Garfinkel, Michelle R.; Skaperdas, Stergios; … - In: Journal of International Economics 95 (2015) 1, pp. 98-114
We construct a model of conflict and trade to study the consequences of interstate disputes over contested resources (land, oil, water or other resources) for arming, welfare and trade flows. Different trade regimes imply different costs of such disputes in terms of arming. Depending on world...