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International Relative Prices and Civil Wars in Africa: A Note

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  • Caruso Raul

    ()
    (Università Cattolica del Sacro Cuore, Istituto di Politica Economica)

Abstract

The key idea of this paper is that the relative price of primary commodities in terms of manufactured goods affects the likelihood of actual conflicts. The empirical application focused on a panel of Sub-Saharan African countries for the period 1995-2006. Results are not fully conclusive. However, there is robust evidence that a proxy of world price of manufactured goods is negatively associated with the likelihood of a civil war. The conclusion would be that an increase in world prices of manufactured goods would make civil wars less likely.

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File URL: http://www.degruyter.com/view/j/peps.2010.16.issue-1/peps.2010.16.1.1193/peps.2010.16.1.1193.xml?format=INT
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Bibliographic Info

Article provided by De Gruyter in its journal Peace Economics, Peace Science, and Public Policy.

Volume (Year): 16 (2010)
Issue (Month): 1 (June)
Pages: 1-8

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Handle: RePEc:bpj:pepspp:v:16:y:2010:i:1:n:1

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References

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  1. Angrist, Joshua & Kugler, Adriana D., 2005. "Rural Windfall or a New Resource Curse? Coca, Income and Civil Conflict in Colombia," CEPR Discussion Papers 5324, C.E.P.R. Discussion Papers.
  2. Raul Caruso, 2010. "Butter, Guns And Ice-Cream Theory And Evidence From Sub-Saharan Africa," Defence and Peace Economics, Taylor & Francis Journals, vol. 21(3), pages 269-283.
  3. Nelson B. Villoria, 2009. "China and the Manufacturing Terms-of-Trade of African Exporters," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 18(5), pages 781-823, November.
  4. Indra De Soysa & Eric Neumayer, 2007. "Resource Wealth and the Risk of Civil War Onset: Results from a New Dataset of Natural Resource Rents, 1970—1999," Conflict Management and Peace Science, Peace Science Society (International), vol. 24(3), pages 201-218, July.
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Cited by:
  1. Caruso Raul, 2011. "On the Nature of Peace Economics," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 16(2), pages 1-13, January.
  2. Bove, Vincenzo & Gavrilova, Evelina, 2014. "Income and Livelihoods in the War in Afghanistan," World Development, Elsevier, vol. 60(C), pages 113-131.

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