Citation

Estrada MAR, Park D, Kim JS. Def. Peace Econ. 2018; 29(5): 541-556.

Copyright

(Copyright © 2018, Informa - Taylor and Francis Group)

DOI

10.1080/10242694.2016.1200219

PMID

unavailable

Abstract

There is relatively little formal modeling of the economic effects of armed conflicts even though they have substantial economic effects. We set forth a new model, namely the armed conflict economic impact model - ACEI-Model. The model looks at the economic effects of war in three different stages: (i) pre-conflict stage; (ii) armed conflict stage; and (iii) post-conflict stage. The model is based on economic desgrowth (-δ) and other new conceptual indicators. We evaluate an imaginary armed conflict between China and Japan by applying the ACEI-Model.

Language: en