Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5323 |
DP5323 The Effects of Entry on Incumbent Innovation and Productivity | |
Richard Blundell; Peter Howitt; Philippe Aghion; Rachel Griffith; Susanne Prantl | |
发表日期 | 2005-10-20 |
出版年 | 2005 |
语种 | 英语 |
摘要 | Conventional wisdom in economic history suggests that conflict between countries can be enormously disruptive of economic activity, especially international trade. Yet nothing is known empirically about these effects in large samples. We study the effects of war on bilateral trade for almost all countries with available data extending back to 1870. Using the gravity model, we estimate the contemporaneous and lagged effects of wars on the trade of belligerent nations and neutrals, controlling for other determinants of trade. We find large and persistent impacts of wars on trade, and hence on national and global economic welfare. A rough accounting indicates that such costs might be of the same order of magnitude as the "direct" costs of war, such as lost human capital, as illustrated by case studies of World War I and World War II. |
主题 | International Macroeconomics |
关键词 | Peace Conflict Gravity model World war i World war ii |
URL | https://cepr.org/publications/dp5323 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534138 |
推荐引用方式 GB/T 7714 | Richard Blundell,Peter Howitt,Philippe Aghion,et al. DP5323 The Effects of Entry on Incumbent Innovation and Productivity. 2005. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。