A nonlinear dynamic model is presented that reconciles balance-of-power and preponderance-of-power theories of international conflict in terms of the interaction of economic and political constraints. It is shown that the apparent paradox and complexity of conflict trajectories arise as much...

In this paper, we construct a Bayesian vector autoregressive model to forecast the industrial employment figures of the Southern California economy. The model includes both national and state variables. The root mean squared error (RMSE) and the Theil's U statistics are used in selecting the...