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We study how natural-resource rents affect the risk of internal conflict within countries and how the federal structure of countries influences this relationship. Natural-resource abundance may induce excessive rent-seeking and thus increase the risk of internal conflict. Fiscal and political...
Persistent link: https://www.econbiz.de/10010339382
The present paper analyses how resource rents may affect political outcomes in a polarized society, where groups hold conflicting views on economic policy. A politically dominant group decides whether or not to include the opposition in the national political process. The weaker group chooses...
Persistent link: https://www.econbiz.de/10014198324
of a negative oil price shock, regime change becomes likely, whereas a positive oil shock increases the extractive … capacity of the dictator. When a negative oil price shock occurs, the persecution of failed revolutionaries can prevent …
Persistent link: https://www.econbiz.de/10011536049
identification strategy to test these models. However, Lei and Michaels (2014) find that exogenous discoveries of “giant” oil fields … of the oil discovery. Results indicate that for conflicts over control of territory, strong economic and political … institutions reduce the likelihood of conflict in the wake of the discovery of oil. This empirical finding is consistent with basic …
Persistent link: https://www.econbiz.de/10013027193
Several empirical studies have found that when exports are concentrated in natural resources countries experience slower rates of economic growth. Various potential channels for this relationship have been identified including Dutch disease, volatility in the terms of trade, and impacts on...
Persistent link: https://www.econbiz.de/10009782123
Natural resources are often related to conflicts. The Dal B'o & Dal B'o (2011) theory states that income shocks affect capital- and labor-intensive sectors differently. Using sub-national cells covering the African continent for 1997-2010, I find that conflicts react differently to positive...
Persistent link: https://www.econbiz.de/10012318667
We discuss political economy mechanisms which can explain the resource curse,in which an increase in the size of resource rents causes a decrease in the economy’stotal value added. We identify a number of channels through which resource rentswill alter the incentives of a political leader....
Persistent link: https://www.econbiz.de/10009305061
This paper examines the growth experience of the Central Asian economies after the breakup of the Soviet Union. In particular, it evaluates the impact of being landlocked and resource rich. The main conclusions are: (1) Over the period 1994–2006, the landlocked resourcescarce developing...
Persistent link: https://www.econbiz.de/10008758512
This paper examines the growth experience of the Central Asian economies after the breakup of the Soviet Union. In particular, it evaluates the impact of being landlocked and resource rich. The main conclusions are: (1) Over the period 1994-2006, the landlocked resource-scarce developing...
Persistent link: https://www.econbiz.de/10013136453
Persistent link: https://www.econbiz.de/10014504858