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dc.contributor.authorCologni, Alessandroen_US
dc.contributor.authorManera, Matteoen_US
dc.date.accessioned2012-05-18en_US
dc.date.accessioned2012-07-13T14:52:47Z-
dc.date.available2012-07-13T14:52:47Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/59727-
dc.description.abstractNatural resources are generally associated to negative effects on the political environment of a country. This paper explores the impact that oil revenues have on the establishment of a given political system. Based on previous literature, a political economy perspective is employed. A simple game theoretical approach in order to explain the relationships between oil revenues, political instability (conflicts) and emergence of different political systems is presented. The implementation of particular redistributive fiscal policies together with the possibility that paternalistic or predatory autocracies emerge are considered. Under certain circumstances, a process of full democratization is argued not to represent an optimal choice for the oil-rich authoritarian nations. Since governments prefer to remain nondemocratic, in order to prevent internal conflicts from occurring, authoritarian countries have to undertake redistributive activities. Under other assumptions, governments of oil-rich nations prefer to introduce large military sectors. The present analysis determines how the emergence of redistributive of predatory policies depends on relevant parameters related to initial income, oil revenues and social inequality. Finally, we study the importance of socio-ethnical fragmentation in determining the political transition of oil producing nations.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei Milanoen_US
dc.relation.ispartofseriesNota di lavoro, Fondazione Eni Enrico Mattei: Energy: Resources and Markets 24.2012en_US
dc.subject.jelC72en_US
dc.subject.jelD74en_US
dc.subject.jelO13en_US
dc.subject.jelP16en_US
dc.subject.ddc330en_US
dc.subject.keywordNatural Resourcesen_US
dc.subject.keywordRentier Statesen_US
dc.subject.keywordConflict and Endogenous Political Regimesen_US
dc.titleOil revenues, ethnic fragmentation and political transition of authoritarian regimesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn715903799en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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