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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 develops a simple model that analyses the relationship between a country?s oil endowment and the duration of its autocratic leader. The dictator uses the rents from oil extraction for both personal gain and to pay-off potential opposition and chooses an optimal level of oil exploitation. A group of kingmakers, on the other side, decides whether to stage a coup d??tat and establish a new dictator. The relationship between oil endowment and the duration of the dictatorial regime is modulated by the price of oil. Applying an empirical survival model on data for the duration of 106 dictatorships supports the predictions of the theoretical model.

(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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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. John Anyanwu & Andrew E. O. Erhijakpor, 2013. "Working Paper 184 - Does Oil Wealth Affect Democracy in Africa?," Working Paper Series 988, African Development Bank.
  2. Martin Gassebner & Michael J. Lamla & James Raymond Vreeland, 2013. "Extreme Bounds of Democracy," Journal of Conflict Resolution, Peace Science Society (International), vol. 57(2), pages 171-197, April.
  3. 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).
  4. 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).
  5. 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.
  6. 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.
  7. 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.
  8. Andersen, Jørgen Juel & Aslaksen, Silje, 2013. "Oil and political survival," Journal of Development Economics, Elsevier, vol. 100(1), pages 89-106.

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