Food Prices and Political Instability
Rabah Arezki and
Markus Brückner
No 3544, CESifo Working Paper Series from CESifo
Abstract:
We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a significant deterioration of democratic institutions and a significant increase in the incidence of anti-government demonstrations, riots, and civil conflict. In the High Income Countries variations in the international food prices have no significant effects on democratic institutions and measures of intra-state conflict. Our empirical results point to a significant externality of variations in international food prices on Low Income Countries' social and political stability.
Keywords: food prices; conflict; political institutions (search for similar items in EconPapers)
JEL-codes: O00 P00 Q00 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (47)
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Related works:
Working Paper: Food Prices and Political Instability (2011) 
Working Paper: Food Prices and Political Instability (2011) 
Working Paper: Food prices and political instability (2011) 
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_3544
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