Oil price shocks and conflict escalation: onshore versus offshore
Oil price shocks and conflict escalation: onshore versus offshore
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St. Louis: Federal Reserve Bank of St. Louis
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English
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St. Louis: Federal Reserve Bank of St. Louis
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We reconsider the relationship between oil and conflict, focusing on the location of oil resources. In a panel of 132 countries over the period 1962-2009, we show that oil windfalls escalate conflict in onshore-rich countries, while they de-escalate conflict in offshore-rich countries. We use a model to illustrate how these opposite effects can be...
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Oil price shocks and conflict escalation: onshore versus offshore
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TN_cdi_proquest_journals_2628212614
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2628212614
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https://www.proquest.com/docview/2628212614?pq-origsite=primo&accountid=13902
