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Giant oilfields and civil conflict

Author

Listed:
  • Lei, Yu-Hsiang
  • Michaels, Guy

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.

Suggested Citation

  • Lei, Yu-Hsiang & Michaels, Guy, 2012. "Giant oilfields and civil conflict," LSE Research Online Documents on Economics 51011, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:51011
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    File URL: http://eprints.lse.ac.uk/51011/
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    Keywords

    Natural resources; resource curse; petroleum; armed conflict; civil war;
    All these keywords.

    JEL classification:

    • N0 - Economic History - - General

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