product description page

Economic Analysis of Conflicts : With an Application to the Greek Civil War 1946-1949 (Hardcover) (Nicos

Economic Analysis of Conflicts : With an Application to the Greek Civil War 1946-1949 (Hardcover) (Nicos - image 1 of 1

about this item

This book provides a quantitative framework for the analysis of conflict dynamics and for estimating the economic costs associated with civil wars. The author develops modified Lotka-Volterra equations to model conflict dynamics, to yield realistic representations of battle processes, and to allow us to assess prolonged conflict traps. The economic costs of civil wars are evaluated with the help of two alternative methods: Firstly, the author employs a production function to determine how the destruction of human and physical capital stocks undermines economic growth in the medium term. Secondly, he develops a synthetic control approach, where the cost is obtained as the divergence of actual economic activity from a hypothetical path in the absence of civil war. The difference between the two approaches gives an indication of the adverse externalities impinging upon the economy in the form of institutional destruction. By using detailed time-series regarding battle casualties, local socio-economic indicators, and capital stock destruction during the Greek Civil War (1946-1949), a full-scale application of the above framework is presented and discussed.

Genre: Business + Money Management, History
Format: Hardcover
Publisher: Springer Verlag
Author: Nicos Christodoulakis
Language: English
Street Date: August 9, 2016
TCIN: 51553213
UPC: 9783319322605
Item Number (DPCI): 248-24-3340

guest reviews

Prices, promotions, styles and availability may vary by store & online. See our price match guarantee. See how a store is chosen for you.