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Conventional wisdom in economic history suggests that conflict between countries can be enormously disruptive of … study the effects of war on bilateral trade for almost all countries with available data extending back to 1870. Using the …" costs of war, such as lost human capital, as illustrated by case studies of World War I and World War II. …
Persistent link: https://www.econbiz.de/10005504411
Existing theories of pre-emptive war typically predict that the leading country may choose to launch a war on a … was Japan who launched a war against the West in 1941, not the West that pre-emptively attacked Japan. Similarly, many … have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper …
Persistent link: https://www.econbiz.de/10011084262
that trade promotes peace is only partially true even in a model where trade is beneficial to all, war reduces trade and …This paper analyses theoretically and empirically the relationship between trade and war. We show that the intuition … leaders take into account the costs of war. When war can occur because of the presence of asymmetric information, the …
Persistent link: https://www.econbiz.de/10005504509
We establish a theoretical as well as empirical framework to assess the role of resource endowments and their geographic location for inter-State conflict. The main predictions of the theory are that conflict tends to be more likely when at least one country has natural resources; when the...
Persistent link: https://www.econbiz.de/10011083646
We study how norms can solve distributional conflict inside a clan and the efficient coordination of collective action in a conflict with an external enemy. We characterize a fully non-cooperative equilibrium in a finite game in which a self-enforcing norm coordinates the members on efficient...
Persistent link: https://www.econbiz.de/10005656134
.S., we compare this bias between U.S. Cold War (CW) allies to non-CW allies, before and after the CW ended. The results show …
Persistent link: https://www.econbiz.de/10005789167
The paper provides a comparative history of the economic impact of the Revolutionary and Napoleonic Wars. By focussing …
Persistent link: https://www.econbiz.de/10005791845
pronounced effect on history. …
Persistent link: https://www.econbiz.de/10005792207
Contestants have to choose whether to initiate a contest or war, or whether to remain peaceful for another period. We …
Persistent link: https://www.econbiz.de/10005123608
Since the oil crises of the 1970s there has been strong interest in the question of how oil production shortfalls caused by wars and other exogenous political events in OPEC countries affect oil prices, US real GDP growth and US CPI inflation. This study focuses on the modern OPEC period since...
Persistent link: https://www.econbiz.de/10005124344