Do natural resource rents reduce labour shares? Evidence from panel data

ABSTRACT

Using a panel dataset of 95 countries from 1980 to 2014, we find that natural resource rents have a causal negative effect on labour shares. This effect is robust to estimation methods and control variables.

KEYWORDS:

• Natural resource rents
• labour shares
• resource curse
• panel data

JEL CLASSIFICATION:

• E25
• E31
• Q30

Disclosure statement

No potential conflict of interest was reported by the author.

Notes

¹ See Anthonsen et al. (2012) on advantages of using rent-based measures of resource-dependency.