Natural resource booms and inequality: theory and evidence

We develop a theory, in the context of a two-sector growth model in which learning-by-doing drives growth, to explain the time path of income inequality following natural resource booms in resource rich countries. Under the condition of a relatively unskilled labor intensive nontraded sector, inequa...

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Bibliographic Details
Main Authors: Goderis, B, Malone, S
Format: Working paper
Published: University of Oxford 2008