Showing 1 - 6 of 6
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
outside enemy, ‘brothers in arms’ may already anticipate future internal conflict about dividing the spoils of winning …; however, this subsequent internal conflict does not discourage alliance members from expending much effort in the contest …
Persistent link: https://www.econbiz.de/10008833917
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
by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single-stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10005196321
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10009651184
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10009645638