How Many Bucks in a Bang: On the Estimation of the Economic Costs of Conflict

28 Pages Posted: 24 Nov 2009

See all articles by Olaf J. de Groot

Olaf J. de Groot

DIW Berlin; Bocconi University

Tilman Brück

IGZ - Leibniz Institute of Vegetable and Ornamental Crops; ISDC - International Security and Development Center; IZA Institute of Labor Economics

Carlos Bozzoli

German Institute for Economic Research (DIW Berlin)

Date Written: November 24, 2009

Abstract

The estimation of the costs of conflict is currently receiving a lot of attention in the literature. This paper aims to give a thorough overview of the existing literature, first by addressing the history of case studies that address conflict costs and second by looking at the existing body of cross-country analyses for conflict costs. In addition to the existing cross-country literature, a number of studies that only concern themselves with particular elements of conflict costs are included as well. In the end, this paper combines the insights from these previous analyses to explore how much room there is to further improve the existing studies. Specific recommendations are given how to proceed with the development of the field of conflict cost measurement.

Keywords: Conflict, costs of conflict, case studies

JEL Classification: C20, F50, O11

Suggested Citation

de Groot, Olaf J. and de Groot, Olaf J. and Brück, Tilman and Bozzoli, Carlos, How Many Bucks in a Bang: On the Estimation of the Economic Costs of Conflict (November 24, 2009). DIW Berlin Discussion Paper No. 948, Available at SSRN: https://ssrn.com/abstract=1512480 or http://dx.doi.org/10.2139/ssrn.1512480

Olaf J. De Groot (Contact Author)

Bocconi University ( email )

Via Sarfatti, 25
Milan, MI 20136
Italy

DIW Berlin ( email )

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Berlin, 10117
Germany

Tilman Brück

IGZ - Leibniz Institute of Vegetable and Ornamental Crops ( email )

Theodor-Echtermeyer-Str. 1
Grossbeeren, 14979
Germany

HOME PAGE: http://www.igzev.de

ISDC - International Security and Development Center ( email )

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Berlin, 10117
Germany

HOME PAGE: http://www.isd-center.org

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Carlos Bozzoli

German Institute for Economic Research (DIW Berlin) ( email )

Mohrenstraße 58
Berlin, 10117
Germany

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