A SURVEY OF THE GLOBAL ECONOMIC COSTS OF CONFLICT

Carlos Bozzoli, Tilman Brück and Simon Sottsas

Defence and Peace Economics, 2010, vol. 21, issue 2, 165-176

Abstract: This paper defines the global economic costs of conflict and suggests two key criteria, namely comprehensiveness and consistency, which are necessary for a valid calculation of such costs. A critical review of the literature reveals that most studies focus on national income losses, using counterfactual regression models, finding a negative impact on growth both for conflict countries themselves and for their neighbors. However, the debate is quite fragmented and the literature fails to combine these insights in a comprehensive and consistent manner. Furthermore, there is little work thus far on integrating aggregate and micro-level estimates of the costs of conflict.

Keywords: War; Conflict; Costs; Growth; Methodology; Survey (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (20)

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DOI: 10.1080/10242690903568934

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