’ persistent characteristics, such as their institutions. Among our findings are that macroeconomic policies affect development …

open civil conflict against the government. Our model implies that terrorism emerges if constraints on the ruling executive … group are intermediate and rents are sizeable, whereas conflict looms under poor executive constraints. Analyzing annual … when considering the incidence and onset of terrorism and conflict. The corresponding magnitudes are economically sizeable …

In many instances of potential violent or non-violent conflict the future strategic positions of adversaries are very … different when there is open conflict than when there is settlement. In such environments we show that, as the future becomes … more important, open conflict becomes more likely than settlement. We demonstrate the theoretical robustness of this …

creates continuous and dichotomous indices. We use the SVM indices to investigate the effect of democratic institutions on …

of the impact of conflict point to negative gross domestic product (GDP) growth of -12 percent on average over 2011 …-18, resulting in a GDP contraction to about one-third of the 2010 level. In post-conflict simulation scenarios, the growth drivers … stable resolution of the conflict is achieved …

. Our results hold true when using indicators capturing the quality of economic institutions in lieu of indicators of … political institutions …

spatial inequality, national economic performance, and the incidence of armed conflict. By providing a theoretical rent …