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War is costly both because of the resources used up and because of the inefficiency introduced by the higher taxes necessary to finance them. War has been justified by its ability to help an economy achieve full employment. Robert Barro argues that war increases employment because folks work...
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This paper presents a series of topics in international trade theory and how they can be implemented using GAMS. The paper will be updated periodically as new topics are completed.
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War is costly both because of the resources used up and because of the inefficiency introduced by the higher taxes necessary to finance them. War has been justified by its ability to help an economy achieve full employment. Robert Barro argues that war increases employment because folks work...
Persistent link: https://www.econbiz.de/10009225989