Economics at your fingertips  

Political economy of dynamic resource wars

Frederick (Rick) van der Ploeg ()

Journal of Environmental Economics and Management, 2018, vol. 92, issue C, 765-782

Abstract: The political economy of exhaustible resource extraction is analysed in three contexts. First, if an incumbent faces a threat of being removed once and for all by a rival faction, extraction becomes more voracious if the factions do not share rents equally. Second, perennial political conflict cycles are more inefficient if constitutional cohesiveness or the partisan in-office bias is large and political instability is high. Third, resource wars are more intense if constitutional cohesiveness is weak, the incumbent has a partisan in-office bias, reserves of resources are high, the wage is low, governments can be less frequently removed from office, and fighting technology has less decreasing returns to scale. Resource depletion in such wars is more rapacious if there is more government instability, the political system is less cohesive, and the partisan in-office bias is smaller.

Keywords: D81; H20; Q31; Q38; Political conflict; Cohesiveness; Partisan bias; Dynamic resource wars; Contests; Rapacious depletion; Exploitation investment; Hold-up problem (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Journal of Environmental Economics and Management is currently edited by M.A. Cole, A. Lange, D.J. Phaneuf, D. Popp, M.J. Roberts, M.D. Smith, C. Timmins, Q. Weninger and A.J. Yates

More articles in Journal of Environmental Economics and Management from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-10-22
Handle: RePEc:eee:jeeman:v:92:y:2018:i:c:p:765-782