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Do giant oilfield discoveries fuel internal armed conflicts?

Lei, Yu-Hsiang and Michaels, Guy (2011) Do giant oilfield discoveries fuel internal armed conflicts? Discussion Papers, 1089. Centre for Economic Performance, London, UK.

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Identification Number: 1089

Abstract

We use new data to examine the effects of giant oilfield discoveries around the world since 1946. On average, these discoveries increase per capita oil production and oil exports by up to 50 percent. But these giant oilfield discoveries also have a dark side: they increase the incidence of internal armed conflict by about 5-8 percentage points. This increased incidence of conflict due to giant oilfield discoveries is especially high for countries that had already experienced armed conflicts or coups in the decade prior to discovery.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk/pubs/download/dp1089.pdf
Additional Information: © 2011 The Authors
Subjects: H Social Sciences > HC Economic History and Conditions
Sets: Departments > Economics
Research centres and groups > Centre for Economic Performance (CEP)
Series: Working Papers > CEP Discussion Papers
Date Deposited: 23 Jan 2013 08:57
Last Modified: 25 Jan 2013 10:32
Projects: Labour Markets Programme
Funders: Economic and Social Research Council
URI: http://eprints.lse.ac.uk/id/eprint/48088

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