Showing 41 - 50 of 210
This paper investigates the determinants of the different forms taken by regional integration in different parts of the world. This raises the issue of the relationship between economic and political integration. The theoretical model shows that, in an insecure world, the interplays between...
Persistent link: https://www.econbiz.de/10005766121
dataset for terrorist events, and datasets of external and internal conflict. We explore these data with cross-sectional and … that associated with either external wars or internal conflict. As well, terrorism is associated with a redirection of …
Persistent link: https://www.econbiz.de/10005766317
. Extensions are considered, in particular controllability. A further application is then proposed, namely to hypergraph conflict … analysis, in particular conflict resolution. Many decisional conflicts at the spatial level can be axiomatised in this form; it …
Persistent link: https://www.econbiz.de/10005181604
only the material, economic welfare costs of conflict stemming from the altered path of consumption resulting from conflict …-peaceful world. But how much would individual be willing to pay to avoid just the economic costs of conflict? Remarkably, even these … pure economic welfare losses from conflict are quite large. I find that, on average, individuals who live in a country that …
Persistent link: https://www.econbiz.de/10005416494
We examine how globalization affects trade patterns and welfare when conflict prevails domestically. We do so in a …”). Thus, conflict is viewed as ultimately stemming from imperfect property-rights enforcement. When comparing autarky with … conflict. We find that importers of the contested resource gain unambiguously. By contrast, countries exporting the contested …
Persistent link: https://www.econbiz.de/10005196293
by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single-stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10005196321
from the Rose [2004] dataset, the ITERATE dataset for terrorist events, and datasets of external and internal conflict. We … of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …
Persistent link: https://www.econbiz.de/10005094182
This paper develops a model for dynamic binary choice panel data that allows for unobserved heterogeneity to be arbitrarily correlated with covariates. The model is of the exponential type. We derive moment conditions that enable us to eliminate the unobserved heterogeneity term and at the same...
Persistent link: https://www.econbiz.de/10010598909
We use the Kalman filter to estimate the structure of the secret currency basket of the renminbi based on daily data between 2005 and 2009. The currency weights of selected currencies are modeled as stochastic processes (random walks). The official announcement of the new exchange rate regime in...
Persistent link: https://www.econbiz.de/10008511600
We propose autocorrelation-robust asymptotic variances of the Brier score and Brier skill score, which are generally applicable in circumstances with weak serial correlation. An empirical application in macroeconomics underscores the importance of taking care of serial correlation. We find that...
Persistent link: https://www.econbiz.de/10011242158