The distributive impact of terms of trade shocks: The case of the oil price changes in Russia
Author
Abstract
Suggested Citation
DOI: 10.1111/ecot.12247
Download full text from publisher
References listed on IDEAS
- Peter Warr, 2008. "World food prices and poverty incidence in a food exporting country: a multihousehold general equilibrium analysis for Thailand," Agricultural Economics, International Association of Agricultural Economists, vol. 39(s1), pages 525-537, November.
- Osmel Manzano & Francisco Monaldi, 2008.
"The Political Economy of Oil Production in Latin America,"
Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2008), pages 59-103, August.
- Manzano, Osmel & Monaldi, Francisco, 2009. "The political economy of oil production in Latin America," LSE Research Online Documents on Economics 123210, London School of Economics and Political Science, LSE Library.
- Estrades, Carmen & Terra, María Inés, 2012. "Commodity prices, trade, and poverty in Uruguay," Food Policy, Elsevier, vol. 37(1), pages 58-66.
- World Bank, "undated". "Europe and Central Asia Economic Update, October 2015," World Bank Publications - Reports 22790, The World Bank Group.
- Howie, Peter & Atakhanova, Zauresh, 2014. "Resource boom and inequality: Kazakhstan as a case study," Resources Policy, Elsevier, vol. 39(C), pages 71-79.
- Devarajan, Shantayanan & Lewis, Jeffrey D & Robinson, Sherman, 1993.
"External Shocks, Purchasing Power Parity, and the Equilibrium Real Exchange Rate,"
The World Bank Economic Review, World Bank, vol. 7(1), pages 45-63, January.
- Devarajan, Shantayanan & Lewis, Jeffrey & Robinson, Sherman, 1991. "External Shocks, Purchasing Power Parity, and the Equilibrium Real Exchange Rate," CUDARE Working Papers 198587, University of California, Berkeley, Department of Agricultural and Resource Economics.
- 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, vol. 22(4), pages 570-615, August.
- Xavier Sala-i-Martin & Arvind Subramanian, 2008. "Addressing the Natural Resource Curse: An Illustration from Nigeria," Palgrave Macmillan Books, in: Paul Collier & Chukwuma C. Soludo & Catherine Pattillo (ed.), Economic Policy Options for a Prosperous Nigeria, chapter 3, pages 61-92, Palgrave Macmillan.
- 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.
- Mr. Arvind Subramanian & Xavier Sala-i-Martin, 2003. "Addressing the Natural Resource Curse: An Illustration From Nigeria," IMF Working Papers 2003/139, International Monetary Fund.
- 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.
- Maurizio Bussolo & Rafael E De Hoyos & Denis Medvedev, 2010.
"Economic growth and income distribution: linking macro-economic models with household survey data at the global level,"
International Journal of Microsimulation, International Microsimulation Association, vol. 3(1), pages 92-103.
- Bussolo, Maurizio & De Hoyos, Rafael E. & Medvedev, Denis, 2008. "Economic Growth and Income Distribution: Linking Macroeconomic Models with Household Survey Data at the Global Level," Conference papers 331682, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- John Baffes & M. Ayhan Kose & Franziska Ohnsorge & Marc Stocker, 2015.
"The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses,"
Koç University-TUSIAD Economic Research Forum Working Papers
1504, Koc University-TUSIAD Economic Research Forum.
- John Baffes & M. Ayhan Kose & Franziska Ohnsorge & Marc Stocker, 2015. "The great plunge in oil prices: causes, consequences, and policy responses," CAMA Working Papers 2015-23, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- John Baffes & M. Ayhan Kose & Franziska Ohnsorge & Marc Stocker, 2015. "The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses," Policy Research Notes (PRNs) 94725, The World Bank.
- François Bourguignon & Maurizio Bussolo & Luis Pereira, 2008.
"The Impact of Macroeconomic Policies on Poverty and Income Distribution,"
PSE-Ecole d'économie de Paris (Postprint)
halshs-00754864, HAL.
- François Bourguignon & Maurizio Bussolo & Luis Pereira, 2008. "The Impact of Macroeconomic Policies on Poverty and Income Distribution," Post-Print halshs-00754864, HAL.
- 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.
- Orazio P. Attanasio & Miguel Székely, 1999. "An Asset-Based Approach to the Analysis of Poverty in Latin America," Research Department Publications 3075, Inter-American Development Bank, Research Department.
- Dominique van der Mensbrugghe, 2018. "The Standard GTAP Model in GAMS, Version 7," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 3(1), pages 1-83, June.
- Shaohua Chen & Martin Ravallion, 2004. "Welfare Impacts of China's Accession to the World Trade Organization," The World Bank Economic Review, World Bank, vol. 18(1), pages 29-57.
- Duncan, Roderick, 2006. "Price or politics? An investigation of the causes of expropriation," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(1), pages 1-17, March.
- Roderick Duncan, 2006. "Price or politics? An investigation of the causes of expropriation," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(1), pages 85-101, March.
