Natural resources and income inequality in developed countries: synthetic control method evidence

We examine the causal effect of natural resource discoveries on income inequality using the synthetic control method on data from 1947 to 2009. We focus on the natural discoveries in Denmark, Netherlands, and Norway in the 1960–1970s and use top 1% and top 10% income share as the measure of income i...

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Bibliographic Details
Published in:Empirical economics 2022-02, Vol.62 (2), p.297-338
Main Authors: Hartwell, Christopher, Horvath, Roman, Horvathova, Eva, Popova, Olga
Format: Article
Language:English
Subjects:
Developed countries
Econometrics
Economic theory
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Finance
Income inequality
Insurance
Management
Natural resources
Statistics for Business
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