An Introduction to the Economic Modeling in Times of War

24 Pages Posted: 22 Mar 2014

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: March 20, 2014

Abstract

This paper attempts to introduce a new economic modeling in times of war. The main objective of this paper is to evaluate war in different stages until the end. This new economic modeling in times of war is entitled “the war economic capability model (WEC-Model).” Hence, the WEC-Model will study the evolution of war in three different phases: (i) initial conflict and diplomatic negotiations; (ii) war conflict; (v) winners and losers in the post-war stage. In addition, the WEC-Model is introducing a serial of new indicators such as economic desgrowth (-δ), war intensity (αi), war losses (-π), economic wear (Π), level of war tension (ζ), level of diplomatic negotiations (η) and total economic leaking (Ωt). Finally, the WEC-Model was applied on the evaluation of a potential war between and People’s Republic of China and Japan.

Keywords: War, Economic Modeling, Economic Desgrowth

JEL Classification: R11, R12

Suggested Citation

Ruiz Estrada, Mario Arturo, An Introduction to the Economic Modeling in Times of War (March 20, 2014). Available at SSRN: https://ssrn.com/abstract=2412370 or http://dx.doi.org/10.2139/ssrn.2412370

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

Register to save articles to
your library

Register

Paper statistics

Downloads
93
Abstract Views
213
rank
274,345
PlumX Metrics