Economic Shocks and Conflict: Evidence from Commodity Prices

• 成果类型: Article
• 署名作者: Bazzi, Samuel; Blattman, Christopher
• 署名单位: Boston University; Columbia University
• 刊物名称: AMERICAN ECONOMIC JOURNAL-MACROECONOMICS
• ISSN/ISSBN: 1945-7707
• DOI: 10.1257/mac.6.4.1
• 发表日期: 2014
• 页码: 1-38
• 关键词: civil-war; political-economy; GROWTH; OIL; ETHNICITY; dataset; WEALTH; TRENDS; MODEL

摘要

Higher national incomes are correlated with political stability. Is this relationship causal? We test three theories linking income to conflict with new data on export price shocks. Price shocks have no effect on new conflict, even large shocks in high-risk nations. Rising prices, however, weakly lead to shorter, less deadly wars. This evidence contradicts the theory that rising state revenues incentivize state capture, but supports the idea that rising revenues improve counterinsurgency capacity and reduce individual incentives to fight in existing conflicts. Conflict onset and continuation follow different processes. Ignoring this time dependence generates mistaken conclusions about income and instability.