Showing 1 - 10 of 7,418
We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset first arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...
Persistent link: https://www.econbiz.de/10014243081
This paper uses a Ricardian model to generate predictions about the influence of institutions on trade in … trade of complex and simple products. The effects of institutions predicted by the model are identified with a three step … estimation procedure. We find that when countries have low quality institutions, institutional reform primarily influences …
Persistent link: https://www.econbiz.de/10014072429
The process of "redefining" capitalism or reinterpreting capitalism ideologies in a modern context can reveal the virtues of classical economics and the ways they can help solve contemporary global problems. In Redefining Capitalism in Global Economic Development, Kui-Wai Li helps us reconsider...
Persistent link: https://www.econbiz.de/10012832354
We use over 250 years of conflict and market integration data to provide the first quantitative evidence that Atlantic … trade contributed to Europe's pacification between 1640 and 1896. While the decline in conflict in Europe during this period … intra-European conflict onset by 14.90 percent from the baseline onset probability of 2.02 percent. We find empirical …
Persistent link: https://www.econbiz.de/10012846086
Persistent link: https://www.econbiz.de/10003454550
from the Rose [2004] dataset, the ITERATE dataset for terrorist events, and datasets of external and internal conflict. We … of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …
Persistent link: https://www.econbiz.de/10011449640
Persistent link: https://www.econbiz.de/10009563029
Die Welt erfährt auch zu Beginn des 21. Jahrhunderts keine Wende in der lang anhaltenden divergenten Entwicklung … der sogenannten Dritten Welt und des ehemaligen Ostblocks zusehends in die ökonomische Bedeutungslosigkeit. Diese … Polarität in der Entwicklung der Weltwirtschaft dokumentiert, dass die von den herrschenden neoklassischen Entwicklungs- und …
Persistent link: https://www.econbiz.de/10002200470
We propose and apply methods to quantify the impact of national institutions on international trade and development. We … are able to identify the direct impact of country-specific institutions on international trade within the structural … gravity framework. Our approach naturally addresses the prominent issue of endogenous institutions. The empirical analysis …
Persistent link: https://www.econbiz.de/10011800710
Korea has achieved remarkable economic development since the 1960s, rising within a single generation from one of the poorest countries in the world to one with an affluent economy supported by world-class industries and large production capacities. This successful development of Korea has been...
Persistent link: https://www.econbiz.de/10012947711