From war to economic recovery: Peace as a public good in Angola
Manuel Ennes Ferreira and
Carlos Barros
Defence and Peace Economics, 1998, vol. 9, issue 3, 283-297
Abstract:
After twenty years of civil war in Angola, and following the country's devastation, transition to a market economy and democracy has finally begun. The end of the war has prompted individual expectations of a real income rise. Within this context, the paper sets out to analyse the willingness of civil servants to help pay (wtp) for consolidation of a public good - peace - in Angola and to calculate the extent to which they are willing to accept (wta) government compensation should it fail to assure this public good. The model used is based on a subjective expected utility function and the sample is taken from high-ranking public administration staff. Results obtained permit one to determine and to interpret wtp and wta by age, sex, hierarchical position, income and number of military conscripts per family.
Keywords: Angola; Military expenditures; Peace as a public good; CVM questionnaire; Willingness to pay; Willingness to accept (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (5)
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DOI: 10.1080/10430719808404904
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