NOVAFRICA » NOVAFRICA Seminar:“Oil Price Shocks and Civil
- Usage:Cooking oil,etc
- Type:Cold & Hot Pressing Machine, Cooking oill Mill Dewaxing Plant
- Automatic Grade:Automatic
- Production Capacity:300TPD Cooking oill Mill Dewaxing Plant
- Voltage:380V
- Power(W):Based On Cooking oill Mill Dewaxing Plant Capacity
- Dimension(L*W*H):Based On Cooking oill Mill Dewaxing Plant Capacity
- Weight:Based On Cooking oill Mill Dewaxing Plant Capacity
- Certification:CE,BV,ISO9001
- After-sales Service Provided:Engineers available to service machinery overseas
- Process Capacity:1-500TPD
- Refining Standard:High Grade Oil
“Oil Price Shocks and Civil Conflict: Evidence from Nigeria” On Wednesday, December 2nd, at 2.30pm, the NOVAFRICA Center welcomes Arinze Nwokolo, from the University of Navarra to present his work on oil price shocks and how they affect civil conflict in Nigeria.
Income Shocks and Conflict : Evidence from Nigeria
- Usage:Corn oill Mill Mill
- Type:Cold & Hot Pressing Machine, Corn oill Mill Mill
- Automatic Grade:Automatic
- Production Capacity:200TPD Corn oill Mill Mill
- Voltage:380V
- Certification:ISO9001
- After-sales Service Provided:Engineers available to service machinery overseas
- Cooking Oil Machinery Process:Pre-treatment,Solvent Extraction,Refining
- Raw Material:Vegetable Oil Suitable for Seed,Peanut,Seed,Seed
- Material:Stainless and Carbonless Steel
- Solvent Extraction Process:DTDC,Miscella Toasting and Stripping,Solvent Collecting,etc
- Pretreatment Process:Cleaning,Hulling,Breaking,Soften,Flaking,Puffing,Toasting
- Service:Engineer Abroad Erection
- Refining Process:Degumming,Deacidification,Deordorization,Decoloration,etc
- Process Capacity:300TPD Corn oill Mill Mill
- Packing:Frame and Container
This paper extends the micro evidence on the impact of income shocks on civil conflict using data across Nigerian states over the past decade. The paper uses an innovative empirical strategy matching household survey, oil production, and domestic and international price data to capture three separate channels linking income changes to conflict.
Income shocks and conflict: Evidence from Nigeria
- Usage:Edible Oil, Salad oill Plant
- Type:Cold & Hot Pressing Machine, Salad oill Plant
- Automatic Grade:Automatic
- Production Capacity:5-600TPD Salad oill Plant
- Voltage:380V
- Power(W):Based On Salad oill Plant Capacity
- Dimension(L*W*H):Based On Salad oill Plant Capacity
- Weight:Based On Salad oill Plant Capacity
- Certification:ISO9001
- After-sales Service Provided:Engineers available to service machinery overseas
- Working mode:Automatic oill Production
- Final Product:RBD Edible Oil
- Refining process:Degumming,Decolorization,Deodorization,etc
Income shocks and conflict: Evidence from Nigeria* oil prices, but not to affect the other economic shocks we consider. Surprisingly, we also find that a recent history of past conflict does not magnify the effects of price shocks on violent conflict. Finally, to the best of our knowledge this is the first study systematically looking at
COMMODITY PRICE SHOCKS AND CIVIL CONFLICT: EVIDENCE FROM
- Usage:Edible oil, Edible Oil,etc
- Type:Cold & Hot Pressing Machine, Edible oill Mill Dewaxing Plant
- Automatic Grade:Automatic
- Production Capacity:50TPD oill Production Dewaxing Equipment
- Voltage:380V
- Power(W):Based On oill Production Dewaxing Equipment Capacity
- Dimension(L*W*H):Based On oill Production Dewaxing Equipment Capacity
- Weight:Based On oill Production Dewaxing Equipment Capacity
- Certification:CE,BV,ISO9001
- After-sales Service Provided:Engineers available to service machinery overseas
- Process Capacity:1-500TPD
- Refining Standard:High Grade Oil
a rise in oil prices increased violence di⁄erentially in the oil region, by in-creasing municipal revenue siphoned through rapacity. This pattern holds in several other agricultural and natural resource sectors, providing robust evidence that price shocks a⁄ect con⁄ict in opposite directions depending on the factor intensity of the commodity.
