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The paper investigates how war and the war-related government policies affected economic activity of the separatist-controlled areas of Ukraine. Using the unexpected outcome of the territorial expansion of the separatists in Ukraine, the paper estimates the impact of two events on the...
Persistent link: https://www.econbiz.de/10012836617
Conflict between national antitrust or competition laws is likely to increase with the increase in global integration. In this paper we develop a two-country, three-firm model to analyze the possibilities of conflict between national antitrust authorities, using the welfare criteria. We show...
Persistent link: https://www.econbiz.de/10012725501
At least since 1750 when Baron de Montesquieu declared peace is the natural effect of trade, a number of economists and … political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to produce one … democratic peace that democracies rarely fight each other. The paper then goes on to examine further extensions of the trade …
Persistent link: https://www.econbiz.de/10012779807
We review the main economic models of war and conflict. These models vary in details, but their implications are qualitatively consistent, highlighting key commonalities across a variety of conflict settings. Recent empirical literature, employing both laboratory and field data, in many cases...
Persistent link: https://www.econbiz.de/10012951635
In administrating the 2016 federal budget, a single adjustment was made in November. Under the Law on the 2016 Federal Budget, allocations on the “National Defense” section of the budget expenditures were initially set at RUB 3,149 trillion, or RUB 32bn (1%) less than actual expenditures a...
Persistent link: https://www.econbiz.de/10012952642
Persistent link: https://www.econbiz.de/10012952643
After Myanmar ended military rule in 2011, significant foreign investment arrived to facilitate a profitable transition to an integrated regional economy, and under the promise that foreign actors can help facilitate peaceful long-term development. However, these firms have also tacitly...
Persistent link: https://www.econbiz.de/10012962006
We examine the impact of terrorism on social capital by exploiting variation in the 2014 European Social Survey administration dates coupled with the 2015 Charlie Hebdo attack in Paris, France. Using the difference-in-differences estimator, we find that the attack had a positive, causal impact...
Persistent link: https://www.econbiz.de/10012900972
In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy choices generate external economic and political costs, foreign state and non-state actors have an interest in inflencing policy actions in other sovereign countries to their...
Persistent link: https://www.econbiz.de/10012889683
We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one’s incentive to arm given the opponent’s...
Persistent link: https://www.econbiz.de/10012892081