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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.

Suggested Citation

  • Caruso Raul, 2010. "International Relative Prices and Civil Wars in Africa: A Note," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 16(1), pages 1-8, June.
    • Handle: RePEc:bpj:pepspp:v:16:y:2010:i:1:n:1
    DOI: 10.2202/1554-8597.1193
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    References listed on IDEAS

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    1. Macartan Humphreys, 2005. "Natural Resources, Conflict, and Conflict Resolution," Journal of Conflict Resolution, Peace Science Society (International), vol. 49(4), pages 508-537, August.
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    Cited by:

    1. Bove, Vincenzo & Gavrilova, Evelina, 2014. "Income and Livelihoods in the War in Afghanistan," World Development, Elsevier, vol. 60(C), pages 113-131.
    2. Sekeris Petros, 2011. "Land Inequality and Conflict in Sub-Saharan Africa," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 16(2), pages 1-18, January.
    3. 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.

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