IDEAS home Printed from https://ideas.repec.org/a/taf/defpea/v32y2021i4p403-426.html
   My bibliography  Save this article

Estimating the Global Economic Cost of Violence: Methodology Improvement and Estimate Updates

Author

Listed:
  • Mohib Iqbal
  • Harrison Bardwell
  • David Hammond

Abstract

This paper presents significant methodological improvements on Estimating the Global Costs of Violence. It also presents updated estimates of the global economic impact of violence at $14.8 trillion in 2017. This is equivalent to 12.4 per cent of global GDP or $1,988 per person. In the analysis, 163 countries are examined accounting for 99.5 per cent of the global population. The estimate is comprised of three domains which aggregate to yield a global estimate of the economic impact of violence. These three domains are the costs of interpersonal violence, the costs of collective violence and the expenditures on violence containment. A model of the economic cost of violence is established using a bottom-up accounting approach. This model follows the methodology of the 2018 Global Peace Index (GPI).

Suggested Citation

  • Mohib Iqbal & Harrison Bardwell & David Hammond, 2021. "Estimating the Global Economic Cost of Violence: Methodology Improvement and Estimate Updates," Defence and Peace Economics, Taylor & Francis Journals, vol. 32(4), pages 403-426, May.
    • Handle: RePEc:taf:defpea:v:32:y:2021:i:4:p:403-426
    DOI: 10.1080/10242694.2019.1689485
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10242694.2019.1689485
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10242694.2019.1689485?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Małgorzata Dudzińska & Marta Gross & Agnieszka Dawidowicz & Ada Wolny-Kucińska, 2023. "The Influence of Changing Socioeconomic Conditions in Europe on the Prioritisation of Risks in Travel Behaviour: A Case Study," Sustainability, MDPI, vol. 15(23), pages 1-24, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:defpea:v:32:y:2021:i:4:p:403-426. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/GDPE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.