The evaluation of a possible future Sino-Japanese armed conflict through the application of the ACEI-model

Mario Ruiz Estrada, Donghyun Park and Jung Suk Kim

Defence and Peace Economics, 2018, vol. 29, issue 5, 541-556

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.

Date: 2018
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DOI: 10.1080/10242694.2016.1200219

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