The evaluation of a possible future Sino-Japanese armed conflict through the application of the ACEI-model
There is relatively little formal modeling of the economic effects of armed conflicts even though they have substantial economic effects. We set forth a new model, namely the armed conflict economic impact model–ACEI-Model. The model looks at the economic effects of war in three different stages: (i...
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| Format: | Article |
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Taylor & Francis
2018
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| Summary: | There is relatively little formal modeling of the economic effects of armed conflicts even though they have substantial economic effects. We set forth a new model, namely the armed conflict economic impact model–ACEI-Model. The model looks at the economic effects of war in three different stages: (i) pre-conflict stage; (ii) armed conflict stage; and (iii) post-conflict stage. The model is based on economic desgrowth (-δ) and other new conceptual indicators. We evaluate an imaginary armed conflict between China and Japan by applying the ACEI-Model. |
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