|SITC_11 x Active x log(Price)<br>SITC_11 x Closed x log(Price)<br>SITC_12 x Active x log(Price)<br>SITC_12 x Closed x log(Price)|[0.056]<br>-0.037<br>[0.026]<br>-0.127<sup>***</sup><br>[0.002]<br>0.015<br>[0.010]<br>-0.008<sup>***</sup><br>[0.002]|[0.132]<br>-0.087<sup>*</sup><br>[0.044]<br>-0.234<sup>***</sup><br>[0.004]<br>0.029<br>[0.020]<br>-0.038<sup>***</sup><br>[0.013]|[0.184]<br>-0.022<br>[0.042]<br>-0.276<sup>***</sup><br>[0.004]<br>0.030<br>[0.019]<br>-0.006<br>[0.040]|[0.336]<br>-0.269<sup>**</sup><br>[0.132]<br>0.801<sup>***</sup><br>[0.159]<br>0.082<br>[0.051]<br>-1.502<sup>**</sup><br>[0.698]|[0.044]<br>-0.034<br>[0.023]<br>-0.115<sup>***</sup><br>[0.001]<br>0.016<br>[0.010]<br>-0.005<sup>***</sup><br>[0.001]|[0.106]<br>-0.079<sup>*</sup><br>[0.040]<br>-0.207<sup>***</sup><br>[0.003]<br>0.029<br>[0.020]<br>-0.029<sup>***</sup><br>[0.010]|[0.150]<br>-0.019<br>[0.038]<br>-0.255<sup>***</sup><br>[0.003]<br>0.031<br>[0.020]<br>0.006<br>[0.041]|[0.274]<br>-0.241<sup>*</sup><br>[0.121]<br>0.721<sup>***</sup><br>[0.147]<br>0.080<br>[0.050]<br>-1.532<sup>**</sup><br>[0.689]|
|---|---|---|---|---|---|---|---|---|
|SITC_13 x Active x log(Price)<br>SITC_14 x Active x log(Price)<br>SITC_14 x Closed x log(Price)<br>SITC_15 x Closed x log(Price)<br>SITC_16 x Closed x log(Price)<br>SITC_17 x Active x log(Price)<br>SITC_17 x Closed x log(Price)<br>SITC_18 x Active x log(Price)<br>SITC_18 x Closed x log(Price)|0.016<br>[0.143]<br>0.010<br>[0.019]<br>-0.056<sup>***</sup><br>[0.002]<br>-0.158<sup>***</sup><br>[0.003]<br>-0.111<br>[0.104]<br>0.042<sup>***</sup><br>[0.005]<br>-0.029<sup>***</sup><br>[0.001]<br>0.047<sup>*</sup><br>[0.025]<br>0.001|-0.316<br>[0.667]<br>0.048<sup>***</sup><br>[0.011]<br>-0.251<sup>***</sup><br>[0.003]<br>-0.379<sup>***</sup><br>[0.005]<br>-0.362<br>[0.300]<br>0.083<sup>***</sup><br>[0.009]<br>-0.190<sup>***</sup><br>[0.003]<br>0.087<sup>*</sup><br>[0.045]<br>-0.049|-0.166<br>[0.418]<br>0.005<br>[0.049]<br>-0.094<sup>***</sup><br>[0.004]<br>-0.225<sup>***</sup><br>[0.005]<br>-0.229<br>[0.188]<br>0.037<sup>***</sup><br>[0.005]<br>-0.041<sup>***</sup><br>[0.003]<br>0.053<br>[0.045]<br>0.033<sup>**</sup>|0.487<br>[0.426]<br>0.394<sup>***</sup><br>[0.137]<br>-0.344<sup>***</sup><br>[0.026]<br>-0.091<sup>***</sup><br>[0.032]<br>0.581<sup>*</sup><br>[0.288]<br>0.012<br>[0.452]<br>0.035<br>[0.532]<br>-0.134<br>[0.147]<br>0.208|0.748<sup>*</sup><br>[0.418]<br>0.038<br>[0.034]<br>-0.035<sup>***</sup><br>[0.003]<br>-0.142<sup>***</sup><br>[0.003]<br>-0.099<br>[0.091]<br>0.042<sup>***</sup><br>[0.003]<br>-0.024<sup>***</sup><br>[0.001]<br>0.041<sup>*</sup><br>[0.021]<br>0.001|1.097<sup>***</sup><br>[0.323]<br>0.090<sup>**</sup><br>[0.039]<br>-0.208<sup>***</sup><br>[0.006]<br>-0.346<sup>***</sup><br>[0.005]<br>-0.325<br>[0.268]<br>0.083<sup>***</sup><br>[0.006]<br>-0.163<sup>***</sup><br>[0.003]<br>0.074<sup>*</sup><br>[0.039]<br>-0.045|1.018<sup>**</sup><br>[0.390]<br>0.062<br>[0.066]<br>-0.066<sup>***</sup><br>[0.008]<br>-0.202<sup>***</sup><br>[0.006]<br>-0.206<br>[0.169]<br>0.038<sup>***</sup><br>[0.004]<br>-0.034<sup>***</sup><br>[0.003]<br>0.045<br>[0.039]<br>0.026<sup>*</sup>|0.334<br>[0.290]<br>0.655<sup>***</sup><br>[0.148]<br>-0.249<sup>***</sup><br>[0.044]<br>-0.086<sup>**</sup><br>[0.036]<br>0.675<sup>*</sup><br>[0.385]<br>0.002<br>[0.390]<br>0.033<br>[0.460]<br>-0.114<br>[0.128]<br>0.190|
||[0.014]|[0.050]|[0.015]|[0.184]|[0.013]|[0.045]|[0.014]|[0.158]|
|Fixed effects|Yes|Yes|Yes|Yes|Yes|Yes|Yes|Yes|
|Controls|Yes|Yes|Yes|Yes|Yes|Yes|Yes|Yes|
|N|19298|19298|19298|23745|19298|19298|19298|23745|
|R-squared|0.763|0.628|0.677|0.464|0.763|0.628|0.677|0.463|
|Countries|38|38|38|38|38|38|38|38|