- Michael Carter & Christopher Barrett, 2006. "The economics of poverty traps and persistent poverty: An asset-based approach," Journal of Development Studies, Taylor & Francis Journals, vol. 42(2), pages 178-199.
- Maurizio Bussolo & Luis F. Lopez-Calva, 2014. "Shared Prosperity : Paving the Way in Europe and Central Asia," World Bank Publications - Books, The World Bank Group, number 17696.
- Lane, Philip R & Tornell, Aaron, 1996. "Power, Growth, and the Voracity Effect," Journal of Economic Growth, Springer, vol. 1(2), pages 213-241, June.
- Sambit Bhattacharyya & Jeffrey G. Williamson, 2016. "Distributional Consequences of Commodity Price Shocks: Australia Over A Century," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 62(2), pages 223-244, June.
- repec:zbw:bofitp:2007_007 is not listed on IDEAS
- Philip R. Lane & Aaron Tornell, 1999. "The Voracity Effect," American Economic Review, American Economic Association, vol. 89(1), pages 22-46, March.
- Ms. Katerina Kalcheva & Nienke Oomes, 2007. "Diagnosing Dutch Disease: Does Russia Have the Symptoms?," IMF Working Papers 2007/102, International Monetary Fund.
- Sachs, Jeffrey D. & Warner, Andrew M., 2001. "The curse of natural resources," European Economic Review, Elsevier, vol. 45(4-6), pages 827-838, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Sohag, Kazi & Hassan, M. Kabir & Kalina, Irina & Mariev, Oleg, 2023. "The relative response of Russian National Wealth Fund to oil demand, supply and risk shocks," Energy Economics, Elsevier, vol. 123(C).
- Tarlok Singh, 2023. "Do terms of trade affect economic growth? Robust evidence from India," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(2), pages 491-521, April.
- Maksym Bryukhanov & Dmytro Hryshko, 2024. "Inequality in Russia over time and over the life cycle," Scandinavian Journal of Economics, Wiley Blackwell, vol. 126(2), pages 289-319, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Rabah Arezki & Frederick van der Ploeg, 2007.
"Can the Natural Resource Curse Be Turned into a Blessing? The Role of Trade Policies and Institutions,"
Economics Working Papers
ECO2007/35, European University Institute.
- Mr. Rabah Arezki & Frederik van der Ploeg, 2007. "Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions," IMF Working Papers 2007/055, International Monetary Fund.
- van der Ploeg, Frederick & Arezki, Rabah, 2007. "Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions," CEPR Discussion Papers 6225, C.E.P.R. Discussion Papers.
- Hodler, Roland, 2006.
"The curse of natural resources in fractionalized countries,"
European Economic Review, Elsevier, vol. 50(6), pages 1367-1386, August.
- Roland Hodler, 2004. "The Curse of Natural Resources in Fractionalized Countries," Diskussionsschriften dp0404, Universitaet Bern, Departement Volkswirtschaft.
- Anne D. Boschini & Jan Pettersson & Jesper Roine, 2007.
"Resource Curse or Not: A Question of Appropriability,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(3), pages 593-617, September.
- Boschini, Anne & Pettersson, Jan & Roine, Jesper, 2003. "Resource curse or not: A question of appropriability," SSE/EFI Working Paper Series in Economics and Finance 534, Stockholm School of Economics.
- Anne D. Boschini & Jan Pettersson & Jesper Roine, 2006. "Resource curse or not: A question of appropriability," DEGIT Conference Papers c011_050, DEGIT, Dynamics, Economic Growth, and International Trade.
- Mehrdad Vahabi, 2017.
"A critical survey of the resource curse literature through the appropriability lens,"
CEPN Working Papers
2017-14, Centre d'Economie de l'Université de Paris Nord.
- Mehrdad Vahabi, 2017. "A critical survey of the resource curse literature through the appropriability lens," Working Papers hal-01583559, HAL.
- Bulte, Erwin H & Damania, Richard & Deacon, Robert, 2003.
"Resource Abundance, Poverty and Development,"
University of California at Santa Barbara, Economics Working Paper Series
qt66z854gv, Department of Economics, UC Santa Barbara.
- Bulte, Erwin H. & Damania, Richard & Deacon, Robert T., 2004. "Resource Abundance, Poverty and Development," ESA Working Papers 23803, Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA).
- Erwin H. Bulte & Richard Damania & Robert T. Deacon, 2004. "Resource Abundance, Poverty and Development," Working Papers 04-03, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
- Matsen, Egil & Roisland, Oistein, 2005.
"Interest rate decisions in an asymmetric monetary union,"
European Journal of Political Economy, Elsevier, vol. 21(2), pages 365-384, June.
- Egil Matsen & Øistein Røisland, 2003. "Interest Rate Decisions in an Asymmetric Monetary Union," Working Paper Series 2803, Department of Economics, Norwegian University of Science and Technology.
- Rabah Arezki & Frederick van der Ploeg, 2011.
