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What is the impact of natural resource booms on income inequality? Some lessons from Australia
Commodity price shocks can have powerful but unequal effects on labour, capital and land. A large literature, often referred to as the ‘Dutch Disease’ literature, documents the effects of these commodity booms on factors of production. An increase in global … Continue reading
Posted in Institutions and Growth
Tagged Agriculture, Exports, Inequality, Institutions, Natural Resources, Trade
Comments Off on What is the impact of natural resource booms on income inequality? Some lessons from Australia