Who profits from windfalls in oil tax revenue? Inequality, protests, and the role of corruption

Alexeev, Michael; Zakharov, Nikita

doi:10.1016/j.jebo.2022.03.010

Cited by 17 publications

(5 citation statements)

References 64 publications

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“…McDonald, 1981); their influence on politics and governance (see e.g. Andersen and Sørensen, 2022;Borge et al 2015;Alexeev, M. and Zakharov, 2022); and so on.…”

Section: Introductionmentioning

confidence: 99%

Examining the effect of the UK oil and gas windfall tax on the economics of new fields in the UKCS province

Abdul-Salam

2024

Resources Policy

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“…McDonald, 1981); their influence on politics and governance (see e.g. Andersen and Sørensen, 2022;Borge et al 2015;Alexeev, M. and Zakharov, 2022); and so on.…”

Section: Introductionmentioning

confidence: 99%

Examining the effect of the UK oil and gas windfall tax on the economics of new fields in the UKCS province

Abdul-Salam

2024

Resources Policy

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“…These channels include the impact of inequality on income redistribution, fertility rates, human capital investment, and political decisions. One of the approaches in the channels of political economy is the indirect effect of income inequality on economic growth through income redistribution and taxation, as discussed by Alexeev and Zakharov (2022). Hartwell, Horvath, Horvathova, and Popova (2019) suggest that in democratic nations, the tax imposed based on income is selected by the median voter, and economic inequality can result in political choices that reduce the net return on investment.…”

Section: Introduction 11 Background Of Studymentioning

confidence: 99%

“…This study was distinctive in that it focused on the precise pathways through which income disparity affected economic development. Previous research (Foellmi & Zweimüller, 2006;Fragkandreas, 2022;Aghion et al, 2018;Prettner & Strulik, 2020;Adrián Risso & Sánchez Carrera, 2018;Hémous & Olsen, 2022;Galor, 2009;Alexeev & Zakharov, 2022) had not thoroughly examined this aspect. 4…”

Section: Introduction 11 Background Of Studymentioning

confidence: 99%

Unraveling the Mechanisms of Income Inequality on Economic Growth in Ethiopia: Insights from Empirical Analysis

Hordofa

2023

Preprint

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The aim of this research was to investigate how income inequality impacts the economic growth of Ethiopia by analyzing the various ways in which it influences economic growth. The study gathered an exclusive dataset from diverse secondary sources that ranged from 1981 to 2016. To examine the link between transmission channels, inequality of income, and growth, the study utilized a stepwise regression autoregressive distributed lag (ARDL) approach. The research concluded with four lines of reasoning, including political economy, innovation, fertility, and saving channels. According to the findings, inequality of income has a positive impact on innovative activities and total savings as measured by gross fixed capital formation, but it only has a negative and significant effect on economic growth through the channels of innovation and savings. While caution should be taken when generalizing the findings to other countries, this study offers valuable insights into the intricate link between income inequality and economic growth specifically in Ethiopia. The study recommends that policymakers implement targeted policies to address the different transmission channels through which income inequality affects economic growth, to comprehensively tackle this issue.

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“…Additionally, we also saw that when oil tax revenues joined with regional government then huge profits and dividends create income inequality and it also gives an edge to the elite class group to make adjustments according to their requirements, and positive oil price shocks compact the labor income group and enhance the opportunities of another income group of persons that are linked with social evils mostly with corruption. Alexeev and Zakharov (2022); (Zahra, Nasir, Rahman, & Idress, 2023) Most of the time country's economy is compromised when there is a deep relation of elite class groups with government inequality of income that happened automatically due to this, it is quite easy for political leaders to create corruption in oil rents (Andersen, Johannesen, Lassen, & Paltseva, 2017;Asher & Novosad, 2023;Caselli & Michaels, 2013;Chaudhary et al, 2023;James & Rivera, 2022).…”

Section: Introductionmentioning

confidence: 99%

Oil Price Shocks Drive Corruption; A Bibliometric Analysis

Ashfaq,

Zafar,

Zahid

et al. 2023

iRASD J. Eco.

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The world economy has a massive range of issues, including political instability, social unrest, unchecked corruption, unemployment, extreme poverty, etc. Developed countries have the resources to control it to some extent but it is difficult to remove all evils in the economy. The oil crisis has made things worse. This study proved that the stability of institutions was directly harmed by the relationship between oil prices and corruption. It has been explained how the oil crisis has changed societal structure by interfering with daily routines, academic calendars, health care facilities, transportation systems, and educational practices. For this, we use R studio productive techniques which include two types of methods first descriptive analysis like documents, and authors. Overview while another type contains structural analysis. The statistical software tool R- package and VOS viewer are used to do all of these operations. The findings show that effective government is a key tool for long-term economic success. In addition, oil prices have a favorable long- and short-term impact on economic growth. The research found little value in the findings that supported the short-term effects of governance and corruption control. This Study offers policy recommendations for creating long-term good governance that will assist national economic growth.

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Who profits from windfalls in oil tax revenue? Inequality, protests, and the role of corruption

Cited by 17 publications

References 64 publications

Examining the effect of the UK oil and gas windfall tax on the economics of new fields in the UKCS province

Examining the effect of the UK oil and gas windfall tax on the economics of new fields in the UKCS province

Unraveling the Mechanisms of Income Inequality on Economic Growth in Ethiopia: Insights from Empirical Analysis

Oil Price Shocks Drive Corruption; A Bibliometric Analysis

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