IDEAS home Printed from https://ideas.repec.org/a/bla/ecopol/v31y2019i3p374-402.html
   My bibliography  Save this article

The heterogeneous effect of oil discoveries on democracy

Author

Listed:
  • Tania Masi
  • Roberto Ricciuti

Abstract

This paper evaluates the existence of a resource curse on political regimes using the Synthetic Control Method. Focusing on 12 countries, we compare their democracy level with the weighted democracy level of countries that have not experienced oil shocks and have similar pre‐event characteristics. We find that the exogenous variation in oil endowment does not have the same effect on all countries. In most cases, the event has a negative effect in the long run, but countries with a pre‐existing high level of democracy are not negatively affected.

Suggested Citation

  • Tania Masi & Roberto Ricciuti, 2019. "The heterogeneous effect of oil discoveries on democracy," Economics and Politics, Wiley Blackwell, vol. 31(3), pages 374-402, November.
    • Handle: RePEc:bla:ecopol:v:31:y:2019:i:3:p:374-402
    DOI: 10.1111/ecpo.12131
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/ecpo.12131
    Download Restriction: no
    File URL: https://libkey.io/10.1111/ecpo.12131?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bergougui, Brahim & Murshed, Syed Mansoob, 2020. "New evidence on the oil-democracy nexus utilising the Varieties of Democracy data," Resources Policy, Elsevier, vol. 69(C).
    2. repec:aly:journl:202192 is not listed on IDEAS
    3. Sajad Rahimian, 2021. "The Determinants of Democracy Revisited: An Instrumental Variable Bayesian Model Averaging Approach," Papers 2103.04255, arXiv.org.
    4. Masi, Tania & Savoia, Antonio & Sen, Kunal, 2024. "Is there a fiscal resource curse? Resource rents, fiscal capacity and political institutions in developing economies," World Development, Elsevier, vol. 177(C).
    5. Marchesi, Silvia & Masi, Tania, 2021. "Life after default. Private and official deals," Journal of International Money and Finance, Elsevier, vol. 113(C).
    6. Coelho dos Santos, Marcelo Bittencourt & Klotzle, Marcelo Cabus & Baptista Palazzi, Rafael, 2024. "The effect of oil discovery in Brazil: A synthetic control approach," Resources Policy, Elsevier, vol. 92(C).
    7. Tania Masi & Antonio Savoia & Kunal Sen, 2020. "Is there a fiscal resource curse? Resource rents, fiscal capacity, and political institutions in developing economies," WIDER Working Paper Series wp2020-10, World Institute for Development Economic Research (UNU-WIDER).
    8. Boulanouar, Zakaria & Essid, Lobna, 2023. "Extending the resource curse hypothesis to sustainability: Unveiling the environmental impacts of Natural resources rents and subsidies in Fossil Fuel-rich MENA Countries," Resources Policy, Elsevier, vol. 87(PA).
    9. Bergougui, B. & Murshed, S.M., 2020. "Revisiting the oil and democracy nexus : New evidence utilizing V-DEM democracy data in a GMM PVAR ‎framework ‎," ISS Working Papers - General Series 125992, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.

    More about this item

    Statistics

    Access and download statistics

    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:bla:ecopol:v:31:y:2019:i:3:p:374-402. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0954-1985 .

    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.