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Oil and the Duration of Dictatorships

Author

Listed:
  • 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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    File URL: http://www.buseco.monash.edu.au/eco/research/papers/2010/1010dictatorshipscuaresmaraschky.pdf
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    References listed on IDEAS

    as
    1. Kurrild-Klitgaard, Peter, 2000. "The Constitutional Economics of Autocratic Succession," Public Choice, Springer, vol. 103(1-2), pages 63-84, April.
    2. Xavier Sala-i-Martin & Arvind Subramanian, 2013. "Addressing the Natural Resource Curse: An Illustration from Nigeria," Journal of African Economies, Centre for the Study of African Economies, vol. 22(4), pages 570-615, August.
    3. Ronen Bar-El, 2009. "Dictators, development, and the virtue of political instability," Public Choice, Springer, vol. 138(1), pages 29-44, January.
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    Cited by:

    1. Ishak Phoebe W., 2019. "Autocratic Survival Strategies: Does Oil Make a Difference?," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 25(2), pages 1-22, May.
    2. Nemera Gebeyehu Mamo, . "Essays on natural resources in Africa: local economic development, multi-ethnic coalitions and armed conflict," Economics PhD Theses, Department of Economics, University of Sussex Business School, number 0518, September.

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    Keywords

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    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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