IDEAS home Printed from https://ideas.repec.org/a/agr/journl/vxxxiy2024i4(641)p339-356.html
   My bibliography  Save this article

The determinants of political instability: the role of mining resources

Author

Listed:
  • Ahandi Vincent LOMPO

    (Thomas SANKARA University, Burkina Faso)

  • Achille Augustin DIENDERE

    (Thomas SANKARA University, Burkina Faso)

Abstract

This article examines the relationship between mining exports and political instability in the West African Economic and Monetary Union (WAEMU). The study covers the 2002-2019 period. Based on a panel data set, the empirical model is estimated using Driscoll and Kraay standard error estimation technique. Findings show that mining exports play a significant role in political instability. An increase in mining exports likely increases the risk of political instability. These findings suggest that controlling corruption and building human capital are channels through which mineral resource exports can mitigate the risk of political instability.

Suggested Citation

  • Ahandi Vincent LOMPO & Achille Augustin DIENDERE, 2024. "The determinants of political instability: the role of mining resources," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(641), W), pages 339-356, Winter.
    • Handle: RePEc:agr:journl:v:xxxi:y:2024:i:4(641):p:339-356
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/1804.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=1804&rid=157
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alesina, Alberto & Özler, Sule & Roubini, Nouriel & Swagel, Phillip, 1996. "Political Instability and Economic Growth," Journal of Economic Growth, Springer, vol. 1(2), pages 189-211, June.
    2. Gary S. Becker, 1974. "Crime and Punishment: An Economic Approach," NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 1-54, National Bureau of Economic Research, Inc.
    3. Camille Laville, 2018. "L'analyse économétrique des conflits internes par l'approche causale : les évolutions d'une littérature en expansion," Post-Print hal-01949580, HAL.
    4. Fosu, Augustin Kwasi, 1992. "Political Instability and Economic Growth: Evidence from Sub-Saharan Africa," Economic Development and Cultural Change, University of Chicago Press, vol. 40(4), pages 829-841, July.
    5. Ouoba, Youmanli, 2016. "Natural resources: Funds and economic performance of resource-rich countries," Resources Policy, Elsevier, vol. 50(C), pages 108-116.
    6. Acemoglu,Daron & Robinson,James A., 2009. "Economic Origins of Dictatorship and Democracy," Cambridge Books, Cambridge University Press, number 9780521671422, November.
    7. Acemoglu, Daron & Johnson, Simon & Robinson, James A., 2005. "Institutions as a Fundamental Cause of Long-Run Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 6, pages 385-472, Elsevier.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. 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.
    2. Elias Papaioannou & Gregorios Siourounis, 2008. "Democratisation and Growth," Economic Journal, Royal Economic Society, vol. 118(532), pages 1520-1551, October.
    3. Dejene Mamo Bekana, 2021. "Innovation and Economic Growth in Sub-Saharan Africa: Why Institutions Matter? An Empirical Study Aross 37 Countries," Arthaniti: Journal of Economic Theory and Practice, , vol. 20(2), pages 161-200, December.
    4. Michal Mádr & Luděk Kouba, 2015. "The Impact of Institutional Environment on Inflows of Foreign Direct Investment in European Transition Economies and Latin American Countries [Vliv institucionálního prostředí na příliv přímých zah," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2015(1), pages 45-60.
    5. Alogoskoufis, George, 2021. "Historical cycles of the economy of modern Greece from 1821 to the present," LSE Research Online Documents on Economics 109848, London School of Economics and Political Science, LSE Library.
    6. Christopher Blattman, 2009. "Civil War: A Review of Fifty Years of Research," Working Papers id:2231, eSocialSciences.
    7. Marattin, Luigi & Marzo, Massimiliano & Zagaglia, Paolo, 2013. "Distortionary tax instruments and implementable monetary policy," International Review of Economics & Finance, Elsevier, vol. 25(C), pages 219-243.
    8. Slesman, Ly & Baharumshah, Ahmad Zubaidi & Azman-Saini, W.N.W., 2019. "Political institutions and finance-growth nexus in emerging markets and developing countries: A tale of one threshold," The Quarterly Review of Economics and Finance, Elsevier, vol. 72(C), pages 80-100.
    9. Shaukat, Badiea & Zhu, Qigui & Khan, M. Ijaz, 2019. "Real interest rate and economic growth: A statistical exploration for transitory economies," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 534(C).
    10. Andrea Asoni, 2008. "Protection Of Property Rights And Growth As Political Equilibria," Journal of Economic Surveys, Wiley Blackwell, vol. 22(5), pages 953-987, December.
    11. Chandan Sharma, 2021. "Does Corruption Sand The Wheels Of Financial Sector Development? Evidence From Global Panel Data," Journal of Financial Management, Markets and Institutions (JFMMI), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 1-32, December.
    12. Therese E. Zogo & Christophe M. Mbassi & Simplice A. Asongu, 2024. "Coup d’état and access to electricity in sub-Saharan Africa," Working Papers of the African Governance and Development Institute. 24/019, African Governance and Development Institute..
    13. Bjørnskov, Christian & Freytag, Andreas & Gutmann, Jerg, 2022. "Coups and the dynamics of media freedom," Economic Modelling, Elsevier, vol. 116(C).
    14. Cason, Timothy N. & Mui, Vai-Lam, 2015. "Rich communication, social motivations, and coordinated resistance against divide-and-conquer: A laboratory investigation," European Journal of Political Economy, Elsevier, vol. 37(C), pages 146-159.
    15. Pooja Karnane & Michael A. Quinn, 2019. "Political instability, ethnic fractionalization and economic growth," International Economics and Economic Policy, Springer, vol. 16(2), pages 435-461, April.
    16. Olivia D'Aoust & Olivier Sterck, 2016. "Who Benefits from Customary Justice? Rent-seeking, Bribery and Criminality in sub-Saharan Africa," Journal of African Economies, Centre for the Study of African Economies, vol. 25(3), pages 439-467.
    17. Åsa Johansson, 2016. "Public Finance, Economic Growth and Inequality: A Survey of the Evidence," OECD Economics Department Working Papers 1346, OECD Publishing.
    18. Karla Hoff & Joseph E. Stiglitz, 2008. "Exiting a Lawless State," Economic Journal, Royal Economic Society, vol. 118(531), pages 1474-1497, August.
    19. Fabian Wahl, 2014. "Origins of Political Change Ñ The Case of Late Medieval Guild Revolts," Working Papers 0069, European Historical Economics Society (EHES).
    20. Ian W. McLean, 2010. "Responding to Shocks: Australia's Institutions and Policies," School of Economics and Public Policy Working Papers 2010-30, University of Adelaide, School of Economics and Public Policy.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:xxxi:y:2024:i:4(641):p:339-356. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mircea Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.