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Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after … conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset …. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …
Persistent link: https://www.econbiz.de/10012252077
I use a monthly panel of provincially-collected central government revenues and conflict fatalities to estimate … government revenues lost due to conflict in Afghanistan since 2005. I identify causal effects by instrumenting for conflict using … measurement error in equal share. The findings underscore the considerable economic loss due to conflict, and the importance of …
Persistent link: https://www.econbiz.de/10011932218
conflict affect the welfare of these contestants and the allocation of resources to conflict. It is shown that weak sanctions …
Persistent link: https://www.econbiz.de/10014399984
Persistent link: https://www.econbiz.de/10009486242
Do growth spells in Africa end because of bad realizations of the same factors that influence growth spells in the rest … spells in Africa and the rest of the world using Bayesian Mode Averaging techniques for proportional hazards models. We …
Persistent link: https://www.econbiz.de/10009622458
Persistent link: https://www.econbiz.de/10010389564
Fragile states in sub-Saharan Africa (SSA) face challenges to respond to the effects of climate shocks and rising …
Persistent link: https://www.econbiz.de/10013169919
corporate bond markets in Africa. It then applies an econometric model to analyze the key determinants of African government …
Persistent link: https://www.econbiz.de/10012670991
Africa and its major Regional Economic Communities (RECs). The results of the instrumental variable and panel fixed …-effects estimation show that RTI promotes economic growth in Africa. However, it fosters income divergence, reflecting the distribution …
Persistent link: https://www.econbiz.de/10012517925
social mobility in Africa …
Persistent link: https://www.econbiz.de/10012605120