Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/49476 
Year of Publication: 
2011
Series/Report no.: 
CESifo Working Paper No. 3544
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a significant deterioration of democratic institutions and a significant increase in the incidence of anti-government demonstrations, riots, and civil conflict. In the High Income Countries variations in the international food prices have no significant effects on democratic institutions and measures of intra-state conflict. Our empirical results point to a significant externality of variations in international food prices on Low Income Countries' social and political stability.
Subjects: 
food prices
conflict
political institutions
JEL: 
O00
P00
Q00
Document Type: 
Working Paper
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