G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5323
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
URLhttps://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.
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