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To examine the effect of free trade between two potential political rivals on their respective accumulation of weapons, the authors use a model in which utility maximization, the economics of trade and comparative advantage, production of weapons and consumption goods, depreciation of weapons...
Persistent link: https://www.econbiz.de/10010827414
Focusing on an initial and potentially expandable four-variable model combining leading sector innovation, leading sector concentration, naval capability concentration, and military preparation for warfare, a vector autoregression analysis of U.S. data for the 1801-1992 period reveals a...
Persistent link: https://www.econbiz.de/10010827432
The distribution of wealth in the world is manifested by the polarization of a rich North and a poor South. Is the North-South conflict increasing or decreasing, and does it depend on such variables as major power conflict, intra-Northern conflict, and world prosperity, as some schools of...
Persistent link: https://www.econbiz.de/10010801554
The economic literature on conflict employs a static, game-theoretic framework developed by Jack Hirshleifer. The authors introduce conflict dynamics into a model with two rival groups, each dependent on a single contested renewable resource. The model is based on two stylized facts: conflict...
Persistent link: https://www.econbiz.de/10010801723