Impact of War on Country per Capita GDP: A Descriptive Analysis
-
Daria Sevastianova
Daria SevastianovaSearch for this author in:
This paper provides evidence of the impact of intra- and interstate wars on country income. War data for 1970-2000 are obtained from the Correlates of War project and merged with national income data from the Penn World Table 6.1 and World Bank demographic data for 90 countries. The results show that no straightforward relationship exists between war and economic well-being, since war need not decrease GDP, and might in fact raise it. Civil war is found to generally reduce income (as in examples of Angola, Chad, or Congo), but in India war actually raised income. The effect of international war on the economy is more ambiguous: in Egypt, Iran, and Uganda, GDP per capita decreased during war time, but in Israel, Syria, and China, GDP per capita actually grew during war. The study also finds that negative effects of wars are stronger in the short run, and that low-growth countries engage in civil war, while high-growth countries fight international wars.
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
Articles in the same Issue
- Research Paper
- Labor Market Conditions, Political Events, and Palestinian Suicide Bombings
- Politics of Defence Spending and Endogenous Inequality
- Atoms for Peace, Redux: Energy Codependency for Sustained Cooperation on the Korean Peninsula
- Beyond Moral Hazard: The Effect of Firm-Level Compensation Strategies on Economic Conflict
- Warfare, Civil Conflict and the Spatial Impacts on Domestic Investment: Evidence from South America, 1950-2000
- Impact of War on Country per Capita GDP: A Descriptive Analysis
- Letter
- Introducing the New Concept of National Power: From the Network Perspective
- A Note on Second Order Probabilities in the Traditional Deterrence Game
- List of Referees/Reviewers 2009
Articles in the same Issue
- Research Paper
- Labor Market Conditions, Political Events, and Palestinian Suicide Bombings
- Politics of Defence Spending and Endogenous Inequality
- Atoms for Peace, Redux: Energy Codependency for Sustained Cooperation on the Korean Peninsula
- Beyond Moral Hazard: The Effect of Firm-Level Compensation Strategies on Economic Conflict
- Warfare, Civil Conflict and the Spatial Impacts on Domestic Investment: Evidence from South America, 1950-2000
- Impact of War on Country per Capita GDP: A Descriptive Analysis
- Letter
- Introducing the New Concept of National Power: From the Network Perspective
- A Note on Second Order Probabilities in the Traditional Deterrence Game
- List of Referees/Reviewers 2009
