Gennaioli, Nicola; Voth, Hans-Joachim - C.E.P.R. Discussion Papers - 2011
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 …