Showing 1 - 10 of 171
discoveries increase per capita oil production and oil exports by up to 50 percent. But these giant oilfield discoveries also have …
Persistent link: https://www.econbiz.de/10009351523
analysis shows that the presence and location of oil are significant and quantitatively important predictors of inter …
Persistent link: https://www.econbiz.de/10011083646
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find … muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while … onshore oil has only modest effects on non-oil GDP composition. However, oil abundance causes municipal revenues and reported …
Persistent link: https://www.econbiz.de/10008509470
We present a theory of ethnic conflict in which coalitions formed along ethnic lines compete for the economy's resources. The role of ethnicity is to enforce coalition membership: in ethnically homogeneous societies members of the losing coalition can defect to the winners at low cost, and this...
Persistent link: https://www.econbiz.de/10005791398
becoming terrorists when representing regions rich in oil. Groups that participate in exerting power over their region are less …
Persistent link: https://www.econbiz.de/10011084444
Natural and agricultural resources for which there is a substantial black market, such as coca, opium, and diamonds, appear especially likely to be exploited by the parties to a civil conflict. On the other hand, these resources may also provide one of the few reliable sources of income in the...
Persistent link: https://www.econbiz.de/10005124245
This paper studies empirically the impact of mining on conflicts in Africa. Using novel data, we combine geo-referenced information over the 1997-2010 period on the location and characteristics of violent events and mining extraction of 27 minerals. Working with a grid covering all African...
Persistent link: https://www.econbiz.de/10011084702
This paper studies the incidence of civil war over time. We put forward a canonical model of civil war, which relates the incidence of conflict to circumstances, institutions and features of the underlying economy and polity. We use this model to derive testable predictions and to interpret the...
Persistent link: https://www.econbiz.de/10005661970
Oil exporters typically do not consider below-ground assets when allocating their sovereign wealth fund portfolios, and … ignore above-ground assets when extracting oil. We present a unified framework for considering both. Subsoil oil should alter … any unhedged volatility must be managed by precautionary savings. If oil prices are pro-cyclical, oil should be extracted …
Persistent link: https://www.econbiz.de/10011084308
This paper uses the natural experiment of Argentina's integration into world markets in the late-nineteenth century to provide evidence on the role of internal geography in shaping the effects of external integration. We develop a quantitative model of the distribution of economic activity...
Persistent link: https://www.econbiz.de/10011083840