Replication data for: Oil and Conflict: What Does the Cross Country Evidence Really Show?
Principal Investigator(s): View help for Principal Investigator(s) Anca M. Cotet; Kevin K. Tsui
Version: View help for Version V1
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Project Citation:
Cotet, Anca M., and Tsui, Kevin K. Replication data for: Oil and Conflict: What Does the Cross Country Evidence Really Show? Nashville, TN: American Economic Association [publisher], 2013. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E114264V1
Project Description
Summary:
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This paper re-examines the effect of oil wealth on political violence.
Using a unique historical panel dataset of oil discoveries, we show
that simply controlling for country fixed effects removes the statistical
association between the value of oil reserves and civil war onset.
Other macro-political violence measures, such as coup attempts, are
also uncorrelated with oil wealth. To further address endogeneity
concerns, we exploit changes in oil reserves due to randomness in
the success of oil explorations. We find little robust evidence that oil
discoveries increase the likelihood of political violence. Rather, oil
discoveries increase military spending in nondemocratic countries.
(JEL D74, H56, O17, Q34, Q41)
Scope of Project
JEL Classification:
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D74 Conflict; Conflict Resolution; Alliances; Revolutions
H56 National Security and War
O17 Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Q34 Natural Resources and Domestic and International Conflicts
Q41 Energy: Demand and Supply; Prices
D74 Conflict; Conflict Resolution; Alliances; Revolutions
H56 National Security and War
O17 Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Q34 Natural Resources and Domestic and International Conflicts
Q41 Energy: Demand and Supply; Prices
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