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Does oil promote or prevent coups?

Nordvik, Frode Martin
Working paper
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URI
http://hdl.handle.net/11250/2364523
Date
2014
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  • Centre for Applied Macro- and Petroleum economics (CAMP) [104]
Abstract
A large literature investigates the relation between oil and conflict, yet no empirical

study has found any link between oil and coups d’´etat. Using a new data

set on oil production separated into onshore and offshore production, and covering

172 countries from 1900 to 2012, onshore oil is seen to promote coup while offshore oil prevents them. A likely mechanism is that onshore oil motivates military

build-ups, while offshore oil does not. From a political leader’s point of view, a large

military is a double-edged sword, because it may turn against him and stage a coup.
Series
CAMP Working Papers Series;7/2014

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