Showing 1 - 10 of 22
Sales of arms are a significant component of international trade and raise a range of pressing policy issues. After a short review of the market, this paper provides a formal model of the trade which allows for competing, forward-looking suppliers whose welfare depends on both the economic...
Persistent link: https://www.econbiz.de/10005661900
We use new data to examine the effects of giant oilfield discoveries around the world since 1946. On average, these discoveries increase per capita oil production and oil exports by up to 50 percent. But these giant oilfield discoveries also have a dark side: they increase the incidence of...
Persistent link: https://www.econbiz.de/10009351523
This Paper establishes and explores the implications of a somewhat surprising empirical finding. Although civil war … abundance of public goods such as physical infrastructure. Civil war destroys public goods, and therefore damages … not of course be read as implying that poorer countries need less support to avoid civil war and to cope with its …
Persistent link: https://www.econbiz.de/10005123856
Natural and agricultural resources for which there is a substantial black market, such as coca, opium, and diamonds, appear especially likely to be exploited by the parties to a civil conflict. On the other hand, these resources may also provide one of the few reliable sources of income in the...
Persistent link: https://www.econbiz.de/10005124245
This paper analyzes empirically the relationship between civil wars and international trade. We first show that trade destruction due to civil wars is very large and persistent and increases with the severity of the conflict. We then test the presence of two effects that trade can have on the...
Persistent link: https://www.econbiz.de/10005124456
This Paper studies the relationship between civil war and private investment in a poor, resource abundant country using …
Persistent link: https://www.econbiz.de/10005067422
time, transmitting them to the next generation. The theory bears a set of testable predictions. First, war is a stochastic … breakdown of trust, plunging a society into a vicious cycle of recurrent conflicts (a war trap). The incidence of conflict can …
Persistent link: https://www.econbiz.de/10009003383
. Also, they are context dependent. Ethnicity in particular plays a key role in the spread of civil war. Only ethnic civil … countries are more or less susceptible to spillovers. Ethnic links to a neighbor at ethnic civil war increase the probability of … an outbreak of ethnic civil war at home by 6 percentage points. …
Persistent link: https://www.econbiz.de/10008684678
cost theories of war. …
Persistent link: https://www.econbiz.de/10011083429
on the likelihood of civil war? Our approach to answering these questions exploits that international commodity prices … war more likely in non-democracies. This effect is significantly weaker in democracies. So much so, that we do not find a … link between growth and civil war in countries with democratic institutions. Our results therefore point to an interaction …
Persistent link: https://www.econbiz.de/10005789158