On the timing of political regime changes in resource-dependent economies

Boucekkine, Raouf, Prieur, Fabien and Puzon, Klarizze (2016) On the timing of political regime changes in resource-dependent economies. European Economic Review, 85. pp. 188-207.

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Official URL: http://tse-fr.eu/pub/30388

Abstract

We consider a resource-dependent economy initially ruled by the elite. The transition from the autocratic to a more democratic regime takes place only if the citizens decide to revolt against the elite. The occurrence of a revolution primarily depends on the autocratic regime vulnerability and the level of inequalities, both being driven by the elite's redis- tribution and repression policies. First, we show that when a political transition is inevitable, the elite choose the maximum rate of redistribution to lengthen their period in office. Second, we find that the duration of the autocratic regime is linked to resource abundance, and how it relates to the elite's policies. More resources lead to a shorter reign of a redistributive regime, which may not be the case of a repressive regime. Finally, we interpret the Arab spring sequence in light of our findings.

Item Type: Article
Language: English
Date: June 2016
Refereed: Yes
Uncontrolled Keywords: Political transitions, Natural resources, Timing of revolutions, Duration of autocracies, Arab spring
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 22 Apr 2016 11:56
Last Modified: 07 Mar 2018 13:23
OAI ID: oai:tse-fr.eu:30388
URI: http://publications.ut-capitole.fr/id/eprint/20668

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