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have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper …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 …
Persistent link: https://www.econbiz.de/10011084262
This paper analyses theoretically and empirically the relationship between trade and war. We show that the intuition … that trade promotes peace is only partially true even in a model where trade is beneficial to all, war reduces trade and … 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
ict forged a world economy in which neither tastes nor information are homogeneously distributed. Cultural difference and …
Persistent link: https://www.econbiz.de/10011145400
World War I. Some, like the three Scandinavian economies, used industrialization to achieve a spectacular convergence on the … globalization was by far the dominant force accounting for convergence (and divergence) around the periphery. Some exploited it well …
Persistent link: https://www.econbiz.de/10005124320
There are two contrasting views of pre-19th century trade and globalization. First there are the world history scholars … important events in recorded history. Second, there is the view that the world economy was still fragmented before the 19th … like Andre Gunder Frank who attach globalization ‘big bang' significance to the dates 1492 (Christopher Columbus stumbles …
Persistent link: https://www.econbiz.de/10005661898
the context of globalization. Central to this view is the role of agglomeration in productivity performance; size and …
Persistent link: https://www.econbiz.de/10005667029
states and growing divergence between European powers. In our model, the impact of war on the European state system depends … on: i) the importance of money for determining the war outcome (which stands for the cost of war), and ii) a country … of war. Initially, this caused more internally cohesive states to invest more in state capacity, while other (more …
Persistent link: https://www.econbiz.de/10009385769
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
.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 … on the relative price evidence, it is possible to show that the conflict had major economic effects around the world …
Persistent link: https://www.econbiz.de/10005791845