only the material, economic welfare costs of conflict stemming from the altered path of consumption resulting from conflict …-peaceful world. But how much would individual be willing to pay to avoid just the economic costs of conflict? Remarkably, even these … pure economic welfare losses from conflict are quite large. I find that, on average, individuals who live in a country that …

dataset for terrorist events, and datasets of external and internal conflict. We explore these data with cross-sectional and … panel growth regression analysis and a structural VAR model. We find that, on average, the incidence of terrorism may have … an economically significant negative effect on growth, albeit one that is considerably smaller and less persistent than …

countries, the financial openness policy in the Non-GCC countries have reduced the benefits of FDI on growth, this finding is … of institutions. These results are confirmed with both annual data and five year average data. …

This study articulates the interaction between institutional governance, education and economic growth. Given the … analyze the main mechanisms by which the macroeconomic impact of education on growth (and economic development) occurs. Our … growth. The first channel highlights direct positive effect of educational quality on the incentive to accumulate human …