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This paper investigates how the devolution of oil windfalls affects the likelihood of political violence. It shows that transferring large shares of oil wealth can prevent conflict, while transferring small shares can trigger it. Among the different transfer schemes, fiscal transfers (to...
Persistent link: https://www.econbiz.de/10012967487
countries around the world, and employing a variety of econometric techniques, this paper identifies the partial correlates of …
Persistent link: https://www.econbiz.de/10012935858
Accurately measuring oil production in low-governance contexts is an important task. Many terrorist organizations and insurgencies -- including the Islamic State group, also known as ISIL/ISIS or Daesh -- tap oil as a revenue source. Understanding spatial and temporal variation in production in...
Persistent link: https://www.econbiz.de/10012944258
This paper uses a global computable general-equilibrium framework with new detail on six Levant countries -- the Arab Republic of Egypt, Iraq, Jordan, Lebanon, the Syrian Arab Republic, and Turkey -- to quantify the direct and indirect economic effects of the Syrian war and the advance of the...
Persistent link: https://www.econbiz.de/10012972401
What is the impact of terrorism on trade through higher security at the borders? The authors set up a theory which … shows that the impact goes not only from terrorism to trade. Higher trade with a partner might, in turn, increase the … probability of terrorism acts and make security measures more costly for total welfare. To identify the true impact of terrorism …
Persistent link: https://www.econbiz.de/10012747883
transnational terrorism. Then they survey the recent economic literature in light of this framework by pointing to the importance in … target countries of terrorism, and (3) taking into account the intertemporal persistence of terrorism between specific pairs …
Persistent link: https://www.econbiz.de/10012747884
The relationship between political violence and greenfield foreign direct investment is contingent on the type of violence, characteristics of the investment-receiving sector, and extent to which the investing firm is geographically diversified. This paper presents an analysis with a dynamic...
Persistent link: https://www.econbiz.de/10012966998
equilibrium fictions. In the framework of this paper, technology, contacts with the outside world, and changes in power and wealth …
Persistent link: https://www.econbiz.de/10012976669
relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the …
Persistent link: https://www.econbiz.de/10013068213
(the VIX, the U.S. real interest rate and real exchange rate, U.S. GDP growth, and world commodity prices) that explain …
Persistent link: https://www.econbiz.de/10012926785