Showing 1 - 10 of 7,432
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
This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries, virtual countries and ethnic groups, exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically larger along the pre-Islamic trade...
Persistent link: https://www.econbiz.de/10011737871
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