Showing 1 - 7 of 7
I critically review recent studies that estimate those costs of violence and conflict that can emerge among organized … of organized conflict and violence are aggregated. …
Persistent link: https://www.econbiz.de/10005013055
In many instances of potential violent or non-violent conflict the future strategic positions of adversaries are very … different when there is open conflict than when there is settlement. In such environments we show that, as the future becomes … more important, open conflict becomes more likely than settlement. We demonstrate the theoretical robustness of this …
Persistent link: https://www.econbiz.de/10008533978
can reverse a country’s apparent comparative advantage relative to its comparative advantage in the absence of conflict …. And, where such conflict is present, comparisons of autarkic prices to world prices could be inaccurate predictors of …
Persistent link: https://www.econbiz.de/10004979423
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
I consider a model in which an asset owner must decide how much to invest in his asset mindful of the fact that an encroacher’s valuation of the asset is increasing in the asset owner’s investment. Due to incomplete property rights, the encroacher and asset owner engage in a contest over the...
Persistent link: https://www.econbiz.de/10005013039
We examine how socio-political conflict in Bolivia has affected its economic performance since the 1970s. Such conflict … includes strikes, demonstrations, road blockades, and conventional rent-seeking. Since conflict has costs, it diverts resources … characteristics of conflict in Bolivia using a unique data set. We then provide estimates of the direct costs of conflict and examine …
Persistent link: https://www.econbiz.de/10005405932
Institutions that serve the interests of an elite are often cited as an important reason for poor economic performance. This paper builds a model of institutions that allocate resources and power to maximize the payoff of an elite, but where any group that exerts sufficient fighting effort can...
Persistent link: https://www.econbiz.de/10010746446