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This paper examines the effect of oil abundance on political violence. First, we revisit one of the main empirical findings of the civil conflict literature that oil abundance causes civil war. Using a unique panel dataset describing worldwide oil discoveries and extractions, we show that simply...
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Simon Kuznets’ (1955) hypothesis that as a country develops, a natural cycle develops where inequality first increases, then decreases, has become known at the Kuznets curve. This pattern has also been applied to the environment, an ‘Environmental Kuznets curve’, showing that as...
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