Notes: (1) The table shows the regression results for a sample of 2,182 districts in 653 regions across 38 countries in Africa during 2001–2012. (2) The regressions exploit the status of mining activities to explain spatial-temporal variations in inequality and welfare measures. (3) All inequality indicators are at the district level and measured using night-time light intensity. (4) The standard errors, clustered at the country level, are in the brackets. (5) Constant (measured at constant 1998 US dollars) and average (measured as annual averages) prices come from USGS. (6) Fixed effects include time fixed effects, district fixed effects, regional fixed effects, country fixed effects, and country-year fixed effects. (7) Controls include a proxy for agricultural productivity, rainfall, population sizes, lights pixels lit, and district geographical locations (measured in absolute latitudes). (8) SITC_1: helium. (9) SITC_2: garnet (industrial). (10) SITC_3: stones (crushed, dimension), limestone, gypsum, marble, and silicon. (11) SITC_4: sulphur. (12) SITC_5: diamond. (13) SITC_6: barite, bentonite, clay, dolomite, fluorspar, graphite, salt, vermiculite, fluorine, and graphite. (14) SITC_7: iron ore. (15) SITC_8: copper. (16) SITC_9: cobalt, chromium, niobium (columbium), tantalum, titanium, zirconium, and tungsten. (17) SITC_10: arsenic trioxide, lithium, manganese, pyrophyllite, soda ash, sodium silicate, and wollastonite. (18) SITC_11: phosphate rock and phosphoric acid. (19) SITC_12: cement. (20) SITC_13: diatomite. (21) SITC_14: platinum. (22) SITC_15: nickel. (23) SITC_16: zinc. (24) SITC_17: tin. (25) SITC_18: gold.<sup>*</sup> p < 0.10.<sup>**</sup> p < 0.05.<sup>***</sup> p < 0.01.

Source: authors’ estimations.

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