The natural resource boom and the uneven fall of the labor share
We study the effect of the upsurge of natural resources income from the commodity price boom of the 2000s on the functional distribution of income. To do so, we build a general equilibrium model of Dutch disease that characterizes how natural resource windfalls affect equilibrium factor shares. The...
- Autores:
-
Dávila, Andrés O.
Fernández, Manuel
Zuleta, Hernando
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2021
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/50547
- Acceso en línea:
- http://hdl.handle.net/1992/50547
- Palabra clave:
- Labor Share
Factor Income Shares
Natural Resource Boom
Commodity Price Boom
Dutch Disease
Human Capital
D33, F14, J31, O13
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/