Oil and Conflict: What Does the
- Usage:Cooking Oil Refining Machinery, Cooking Oil Refining Machinery
- Type:Cold & Hot Pressing Machine, Cooking Oil Refining Machinery
- Automatic Grade:Automatic
- Production Capacity:50TPD Cooking Oil Refining Machinery
- Voltage:380V
- Certification:ISO9001
- After-sales Service Provided:Engineers available to service machinery overseas
- Material:Stainless and Carbonless Steel
- Raw Material:Cooking,Cooking,Seasame,Corn germ,Cooking,etc
- Refining Process:Degumming,Deacidification,Deordorization,Decolorization,Dewaxing,etc
- Oil Standard:1,2,3,4 Level
- Warranty:1 Year
- Service:Engineer Abroad Erection
- Capacity:5-500TPD
ity price shocks on civil war and find no robust relationship between these shocks and civil war, whether the commodities are agricultural commodities, minerals, or energy. Our results suggest that this nonresult is also robust to using out-of-region natural disaster in oil producing nations as an instrument for oil prices.
Essays in Development Economics: On Civil Conflict in Nigeria
The first chapter examines the effect of international oil prices on civil conflict in Nigeria. The analysis uses time variation in global oil prices and cross-sectional variation based on the initial distribution of oil production across Nigerian districts.
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Commodity Price Shocks and Civil Conflict: Evidence
Commodity Price Shocks and Civil Conflict: Evidence from Colombia. This is consistent with the oil shock inducing a rapacity effect. We also show that this pattern holds in six other agricultural and natural resource sectors, providing evidence that price shocks affect conflict in different directions depending on the type of the commodity
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A New Oil Crisis Is Developing In The Middle East
A New Oil Crisis Is Developing In The Middle East By Kent Moors - Oct 19, (the South China Sea crisis), and Africa (ongoing civil conflict in Libya and Nigeria) show how widespread the
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THE IMPACT OF OIL ON NIGERIA’S ECONOMIC POLICY FORMULATION
to GDP rose from 4.8% to 8.2%. This pattern changed when oil suddenly became of strategic importance to the world economy through its supply-price nexus, as shown in Table 1. Table 1 Nigeria: Sectoral Contribution to Gross Domestic Product (GDP) Sector 1960 1970 1980 1990 2000 2002 Agriculture 64.1% 47.6% 30.8% 39.0% 35.7% 28.35%
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The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo.The embargo was targeted at nations perceived as supporting Israel during the Yom Kippur War. The initial nations targeted were Canada, Japan, the Netherlands, the United Kingdom and the United States with the embargo also later extended to Portugal
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Poverty in Nigeria
Nigeria had one of the world's highest economic growth rates, averaging 7.4% according to the Nigeria economic report released in July 2014 by the World Bank.Following the oil price collapse in 2014-2024, combined with negative production shocks, the gross domestic product (GDP) growth rate dropped to 2.7% in 2015.
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US Food Aid and Civil Conflict - Harvard University
VOL. 104 NO. 6 NUNN AND QIAN: US FOOD AID AND CIVIL CONFLICT 1633 To better understand how food aid can affect conflict, we provide several addi-tional results. First, we show that the effect of food aid is more precisely estimated for small-scale civil conflicts with 25 to 999 combat deaths than for large scale civil wars with 1,000 or more
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THE IMPACT OF OIL ON NIGERIA’S ECONOMIC POLICY FORMULATION
to GDP rose from 4.8% to 8.2%. This pattern changed when oil suddenly became of strategic importance to the world economy through its supply-price nexus, as shown in Table 1. Table 1 Nigeria: Sectoral Contribution to Gross Domestic Product (GDP) Sector 1960 1970 1980 1990 2000 2002 Agriculture 64.1% 47.6% 30.8% 39.0% 35.7% 28.35%
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"If U.S. troops go to Africa," G. Pascal Zachary, wrote March 14, 2006, in AlterNet, "it won't be for a humanitarian intervention; it will be to protect American oil interests in the troubled Niger Delta." Nigeria's oil industry is nearly synonymous with violence, as kidnappings and conflict continuously disrupt operations. "Oilmen looking for an alternative to the politically troubled oil
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Financial Development, Manufacturing Sector
Dependence on the oil sector by the Nigerian government has generated a question about economic sustainability. Even though the country experienced substantial growth in the economy before the economic recession in mid of 2024, the growth had not improved unemployment and poverty rate. Therefore, the study investigates the impact of financial development indicators on the manufacturing
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Ogoni people struggle with Shell Oil, Nigeria, 1990-1995
The Ogoni region is a highly oil-rich area in the Niger Delta area of Nigeria, populated by approximately 500,000 members of the Ogoni People. Since the Shell Petroleum Development Company discovered oil in Ogoniland in 1958, the region has been plagued with serious environmental degradation resulting from the over 100 oil wells in the area.
