December 2017

Natural resources and civil conflicts: Policy analysis under general equilibrium

In this paper, a two-period general equilibrium model on the relationship between natural resources and civil conflict has been developed. Unlike existing literature, both resource extraction and wage rate are considered as endogenous during the conflict. The main purpose of the paper is to examine policy options for international community to limit the conflict intensity. It has been found out that a current...

Author(s): Md. Didarul Hasan and Sajal Lahiri