How are Oil Revenues redistributed in an Oil Economy? The case of Kazakhstan
Kazakhstan’s economy has been driven by an oilboom since the discovery of large new oilfields coincided with the upturn of world oil prices after 1998. This paper uses national household expenditure survey data to examine whether Kazakhstan’s experience supports a curse or a blessing outcome. We assess the extent to which the benefits from the oilboom are retained in the oil-producing regions, or spread evenly across the national economy, or are concentrated in the cities where the country’s elite lives. We then analyze the data to determine the transmission mechanisms (higher wages, social transfers or informal income) from the oilboom to household expenditure.
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.:
- Korhonen, Iikka, 2004.
"Does democracy cure a resource curse?,"
BOFIT Discussion Papers
18/2004, Bank of Finland, Institute for Economies in Transition.
- Xavier Sala-i-Martin & Arvind Subramanian, 2003.
"Addressing the Natural Resource Curse: An Illustration from Nigeria,"
NBER Working Papers
9804, National Bureau of Economic Research, Inc.
- Xavier Sala-i-Martin & Arvind Subramanian, 2013. "Addressing the Natural Resource Curse: An Illustration from Nigeria," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 22(4), pages 570-615, August.
- Arvind Subramanian & Xavier Sala-i-Martin, 2003. "Addressing the Natural Resource Curse; An Illustration From Nigeria," IMF Working Papers 03/139, International Monetary Fund.
- Xavier Sala-i-Martín & Arvind Subramanian, 2003. "Addressing the natural resource curse: An illustration from Nigeria," Economics Working Papers 685, Department of Economics and Business, Universitat Pompeu Fabra.
- Gylfason, Thorvaldur, 2001.
"Natural resources, education, and economic development,"
European Economic Review,
Elsevier, vol. 45(4-6), pages 847-859, May.
- Gylfason, Thorvaldur, 2000. "Natural Resources, Education, and Economic Development," CEPR Discussion Papers 2594, C.E.P.R. Discussion Papers.
- Richard Pomfret, 2003. "Trade and Exchange Rate Policies in Formerly Centrally Planned Economies," The World Economy, Wiley Blackwell, vol. 26(4), pages 585-612, 04.
- Yelena Kalyuzhnova & Michael Kaser, 2005. "Prudential Management of Hydrocarbon Revenues in Resource-Rich Economies," ECE Discussion Papers Series 2005_4, UNECE.
- Rama, Martin & Scott, Kinnon, 1999. "Labor Earnings in One-Company Towns: Theory and Evidence from Kazakhstan," World Bank Economic Review, World Bank Group, vol. 13(1), pages 185-209, January.
- Ehtisham Ahmad & Raju Jan Singh, 2003. "Political Economy of Oil-Revenue Sharing in a Developing Country; Illustrations from Nigeria," IMF Working Papers 03/16, International Monetary Fund.
- Alberto Dalmazzo & Guido de Blasio, 2003. "Resources and Incentives to Reform," IMF Staff Papers, Palgrave Macmillan, vol. 50(2), pages 5.
- Anderson, Kathryn H. & Pomfret, Richard, 2002. "Relative Living Standards in New Market Economies: Evidence from Central Asian Household Surveys," Journal of Comparative Economics, Elsevier, vol. 30(4), pages 683-708, December.
- Tobias Kronenberg, 2002.
"The Curse Of Natural Resources In The Transition Economies,"
241, Institut für Ost- und Südosteuropaforschung (Institute for East and South-East European Studies).
- Tobias Kronenberg, 2004. "The curse of natural resources in the transition economies," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(3), pages 399-426, 09.
- Kronenberg Tobias, 2003. "The Curse Of Natural Resources In The Transition Economies," Research Memorandum 012, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
- Sachs, J-D & Warner, A-M, 1995.
"Natural Resource Abundance and Economic Growth,"
517a, Harvard - Institute for International Development.
- Richard Pomfret, 2003. "Economic Performance in Central Asia Since 1991: Macro and Micro Evidence1," Comparative Economic Studies, Palgrave Macmillan, vol. 45(4), pages 442-465, December.
- Era Dabla-Norris & Jorge Martinez-Vazquez & John Norregaard, 2000. "Making Decentralization Work: The Case of Russia, Ukraine, and Kazakhstan," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0009, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
- Jonathan Isham & Michael Woolcock & Lant Pritchett & Gwen Busby, 2003.
"The Varieties of Resource Experience: How Natural Resource Export Structures Affect the Political Economy of Economic Growth,"
Middlebury College Working Paper Series
0308, Middlebury College, Department of Economics.
- Lant Pritchett & Michael Woolcock & Gwen Busby & Jonathan Isham, 2004. "The Varieties of Resource Experience: How Natural Resource Export Structures Affect the Political Economy of Economic Growth," Middlebury College Working Paper Series 0308r, Middlebury College, Department of Economics.
- Robinson, James A. & Torvik, Ragnar, 2005.
Journal of Public Economics,
Elsevier, vol. 89(2-3), pages 197-210, February.
- Philip R. Lane & Aaron Tornell, 1999. "The Voracity Effect," American Economic Review, American Economic Association, vol. 89(1), pages 22-46, March.
- Papyrakis, Elissaios & Gerlagh, Reyer, 2004. "The resource curse hypothesis and its transmission channels," Journal of Comparative Economics, Elsevier, vol. 32(1), pages 181-193, March.
- Wen, Mei & King, Stephen P., 2004. "Push or pull? The relationship between development, trade and primary resource endowment," Journal of Economic Behavior & Organization, Elsevier, vol. 53(4), pages 569-591, April.
- Era Dabla-Norris & Paul Wade, 2002. "The Challenge of Fiscal Decentralization in Transition Countries," IMF Working Papers 02/103, International Monetary Fund.
- Jovanovic, Branko, 2001. "Russian Roller Coaster: Expenditure Inequality and Instability in Russia, 1994-98," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 47(2), pages 251-71, June.
- International Monetary Fund, 2003. "Republic of Kazakhstan; Selected Issues and Statistical Appendix," IMF Staff Country Reports 03/211, International Monetary Fund.
- King, S.P. & Wen, M., 1998. "Push or Pull? The relationship Between Development, Trade and Resource Endowment," Department of Economics - Working Papers Series 653, The University of Melbourne.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpdc:0512012. 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: (EconWPA)
If references are entirely missing, you can add them using this form.