series 88, UCL School of Slavonic and East European Studies (SSEES).

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    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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