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

Centre of Latin American Studies (CLAS) - University of Malaya

Evangelos Koutronas

West Virginia University - Department of Mathematics

Alam Khan

KUST

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)

Centre of Latin American Studies (CLAS) - University of Malaya ( email )

Jalan Pantai Baharu, 59100 Kuala Lumpur, Wilayah P
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HOME PAGE: http://www.um.edu.my

Evangelos Koutronas

West Virginia University - Department of Mathematics ( email )

PO Box 6201
Morgantown, WV 26506
United States

Alam Khan

KUST ( email )

Department of Economics Kohat University of Scienc
Kohat, Khyber Pakhtunkhwa 26000
Pakistan

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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