Does Oil Promote or Prevent Coups?
Frode Nordvik ()
No No 7/2014, Working Papers from Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School
Abstract:
A large literature investigates the relation between oil and conflict, yet no empirical study has found any link between oil and coups d etat. Using a new data set on oil production separated into onshore and offshore production, and covering 172 countries from 1900 to 2012, onshore oil is seen to promote coup while offshore oil prevents them. A likely mechanism is that onshore oil motivates military build-ups, while offshore oil does not. From a political leader s point of view, a large military is a double-edged sword, because it may turn against him and stage a coup.
Keywords: political economy; natural resoruces; coups d' tat; military spending (search for similar items in EconPapers)
JEL-codes: D74 H56 O17 Q34 Q41 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2014-10
New Economics Papers: this item is included in nep-ene and nep-pol
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:bny:wpaper:0025
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