Resource Rents, Redistribution, and Halving Global Poverty: The Resource Dividend

By P. Segal. 2011

115 citations recorded by the source corpus.

Summary This paper considers the proposal that each country distributes its resource rents directly to citizens as a universal and unconditional cash transfer, or Resource Dividend , and estimates its potential impact on global poverty for the years 2000–06. Using a global dataset on resource rents and the distribution of income, I find that if every developing country implemented the policy then the number of people living below $1-a-day would be cut by between 27% and 66%, depending on the year and the assumptions made. Looking ahead, poverty could be better than halved as long as commodity prices do not drop below their 2004 level.

Subfields: Building and Construction, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/590fc52bb7131c50a7f40aa480e0995d6b8dfe28

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Building and Construction

1. S. Anand
2. Morgan D. Bazilian
3. Jun Rentschler
4. P. Segal

In Economics and Econometrics

1. P. Segal
2. S. Anand
3. Morgan D. Bazilian
4. Jun Rentschler
5. Branko Milanovic
6. D. Gasper
7. Laura Diaz Anadon
8. Cristina Peñasco

Citations in the corpus

• Global Income Distribution: From the Fall of the Berlin Wall to the Great Recession (2013, unknown): “30 Using PovcalNet, Segal (2011) obtains more detailed fractiles (limited to represent at most 5 million people) by accessing the detailed estimation code of the Lorenz curves which PovcalNet fits on the grouped data.”
• The Global Distribution of Income (2014, background): “Segal (2011) considers the impact on poverty of a universal unconditional transfer, or “basic income,” funded by a country’s own natural resource rents.”
• Reforming fossil fuel subsidies: drivers, barriers and the state of progress (2017, background): “Similarly, the governments of Bolivia (2010), Cameroon (2008), Venezuela (1989) and Yemen (2005 and 2014) were all forced to abandon reform attempts following heavy public protests, particularly by low-income population groups (IEA, 2014a; Segal, 2011).”