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The effects of oil price shocks on the macroeconomy
There are several reasons why the impact of oil shocks was larger in the 1970s: 1. The real price of oil rose to a higher level in the 1973 and 1979 shocks than in the 1990 and 2000 shocks. Real oil prices (in today’s real dollars) peaked above $43 per barrel in 1974 and to $82 in 1980, relative to $30 in 1990 and to $32 in 2000.
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The "resource curse" in MENA ? political transitions
The "resource curse" in MENA ? political transitions, resource wealth, economic shocks, and conflict risk (English) Abstract. The recent political upheavals in the Middle East and North Africa region have exposed growing concerns about conflict risk, political stability, and reform prospects across its societies.
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War and the Oil Price Cycle | JIA SIPA
Oil has shaped international conflict for decades. According to one estimate, twenty-five to fifty percent of interstate wars between 1973 and 2012 had oil-related linkages. 1 But the cyclical nature of oil’s contribution to global conflict is not well understood. Not only are oil prices cyclical, but the geopolitics of oil are linked inexorably to the same boom and bust price cycle
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OPEC Oil Embargo: Definition, Cause, Effects of 1973 Crisis
A review of the history of oil prices reveals they've never been the same since. The chart below tracks both nominal and inflation-adjusted oil prices since 1946. During the OPEC oil embargo, inflation-adjusted oil prices went up from $25.97 per barrel (bbl) in 1973 to $46.35 per barrel (bbl) in 1974.
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Do Natural Resources Influence Who Comes to Power, and How
Do natural resources impair institutional outcomes? Existing work studies how natural resources influence the behavior of leaders in power. We study how they influence leaders’ rise to power. Our analysis focuses on oil price shocks and local democracy in Colombia, a country mired in civil conflict. We find that when the price of oil rises, legislators affiliated with right-wing paramilitary
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Which countries will feel the pain from the oil price
Oil prices have fallen dramatically in 2024, with dire consequences for some countries. The twin shocks of the novel coronavirus and a Russian-Saudi price war drove Brent crude to a low of about
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Conflict, food price shocks, and food insecurity: The
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Asymmetric oil price shocks, tax revenues, and the
Oil prices are first-differenced to ensure the stationarity of data as in Brückner et al. (2012). Oil price shocks are experienced in 27 oil-producing regions; OPS is positive for eight years and negative for the other three years. The variable for a positive oil price shock, Positive_OPS, equals OPS when OPS is positive
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Concession Stands: How Mining Investments Incite Protest
Commodity Price Shocks and Civil Conflict: Evidence from Colombia. The Review of Economic Studies 80 (4): 1384 –421. Evans, Robin, and Kemp, Deanna. 2011. Community Issues. In SME Mining Engineering Handbook, edited by Peter Darling, 1768 –78. A Closer Look at Oil, Diamonds, and Civil War.
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War and the Oil Price Cycle | JIA SIPA
Oil has shaped international conflict for decades. According to one estimate, twenty-five to fifty percent of interstate wars between 1973 and 2012 had oil-related linkages. 1 But the cyclical nature of oil’s contribution to global conflict is not well understood. Not only are oil prices cyclical, but the geopolitics of oil are linked inexorably to the same boom and bust price cycle
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