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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
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