Kostadis J. Papaioannou
London School of Economics and Political Science
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Publication
Featured researches published by Kostadis J. Papaioannou.
Journal of Institutional Economics | 2015
Kostadis J. Papaioannou; Jan Luiten van Zanden
This paper contributes to the growing literature on the links between political regimes and economic development by studying the effects of years in office on economic development. The hypothesis is that dictators who stay in office for a long time period will find it increasingly difficult to carry out sound economic policies. We argue that such economic policies are the result of information asymmetries inherent to dictatorships (known as the ‘dictator dilemma’) and of changes in the personality of dictators (known as the ‘winner effect’). We call the combination of these two terms the ‘dictator effect’. We present evidence to suggest that long years in office impacts on economic growth (which is reduced), inflation (which increases) and the quality of institutions (which deteriorates). The negative effect of long years of tenure (i.e. the ‘dictator effect’) is particularly strong in young states and in Africa and the Near East.
Journal of Development Studies | 2017
Maarten Voors; Peter van der Windt; Kostadis J. Papaioannou; Erwin H. Bulte
Abstract We empirically investigate the role of natural resources, and governance in explaining variation in the intensity of conflict during the 1991–2002 civil war in Sierra Leone. As a proxy for governance quality we exploit exogenous variation in political competition at the level of the chieftaincy. As a proxy for resources we use data on the location of pre-war mining sites. Our main result is that neither governance nor resources robustly explains the onset or duration of violence during the civil war in Sierra Leone.
Archive | 2015
Kostadis J. Papaioannou; Michiel de Haas
A rapidly growing body of research examines how weather variability, anomalies and shocks influence economic and societal outcomes. This study investigates the effects of weather shocks on African smallholder farmers in British colonial Africa and intervenes in the debate on the mediating effect of cash crops on resilience to shocks. We employ a dual research strategy, involving both qualitative and econometric analysis. We analyse original primary evidence retrieved from annual administrative records and construct a panel dataset of 151 districts across West, South-central and East Africa in the Interwar Era (1920-1939). Our findings are twofold. First, we qualitatively expose a range of mechanisms leading from drought and excessive rainfall to harvest failure and social upheaval. We then test the link econometrically and find a robust U-shaped relation between rainfall deviation and social upheaval, proxied by annual imprisonment. Second, we review a long-standing and unsettled debate on the impact of cash crop cultivation on farmers’ resilience to environmental shocks and find that cash crop districts experienced lower levels of social tension and distress in years of extreme rainfall variability.
Social Science Research Network | 2016
Kostadis J. Papaioannou
This study uses rainfall variation as an instrumental variable for padi-rice production to estimate the impact of poverty on different types of crime across British colonies in South and South East Asia (1910-1940). Using original primary sources retrieved from annual administrative and statistical reports, it provides some of the first evidence in a historical setting on the causal relationship between poverty and crime. Extreme rainfall, both droughts & floods, lead to a large increase in property crimes (such as robbery, petty theft and cattle raiding) but not to an increase in interpersonal violent crimes (such as murder, homicides and assault). In line with a growing body of literature on the climate-economy nexus, we offer evidence that loss of agricultural income is one of the main causal channels leading to property crime. Additional historical information on food shortages, poverty and crime is used to explore the connection in greater detail.
Political Geography | 2016
Kostadis J. Papaioannou
European Review of Economic History | 2017
Kostadis J. Papaioannou
The Economics of Peace and Security Journal | 2015
Kostadis J. Papaioannou; Angus Dalrymple-Smith
Archive | 2018
Kostadis J. Papaioannou
World Development | 2017
Kostadis J. Papaioannou; Michiel de Haas
World Development | 2017
Kostadis J. Papaioannou; Michiel de Haas