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of the world. Since the late 1950s, its growth performance has been outstanding. Poverty incidence has declined …
Persistent link: https://www.econbiz.de/10010333039
Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after … conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset …. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …
Persistent link: https://www.econbiz.de/10012252077
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 …
Persistent link: https://www.econbiz.de/10010276090
distribution to economic growth. …
Persistent link: https://www.econbiz.de/10011753150
Growth rates of per capita GDP are depressed by civil conflict to a degree that reflects its severity. Only the more … least one year - have a significant negative growth effect. Post-conflict recovery of output is enhanced by aid flows but …
Persistent link: https://www.econbiz.de/10010288486
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heterogeneity on economic outcomes. The results confirm the generally found growth-reducing effect of ethnic heterogeneity but also …
Persistent link: https://www.econbiz.de/10011421911
Persistent link: https://www.econbiz.de/10011349463