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nothing if it loses. We study a model of war with such an asymmetric payoff structure, and private information about military … win the war unless its expected military technology is considerably worse. Our model may thus explain why defending …
Persistent link: https://www.econbiz.de/10010668476
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
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10010757725
Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...
Persistent link: https://www.econbiz.de/10005406417
We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel of OECD countries in 1996-2007. Our instrumental-variable model derives its non-linear first stage from a logistic diffusion model where pre-existing voice-telephony and...
Persistent link: https://www.econbiz.de/10008572478
international conflict. In this paper, we investigate whether this motive is sufficiently important for war to persist in …This paper presents a general equilibrium model of conflict based on a world populated by representative democracies … conflict is va luable to voters, an incumbent leader seeking reelection may be tempted into potentially avoidable conflicts to …
Persistent link: https://www.econbiz.de/10005765879
In this paper we examine a model of terrorism which focuses on the tradeoffs facing a terrorist organization that has the ability to utilize either or both suicide and conventional terrorism tactics. The terrorist organization’s objective is to successfully attack at least one target. Success...
Persistent link: https://www.econbiz.de/10005013950
, we show that substituting the auction contest success function for the lottery contest success function in a conflict may … radicals. Our results demonstrate the importance of the choice of the institutions of conflict, as modeled by the contest …
Persistent link: https://www.econbiz.de/10010547898
We study the role of inter-group differences in the emergence of conflict. In our setting, two groups compete for the …, that the opposition can either accept, or reject and wage conflict. Expropriating a large share of resources increases … of conflict. In equilibrium, allocations are non-monotonic in the cost of mobility. Moreover, limited commitment with …
Persistent link: https://www.econbiz.de/10009416114
as democratic outcomes, borders in a world of rent-seeking Leviathans, and borders as outcomes of conflict and wars …
Persistent link: https://www.econbiz.de/10010554829