Glick, Reuven (contributor); Taylor, Alan M. (contributor) - 2005
Conventional wisdom in economic history suggests that conflict between countries can be
enormously disruptive of economic activity … only
four years, compared to nine years in the latter period. Focusing on the effects of the two World
Wars alone … years, as shown in
Figure 1 (based on the coefficients in column 1 of Table 5).
In practice, what has this meant for the …