"Do Natural Resources Depress Income Per Capita?,"
Review of Development Economics, Wiley Blackwell, vol. 15(3), pages 504-521, August.
- Rick Van der Ploeg & Rabah Arezki, 2008. "Do Natural Resources Depress Income Per Capita?," OxCarre Working Papers 001, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Rabah Arezki & Frederick Van der Ploeg, 2010. "Do Natural Resources Depress Income Per Capita?," CESifo Working Paper Series 3056, CESifo.
- Bhattacharyya, Sambit & Hodler, Roland, 2010.
"Natural resources, democracy and corruption,"
European Economic Review, Elsevier, vol. 54(4), pages 608-621, May.
- Sambit Bhattacharyya & Roland Hodler, 2008. "Natural Resources, Democracy and Corruption," Department of Economics - Working Papers Series 1047, The University of Melbourne.
- Sambit Bhattacharyya & Roland Hodler, 2009. "Natural Resources, Democracy and Corruption," OxCarre Working Papers 020, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Apergis, Nicholas & Payne, James E., 2014. "The oil curse, institutional quality, and growth in MENA countries: Evidence from time-varying cointegration," Energy Economics, Elsevier, vol. 46(C), pages 1-9.
- Lessmann, Christian & Steinkraus, Arne, 2019. "The geography of natural resources, ethnic inequality and civil conflicts," European Journal of Political Economy, Elsevier, vol. 59(C), pages 33-51.
- Richard Pomfret, 2011.
"Exploiting Energy and Mineral Resources in Central Asia, Azerbaijan and Mongolia,"
Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 53(1), pages 5-33, March.
- Richard Pomfret, 2010. "Exploiting Energy and Mineral Resources in Central Asia, Azerbaijan and Mongolia," School of Economics and Public Policy Working Papers 2010-16, University of Adelaide, School of Economics and Public Policy.
- James, Alexander, 2015.
"The resource curse: A statistical mirage?,"
Journal of Development Economics, Elsevier, vol. 114(C), pages 55-63.
- Alexander James, 2014. "The Resource Curse: A Statistical Mirage?," Working Papers 2014-03, University of Alaska Anchorage, Department of Economics.
- Alexander James, 2014. "The Resource Curse: A Statistical Mirage?," OxCarre Working Papers 147, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- repec:hal:cepnwp:hal-01583559 is not listed on IDEAS
- repec:ipg:wpaper:2014-492 is not listed on IDEAS
- Bjorvatn, Kjetil & Selvik, Kjetil, 2008. "Destructive Competition: Factionalism and Rent-Seeking in Iran," World Development, Elsevier, vol. 36(11), pages 2314-2324, November.
- Malebogo Bakwena & Philip Bodman & Thanh Le & KK Tang, "undated". "Avoiding the Resource Curse: The Role of Institutions," MRG Discussion Paper Series 3209, School of Economics, University of Queensland, Australia.
- Chandan Sharma & Ritesh Kumar Mishra, 2022. "On the Good and Bad of Natural Resource, Corruption, and Economic Growth Nexus," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(4), pages 889-922, August.
- Seghir, Majda & Damette, Olivier, 2013. "Natural resource curse: a non linear approach in a panel of oil exporting countries," MPRA Paper 51604, University Library of Munich, Germany.
- Sandrine Kablan & Josef Loening & Yasuhiro Tanaka, 2014.
"Is Chad Affected by Dutch or Nigerian Disease?,"
Journal of Empirical Economics, Research Academy of Social Sciences, vol. 3(5), pages 278-295.
- Kablan, Sandrine & Loening, Josef, 2012. "Is Chad affected by Dutch or Nigerian disease?," MPRA Paper 39799, University Library of Munich, Germany, revised 02 Jul 2012.
- Sandrine Kablan & Josef Loening, 2017. "Is Chad affected by Dutch or Nigerian disease?," Working Papers hal-01527664, HAL.
- Frederick van der Ploeg, 2011.
"Natural Resources: Curse or Blessing?,"
Journal of Economic Literature, American Economic Association, vol. 49(2), pages 366-420, June.
- Rick Van der Ploeg, 2008. "Natural Resources: Curse or Blessing?," OxCarre Working Papers 005, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Frederick Van der Ploeg, 2010. "Natural Resources: Curse or Blessing?," CESifo Working Paper Series 3125, CESifo.
- Barbier,Edward B., 2007. "Natural Resources and Economic Development," Cambridge Books, Cambridge University Press, number 9780521706513.
- Dauvin, Magali & Guerreiro, David, 2017.
"The Paradox of Plenty: A Meta-Analysis,"
World Development, Elsevier, vol. 94(C), pages 212-231.
- Magali Dauvin & David Guerreiro, 2016. "The Paradox of Plenty: A Meta-Analysis," EconomiX Working Papers 2016-14, University of Paris Nanterre, EconomiX.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:ectrin:v:28:y:2020:i:3:p:487-513. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1111/(ISSN)2577-6983 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.