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The Intellectual Spoils of War? Defense R&D, Productivity and International Spillovers

Moretti, Enrico - 2019

In the US and many other OECD countries, expenditures for defense-related R&D represent a key policy channel through which governments shape innovation, and dwarf all other public subsidies for innovation. We examine the impact of government funding for R&D - and defense-related R&D in...

Persistent link: https://www.econbiz.de/10012858206

(Trade) War and Peace : How to Impose International Trade Sanctions

de Souza, Gustavo Henrique Bianco; Li, Haishi; Mei, Yuan; … - 2023

Trade sanctions are a common instrument of diplomatic retaliation. To guide current and future policy, we ask: What is the most cost-efficient way to impose trade sanctions against Russia? We build a quantitative model of international trade with input-output connections. Sanctioning countries...

Persistent link: https://www.econbiz.de/10014348044

Dissonance Minimization and Conversation in Social Networks

Anufriev, Mikhail; Borissov, Kirill; Pakhnin, Mikhail - 2021

We study a model of social learning in networks where the dynamics of beliefs are driven by conversations of dissonance-minimizing agents. Given their current beliefs, agents make statements, tune them to the statements of their associates, and then revise their beliefs. We characterize the...

Persistent link: https://www.econbiz.de/10013312848

Conversations

Köster, Mats; Voss, Paul - 2023

We develop a theory of conversations. Two agents with different interests take turns choosing the topic of the conversation. Talking about a single topic allows them to delve deeper, making the conversation more informative (or enjoyable). To capture this dynamic, we assume that the marginal...

Persistent link: https://www.econbiz.de/10014260995

Mining for Peace

Hodler, Roland; Schaudt, Paul; Vesperoni, Alberto - 2023

The energy transition increases the demand for minerals from ethnically diverse, conflict-prone developing countries. We study whether and where mining is possible in such countries without raising the risk of civil conflict. We proceed in three steps: First, we propose a theoretical model to...

Persistent link: https://www.econbiz.de/10014262694

National borders, conflict and peace

Spolaore, Enrico - 2009

This paper reviews the economics approach to conflict and national borders. The paper (a) provides a summary of ideas and concepts from the economics literature on the size of nations; (b) illustrates them within a simple analytical framework where populations fight over borders and resources,...

Persistent link: https://www.econbiz.de/10010276759

Military Spending and Innovation : Learning from 19th Century World Fair Exhibition Data

Danzer, Alexander M.; Danzer, Natalia; Feuerbaum, Carsten - 2023

is associated with national innovation towards war logistics such as food processing, but less towards war technology … such as guns. This pattern reflects differences in the historical markets for war supplies. European patent data of 1990 …

Persistent link: https://www.econbiz.de/10014358399

The Effects of International Sanctions on Military Spending of Iran : A Synthetic Control Analysis

Farzanegan, Mohammad Reza - 2019

We use the synthetic control method to estimate the effect of international banking and energy sanctions from 2012 to 2015 on military spending of Iran. We create a synthetic control group that mimics the socioeconomic characteristics of Iran before the international sanctions of 2012. We then...

Persistent link: https://www.econbiz.de/10012859051

Sustainable Stocks and the Russian War on Ukraine - an Event Study in Europe

Kick, Andreas; Rottmann, Horst - 2022

The popularity of sustainable investments is unbroken and attracts investors and researchers alike. Modelling the properties of such ‘green’ firms, Pástor, Stambaugh, and Taylor 2021 consider a hedge against climate risks in their theoretical model. Likewise, it could be assumed that...

Persistent link: https://www.econbiz.de/10014082162

Years of Life Lost to Revolution and War in Iran

Farzanegan, Mohammad Reza - 2021

This study examines the causal joint effect of a new political regime and war against Iraq on life expectancy of … Iranians for the period 1978–1988 during the revolution and war. I use a synthetic control approach to construct a synthetic … evolution of the factual Iranian life expectancy during the post-revolution period through the end of the war. I find a sizable …

Persistent link: https://www.econbiz.de/10013228858