Replication data for: Oil and Conflict: What Does the Cross Country Evidence Really Show?
Description
This paper re-examines the effect of oil wealth on political violence. Using a unique historical panel dataset of oil discoveries, we show that simply controlling for country fixed effects removes the statistical association between the value of oil reserves and civil war onset. Other macro-political violence measures, such as coup attempts, are also uncorrelated with oil wealth. To further address endogeneity concerns, we exploit changes in oil reserves due to randomness in the success of oil explorations. We find little robust evidence that oil discoveries increase the likelihood of political violence. Rather, oil discoveries increase military spending in nondemocratic countries. (JEL D74, H56, O17, Q34, Q41)
Publication Date
1-1-2013
Publisher
ICPSR
DOI
10.3886/e114264v1-99160
Language
en
Document Type
Data Set
Recommended Citation
Tsui, Kevin K.; Cotet, Anca M. (2013), "Replication data for: Oil and Conflict: What Does the Cross Country Evidence Really Show?", ICPSR, doi: 10.3886/e114264v1-99160
https://doi.org/10.3886/e114264v1-99160
Identifier
10.3886/e114264v1-99160
Embargo Date
1-1-2013
Version
v1