Showing 1 - 10 of 3,182
This paper provides a formal model of endogenous country formation and of choice of defense spending in a world with … international conflict. The model is consistent with three observations. First, secessions and, more generally, break-up of … countries should follow a reduction in the likelihood of international conflict. Second, the number of regional conflicts …
Persistent link: https://www.econbiz.de/10013218413
food-producing areas, higher food prices reduce conflict over the control of territory (what we call "factor conflict") and … increase conflict over the appropriation of surplus ("output conflict"). We argue that this difference arises because higher … factor conflict and output conflict. We validate local-level findings on output conflict using geocoded survey data on …
Persistent link: https://www.econbiz.de/10012965423
the theory in a lab experiment where two subjects negotiate how to share a resource; in case of conflict, the subjects … they translate into significant increases in conflict …
Persistent link: https://www.econbiz.de/10014090443
Using a general equilibrium heterogeneous agent model featuring health production, we quantify the relative … contribution of price distortions in the health market, TFP and other health risks in explaining cross-country differences in … health expenditure (as a share of GDP) and health status. Estimated parameters reveal a substantial price wedge that explains …
Persistent link: https://www.econbiz.de/10013224350
Despite the major advances in information technology that have shaped the recent wave of globalization, openness to trade is still a political choice, and trade policy can change with shifts in domestic political equilibria. This paper suggests that a particular threat and a limiting factor to...
Persistent link: https://www.econbiz.de/10013148385
We consider public debt from a long-term historical perspective, showing how the purposes for which governments borrow have evolved over time. Periods when debt-to-GDP ratios rose explosively as a result of wars, depressions and financial crises also have a long history. Many of these episodes...
Persistent link: https://www.econbiz.de/10012893976
This paper clarifies one of the puzzling results of the economic growth literature: the impact of military expenditure is frequently found to be non-significant or negative, yet most countries spend a large fraction of their GDP on defense and the military. We start by empirical evaluation of...
Persistent link: https://www.econbiz.de/10013233439
We collect data on the rules and practices of financial and conflict disclosure by politicians in 175 countries …
Persistent link: https://www.econbiz.de/10013243647
Regulation of economic activity is ubiquitous around the world, yet standard theories predict it should be rather …
Persistent link: https://www.econbiz.de/10013148865
budget, health spending was hit particularly hard, declining by more than one third in just five years. This paper has two … goals: establish the facts about health inputs, outputs and outcomes during the Greek crisis, and explore the connection … between budget cuts and health outcomes. Health spending and inputs were very high in Greece before the crisis: in several …
Persistent link: https://www.econbiz.de/10012912530