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War! What Is It Good For? A Deep Determinants Analysis of the Cost of Interstate Conflict
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Steven J Yamarik
Veröffentlicht/Copyright:
22. September 2010
Whatever gains may come from fighting wars, economic growth is not among them. We examine the long-run impact of interstate conflict on real GDP per capita for a cross section of countries between 1960 and 2000. We construct a fatality-weighted conflict variable that accounts for both the severity and endogeneity of individual confrontations. We include our conflict measure in a deep determinants income regression in which we control for trade, institutions and geography. We find that a standard deviation increase in fatality-weighted conflict over the period 1960 to 2000 results in an average decrease of about a tenth of a standard deviation in 2000 real GDP per capita.
Keywords: interstate conflict; development
Published Online: 2010-9-22
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Artikel in diesem Heft
- Research Paper
- Costly Interference: A Game Theoretic Analysis of Sanctions
- The Defense-Growth Relationship: An Economic Investigation into Post-Soviet States
- Super-Agents and the Problem of Controlling the Dynamics of Regional Arms Races
- War! What Is It Good For? A Deep Determinants Analysis of the Cost of Interstate Conflict
- External Threats and Military Intervention: The United States and the Caribbean Basin
- A Small Victorious War: Domestic Revolution and International Conflict
- Regime-Transitions in the 2003-2010 Iraq War: An Approach Based on Correlations of Daily Fatalities
- Letter
- International Relative Prices and Civil Wars in Africa: A Note
- Total Economic Consequences of Terrorist Attacks: Insights from 9/11
- Opportunity Costs and the Probability of War in an Incomplete Information Game (With Comments by Lloyd Jeff Dumas)
- A Comment on the Power Law Relation Between Frequency and Severity of Terrorist Attacks
- A Novel Explanation of the Power-Law Form of the Frequency of Severe Terrorist Events: Reply to Saperstein
- List of Referees 2010
