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An Economic Analysis of Conflicts

With an Application to the Greek Civil War 1946-1949

Authors: Christodoulakis, Nicos

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  • Develops alternative methods for estimating the economic costs of civil conflicts
  • Extends the Lotka-Volterra models to realistically represent civil conflicts
  • Applies the framework to the case of the Greek Civil War (1946-1949) by using detailed conflict data
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eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-319-32261-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA in USD
  • ISBN 978-3-319-32260-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $139.99
price for USA in USD
  • ISBN 978-3-319-81236-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book provides a quantitative framework for the analysis of conflict dynamics and for estimating the economic costs associated with civil wars. The author develops modified Lotka-Volterra equations to model conflict dynamics, to yield realistic representations of battle processes, and to allow us to assess prolonged conflict traps. The economic costs of civil wars are evaluated with the help of two alternative methods: Firstly, the author employs a production function to determine how the destruction of human and physical capital stocks undermines economic growth in the medium term. Secondly, he develops a synthetic control approach, where the cost is obtained as the divergence of actual economic activity from a hypothetical path in the absence of civil war. The difference between the two approaches gives an indication of the adverse externalities impinging upon the economy in the form of institutional destruction. By using detailed time-series regarding battle casualties, local socio-economic indicators, and capital stock destruction during the Greek Civil War (1946-1949), a full-scale application of the above framework is presented and discussed.

About the authors

Nicos Christodoulakis, is Professor of Economic Analysis at the Athens University of Economics and Business (AUEB) and Research Associate with the Hellenic Observatory at the London School of Economics. In 2002-2003, he was Minister of Finance in Greece and acting Chairman of the Eurogroup. He has written extensively on growth and economic policy - and on the Greek and the Eurozone crisis in particular. His last book "How Crises shaped Economic Ideas and Policies: Wiser after the events?” has been published with Springer.

Reviews

“A highly original and informative book, making a substantive contribution both to the quantitative documentation and the theoretical analysis of civil wars … . the book is of great interest to every economist and historian who wants to learn about the theoretical and empirical analysis of civil wars and have a fresh and objective birds-eye view on the Greek Civil War.” (Michel S. Zouboulakis, Defence and Peace Economics, Vol. 29 (3), 2018)

Table of contents (11 chapters)

Table of contents (11 chapters)

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-319-32261-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA in USD
  • ISBN 978-3-319-32260-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $139.99
price for USA in USD
  • ISBN 978-3-319-81236-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
An Economic Analysis of Conflicts
Book Subtitle
With an Application to the Greek Civil War 1946-1949
Authors
Copyright
2016
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-32261-2
DOI
10.1007/978-3-319-32261-2
Hardcover ISBN
978-3-319-32260-5
Softcover ISBN
978-3-319-81236-6
Edition Number
1
Number of Pages
XXI, 160
Number of Illustrations
2 b/w illustrations, 23 illustrations in colour
Topics