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

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  • Mario Arturo Ruiz Estrada
  • Donghyun Park
  • Jung Suk Kim

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.

Suggested Citation

  • Mario Arturo Ruiz Estrada & Donghyun Park & Jung Suk Kim, 2018. "The evaluation of a possible future Sino-Japanese armed conflict through the application of the ACEI-model," Defence and Peace Economics, Taylor & Francis Journals, vol. 29(5), pages 541-556, July.
    • Handle: RePEc:taf:defpea:v:29:y:2018:i:5:p:541-556
    DOI: 10.1080/10242694.2016.1200219
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    Cited by:

    1. Yang, Qi-Cheng & Zheng, Mingbo & Wang, Jun-Sheng & Wang, Yun-Peng, 2022. "The shocks of armed conflicts to renewable energy finance: Empirical evidence from cross-country data," Energy Economics, Elsevier, vol. 112(C).

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