当前位置: X-MOL 学术Econ. Anal. Policy › 论文详情
Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
Heterogeneous impact of natural resources on income inequality: The role of the shadow economy and human capital index
Economic Analysis and Policy ( IF 4.444 ) Pub Date : 2021-01-23 , DOI: 10.1016/j.eap.2021.01.015
Rafael Alvarado , Brayan Tillaguango , Michelle López-Sánchez , Pablo Ponce , Cem Işık

The stylized facts show that natural resource prices are highly volatile. The immediate consequences of such volatility are changes in the labor force’s income distribution and public spending. In this context, this research aims to examine the impact of natural resource rents on inequality, including the role of the shadow economy and the human capital index. We use annual data and second-generation panel data cointegration techniques to correct potential bias caused by slope heterogeneity and cross-section dependence. We found that natural resources have a heterogeneous impact on income inequality between countries. The cointegration results indicate a long-run equilibrium relationship among the four series in high, low-middle, and low-income countries. Likewise, natural resource rents and inequality have a one-way causal relationship in lower-middle-income countries. Income inequality causes the shadow economy in most groups of countries. Our results show that countries with the highest income dependence on natural resources have higher income inequality levels. Our research contributes to the debate on income inequality sources and the structural mechanisms that guide public policies to achieve Sustainable Development Goal 10. The article ends with a call for politicians to promote the legalization of undeclared economic activities and reduce dependence on natural resources as mechanisms to mitigate the structural problem of income inequality.



中文翻译:

自然资源对收入不平等的异质影响:影子经济和人力资本指数的作用

程式化的事实表明,自然资源价格高度波动。这种动荡的直接后果是劳动力收入分配和公共支出的变化。在这种情况下,本研究旨在检验自然资源租金对不平等的影响,包括影子经济和人力资本指数的作用。我们使用年度数据和第二代面板数据协整技术来校正由坡度异质性和横截面依赖性引起的潜在偏差。我们发现自然资源对国家之间的收入不平等具有不同的影响。协整结果表明,在高,低中,低收入国家这四个系列之间存在长期均衡关系。同样 在中低收入国家,自然资源租金和不平等之间存在单向因果关系。收入不平等导致大多数国家/地区的影子经济。我们的结果表明,收入对自然资源的依赖程度最高的国家的收入不平等程度更高。我们的研究为有关收入不平等来源和指导公共政策实现可持续发展目标10的结构性机制的辩论做出了贡献。文章最后呼吁政界人士促进未宣布的经济活动的合法化,并减少对自然资源的依赖,以此作为实现这一目标的机制。减轻收入不平等的结构性问题。我们的结果表明,收入对自然资源的依赖程度最高的国家的收入不平等程度更高。我们的研究为有关收入不平等来源和指导公共政策实现可持续发展目标10的结构性机制的辩论做出了贡献。文章最后呼吁政界人士促进未宣布的经济活动的合法化,并减少对自然资源的依赖,以此作为实现这一目标的机制。减轻收入不平等的结构性问题。我们的结果表明,收入对自然资源的依赖程度最高的国家的收入不平等程度更高。我们的研究为有关收入不平等来源和指导公共政策实现可持续发展目标10的结构性机制的辩论做出了贡献。文章最后呼吁政治家促进未宣布的经济活动的合法化,并减少对自然资源的依赖,以此作为实现这一目标的机制。减轻收入不平等的结构性问题。

更新日期:2021-02-03
down
wechat
bug