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Oil and the duration of dictatorships

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Author Info

  • Jesus Crespo Cuaresma

    ()

  • Harald Oberhofer

    ()

  • Paul Raschky

    ()

Abstract

This paper studies empirically the relationship between oil endowment and the duration of autocratic leaders. A simple theoretical setting shows how the relationship between oil endowment and the duration of the dictatorial regime is mediated by the price of oil. Using a dataset on 106 dictators, our empirical analysis supports the predictions of the theoretical model and indicates that dictators in countries which are relatively better endowed in terms of oil stay longer in office. This result is robust to changes in the definition of dictatorial regimes, as well as to controlling for other economic and political variables.

(This abstract was borrowed from another version of this item.)

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File URL: http://hdl.handle.net/10.1007/s11127-010-9671-0
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Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 148 (2011)
Issue (Month): 3 (September)
Pages: 505-530

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Handle: RePEc:kap:pubcho:v:148:y:2011:i:3:p:505-530

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Web page: http://www.springerlink.com/link.asp?id=100332

Related research

Keywords: Natural resources; Dictatorship; Political economy; Duration; Q34; D72; H11;

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References

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  1. Daron Acemoglu & Davide Ticchi & Andrea Vindigni, 2010. "A Theory of Military Dictatorships," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(1), pages 1-42, January.
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Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Olja kan gynna diktatorer
    by nonicoclolasos in Nonicoclolasos on 2010-02-17 11:28:45
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Cited by:
  1. Martin Gassebner & Michael J. Lamla & James Raymond Vreeland, 2009. "Extreme Bounds of Democracy," KOF Working papers 09-224, KOF Swiss Economic Institute, ETH Zurich.
  2. Furlan, Benjamin & Gächter, Martin & Krebs, Bob & Oberhofer, Harald, 2012. "Democratization and real exchange rates," Working Papers in Economics and Finance 2012-6, University of Salzburg, revised 28 Oct 2013.
  3. Egil Matsen & Gisle J. Natvik & Ragnar Torvik, 2012. "Petro populism," Working Paper 2012/06, Norges Bank.
    • Egil Matsen & Ragnar Torvik & Gisle J. Natvik, 2012. "Petro populism," Working Paper Series 12812, Department of Economics, Norwegian University of Science and Technology.
  4. Randall Holcombe & Christopher Boudreaux, 2013. "Institutional quality and the tenure of autocrats," Public Choice, Springer, vol. 156(3), pages 409-421, September.
  5. John Anyanwu & Andrew E. O. Erhijakpor, 2013. "Working Paper 184 - Does Oil Wealth Affect Democracy in Africa?," Working Paper Series 988, African Development Bank.
  6. Jesus Crespo Cuaresma & Doris A. Oberdabernig, 2014. "Education and the Transition to Sustained Democracy," Department of Economics Working Papers wuwp170, Vienna University of Economics, Department of Economics.
  7. Möller, Marie, 2012. "An empirical study of the limits and perspectives of institutional transfers," CIW Discussion Papers 02/2012, University of Münster, Center for Interdisciplinary Economics (CIW).
  8. Perez Nino, Helena & Le Billon, Philippe, 2013. "Foreign aid, resource rents and institution-building in Mozambique and Angola," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  9. Andersen, Jørgen Juel & Aslaksen, Silje, 2013. "Oil and political survival," Journal of Development Economics, Elsevier, vol. 100(1), pages 89-106.
  10. Elisabeth Nindl, 2014. "An empirical assessment of Fairtrade: A perspective for low- and middle-income countries?," Department of Economics Working Papers wuwp160, Vienna University of Economics, Department of Economics.

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