EconPapers    
Economics at your fingertips  
 

Fiscal Policy and Civil Conflict in Africa

Alvaro Aguirre

Journal of African Economies, 2016, vol. 25, issue 4, 614-636

Abstract: I explore empirically the effect of fiscal policy responses to economic shocks on the likelihood of conflict in Africa. The main finding is that a countercyclical fiscal response to these shocks lowers the likelihood of conflict. This result is stronger when considering positive shocks to the price of mineral commodities and negative shocks to the price of agricultural commodities as the triggers to macroeconomic cycles. The effect is focused on politically underdeveloped countries and has been stronger during the last decades. Although macroeconomic income shocks are behind conflict onset, the effect of the fiscal response is not only associated with macroeconomic stabilisation.

Date: 2016
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1093/jae/ejw004 (application/pdf)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:oup:jafrec:v:25:y:2016:i:4:p:614-636.

Ordering information: This journal article can be ordered from
http://www.oup.co.uk/journals

Access Statistics for this article

Journal of African Economies is currently edited by Marcel Fafchamps

More articles in Journal of African Economies from Centre for the Study of African Economies (CSAE) Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2020-11-14
Handle: RePEc:oup:jafrec:v:25:y:2016:i:4:p:614-636.