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Oil and the Duration of Dictatorships

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  • 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.

Suggested Citation

  • Jesus Crespo Cuaresma & Harald Oberhofer & Paul Raschky, 2010. "Oil and the Duration of Dictatorships," Monash Economics Working Papers 10-10, Monash University, Department of Economics.
  • Handle: RePEc:mos:moswps:2010-10
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    Cited by:

    1. Michael Goujon And Aristide Mabali, 2016. "The Different Impacts Of Different Types Of Natural Resources On Political Institutions In Developing Countries," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 41(3), pages 1-20, September.
    2. Mehrdad Vahabi, 2017. "A critical survey of the resource curse literature through the appropriability lens," CEPN Working Papers 2017-14, Centre d'Economie de l'Université de Paris Nord.
    3. Jesus Crespo Cuaresma & Doris A. Oberdabernig, 2014. "Education and the Transition to Sustained Democracy," Department of Economics Working Papers wuwp170, Vienna University of Economics and Business, Department of Economics.
    4. Randall Holcombe & Christopher Boudreaux, 2013. "Institutional quality and the tenure of autocrats," Public Choice, Springer, vol. 156(3), pages 409-421, September.
    5. Benjamin Furlan & Martin Gächter & Bob Krebs & Harald Oberhofer, 2016. "Democratization and Real Exchange Rates," Scottish Journal of Political Economy, Scottish Economic Society, vol. 63(2), pages 216-242, May.
    6. Matsen, Egil & Natvik, Gisle J. & Torvik, Ragnar, 2016. "Petro populism," Journal of Development Economics, Elsevier, vol. 118(C), pages 1-12.
      • 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.
      • Egil Matsen & Gisle J. Natvik & Ragnar Torvik, 2014. "Petro Populism," Working Papers No 1/2014, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School.
    7. 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.
    8. Martin Gassebner & Jerg Gutmann & Stefan Voigt, 2016. "When to expect a coup d’état? An extreme bounds analysis of coup determinants," Public Choice, Springer, vol. 169(3), pages 293-313, December.
    9. Andersen, Jørgen Juel & Aslaksen, Silje, 2013. "Oil and political survival," Journal of Development Economics, Elsevier, vol. 100(1), pages 89-106.
    10. Vincenzo Bove & Roberto Nisticò, 2014. "Coups d’état and defense spending: a counterfactual analysis," Public Choice, Springer, vol. 161(3), pages 321-344, December.
    11. Kotsadam, Andreas & Olsen, Eivind Hammersmark & Knutsen, Carl Henrik & Wig, Tore, 2015. "Mining and Local Corruption in Africa," Memorandum 09/2015, Oslo University, Department of Economics.
    12. Shu Yu & Richard Jong-A-Pin, 2016. "Political leader survival: does competence matter?," Public Choice, Springer, vol. 166(1), pages 113-142, January.
    13. repec:kap:copoec:v:29:y:2018:i:1:d:10.1007_s10602-017-9255-9 is not listed on IDEAS
    14. repec:pal:compes:v:59:y:2017:i:3:d:10.1057_s41294-017-0028-2 is not listed on IDEAS
    15. Antonis Adam & Sofia Tsarsitalidou, 2018. "Do democracies have higher current account deficits?," Constitutional Political Economy, Springer, vol. 29(1), pages 40-68, March.
    16. Le Billon, Philippe & Pérez Niño, Helena, 2013. "Foreign Aid, Resource Rents and Institution-Building in Mozambique and Angola," WIDER Working Paper Series 102, World Institute for Development Economic Research (UNU-WIDER).
    17. John Anyanwu & Andrew E. O. Erhijakpor, 2013. "Working Paper 184 - Does Oil Wealth Affect Democracy in Africa?," Working Paper Series 988, African Development Bank.
    18. 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 and Business, Department of Economics.
    19. Christian Bachelder Holkeboer & James Raymond Vreeland, 2013. "Calling Democracies and Dictatorships: The Effect of Political Regime on International Long-Distance Rates," Kyklos, Wiley Blackwell, vol. 66(3), pages 417-437, August.
    20. Breyel, Corinna & Grigoriadis, Theocharis, 2016. "Foreign agents? Natural resources & the political economy of civil society," Discussion Papers 2016/18, Free University Berlin, School of Business & Economics.
    21. 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).
    22. Elisabeth Nindl, 2014. "An empirical assessment of Fairtrade: A perspective for low- and middle-income countries?," EcoMod2014 6866, EcoMod.
    23. repec:kap:atlecj:v:45:y:2017:i:1:d:10.1007_s11293-016-9522-6 is not listed on IDEAS
    24. repec:kap:pubcho:v:175:y:2018:i:3:d:10.1007_s11127-018-0533-5 is not listed on IDEAS

    More about this item

    Keywords

    Natural resources; dictatorship; political economy; duration;

    JEL classification:

    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

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