India-Pakistan War: How Painful and How Costly?

15 Pages Posted: 19 Mar 2019

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

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

Evangelos Koutronas

Universiti Sains Malaysia

Alam Khan

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

Baskaran Angathevar

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

Date Written: February 27, 2019

Abstract

This paper intends to establish conceptual foundations of analyzing the economic dimensions of warfare. The main objective of this research paper is to evaluate the final impact of a war between India and Pakistan under the application of the Post-War Final Economic Damage Simulator (PFEDS). The PFEDS attempts to estimate the heterogeneous macroeconomic effects of a potential military conflict. The simulator suggests nine different indicators: (i) the territorial dispute tension, ∆T; (ii) the territorial dispute strategy, Sn; (iii) warfare dimension, Ak; (iv) warfare losses, -π, (v) warfare economic leaking, -Ψ, (vi) warfare economic desgrowth, -δw; (vii) the post-war economic damage, -Π; (viii) the post-war reconstruction plan, Rt; (ix) and the Mega-Disk Networks Analysis. The simulator investigates the territorial dispute between India and Pakistan (1946-2019) about Kashmir.

Keywords: India, Pakistan, war, economic modeling, economic desgrowth

JEL Classification: R11, R12

Suggested Citation

Ruiz Estrada, Mario Arturo and Koutronas, Evangelos and Khan, Alam and Angathevar, Baskaran, India-Pakistan War: How Painful and How Costly? (February 27, 2019). Available at SSRN: https://ssrn.com/abstract=3343303 or http://dx.doi.org/10.2139/ssrn.3343303

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/

Evangelos Koutronas

Universiti Sains Malaysia ( email )

Minden, Penang
Malaysia

Alam Khan

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

University of Malaya
Kuala Lumpur, Wilayah Persekutuan 50603
Malaysia

Baskaran Angathevar

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

University of Malaya
Kuala Lumpur, Wilayah Persekutuan 50603
Malaysia

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