O'Rourke, Kevin H. - 2005
. Britain's control of the seas meant that it was much less affected than other nations, such as France and the United States …. Explicit welfare calculations are provided for four countries, Britain, France, Sweden and the United States. Welfare losses … France, and between 1.7-1.8% per annum in Britain. On the other hand, the conflict helped pave the way for the more liberal …