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An important component of the long run cost of a war is the loss of human capital suffered by school age children who … receive less education because of the war. We show that Austrian and German individuals who were ten years old during or … individuals born in the same cohorts but living in Switzerland and Sweden, which were countries not directly involved in the war …
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With more than ten thousand casualties, the 2014 Ukrainian war between pro-Russian separatists and the government in … the period 1995-2017, this paper quantifies the short-term causal effects of the Donbass war on Ukraine's GDP. Results … war amounts to 15.1% on average for 2013-2017. Separate analysis for the affected provinces of Donetsk and Luhansk …
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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...
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