Showing 1 - 10 of 62
This paper explores the effect of conflict on GDP in Northern Ireland. A synthetic control region constructed as a … weighted average of other UK regions provides an estimate of counterfactual ‘no-conflict’ GDP. Comparing this with actual per … capita GDP suggests a negative impact of up to 10%. Excluding the increased grants provided in response to the conflict, a 15 …
Persistent link: https://www.econbiz.de/10010617209
Since 1995, growth in sub-Saharan Africa has averaged more than 5% per year reversing a two-decade decline of real income per capita. In this paper, we explore the extent to which the nascent growth is sustainable or not due to higher incidences of terrorism and commodity price declines. Our...
Persistent link: https://www.econbiz.de/10010574389
Are natural resources a source of conflict or stability? Empirical studies demonstrate that rents from natural … source of conflict and the rentier state view which emphasizes the role of resource rents in promoting peace and stability … struggle. We demonstrate that the associated increased cost of conflict may in fact promote regime stability. The peaceful …
Persistent link: https://www.econbiz.de/10010574393
In this paper I integrate elements from the bankruptcy literature in a resource contest model. In a contest model, agents fight over a contested resource and their investment in 'guns' determines how much of the resource is secured by each agent. In a bankruptcy problem, agents claim a share of...
Persistent link: https://www.econbiz.de/10010574395
This paper presents a theory of endogenous economic institutions in non-democracies, where political accountability is enforced through the threat of revolution. We consider a dynamic game between an elite ruling class and a disenfranchised working class, in which workers have imperfect...
Persistent link: https://www.econbiz.de/10011209608
The main objective of this paper is to empirically investigate the socio-economic causes of terrorism and political violence in a sample of 12 countries in Western Europe. First, we show that in western European countries the classical economic argument of opportunity cost is confirmed. That is,...
Persistent link: https://www.econbiz.de/10010577677
Drawing on social identity and social impact theory, this paper is the first to investigate the impact of religious preferences on share prices and expected returns at the country level. Using data from 12 European countries, our findings suggest that religion has a significant effect on the...
Persistent link: https://www.econbiz.de/10010719648
This paper investigates the impact of patronage and ideology on voter behavior and election outcomes. Egypt's first free presidential elections represent a good case study to answer the question whether private gain outweighs ideology in voter behavior on a broader level. First, we combine...
Persistent link: https://www.econbiz.de/10011209601
This paper presents a laboratory experiment to investigate how social motivations and free-form communication (Rich Communication) can facilitate coordinated resistance against divide-and-conquer transgressions. In our experiment, a leader first decides whether to extract surplus from a victim...
Persistent link: https://www.econbiz.de/10011209612
This paper has multiple objectives. I set out linkages of a causal model to portray how globalization influences international terrorist strategies. I also point to methodological and theoretical shortcomings in the literature with respect to the levels of disaggregation at which issues are...
Persistent link: https://www.econbiz.de/10010577680