The impact of American and British involvement in Afghanistan and Iraq on health spending, military spending and economic growth

B.E. Journal of Macroeconomics

Volumn 14, Issue 1, 2014, Pages 325-339

  Bove, Vincenzo ^a   Elia, Leandro ^b  

^a UNIVERSITY OF ESSEX   (United Kingdom)

^b JOINT RESEARCH CENTRE   (Italy)

Author keywords

costs of conflict; counterfactual; synthetic control method

Indexed keywords

EID: 84907667891     PISSN: None     EISSN: 19351690     Source Type: Journal    
DOI: 10.1515/bejm-2013-0097     Document Type: Article

References (25)

1. Abadie, Alberto, and Javier Gardeazabal. 2003. "The Economic Costs of Conflict: A Case Study of The Basque Country." American Economic Review 93 (1): 113-132.
2. Abadie, Alberto, Alexis Diamond, and Jens Hainmueller. 2012. Comparative Politics and the Synthetic Control Method. 2012.
3. Aksoy, Yunus, and Giovanni Melina. 2012. "An Empirical Investigation of us Fiscal Expenditures and Macroeconomic Outcomes." Economics Letters 114 (1): 64-68.
4. Albalate, Daniel, Germa Bel, and Ferran Elias. 2012. "Institutional Determinants of Military Spending." Journal of Comparative Economics 40 (2): 279-290.
5. Barro, Robert J., and Charles J. Redlick. 2011. "Macroeconomic Effects from Government Purchases and Taxes." The Quarterly Journal of Economics 126 (1): 51-102.
6. Billmeier, Andreas, and Tommaso Nannicini. 2013. "Assessing Economic Liberalization Episodes: A Synthetic Control Approach." Review of Economics and Statistics 95 (3): 983-1001.
7. Bilmes, Linda J. 2013. "The Financial Legacy of Iraq and Afghanistan: How Wartime Spending Decisions will Constrain Future National Security Budgets." HKS Faculty Research Working Paper Series RWP13-006.
8. Bruck, Tilman, Olaf J. de Groot, and Friedrich Schneider. 2011. "The Economic Costs of the German Participation in the Afghanistan War." Journal of Peace Research 48 (6): 793-805.
9. Cotet, Anca M., and Kevin K. Tsui. 2013. "Oil and Conflict: What Does The Cross Country Evidence Really Show?" American Economic Journal: Macroeconomics 5 (1): 49-80.
10. De Groot, Olaf, Tilman Bruck, and Carlos Bozzoli. 2012. "How Many Bucks in a Bang: on the Estimation of the Economic Costs of Conflict." In Oxford Handbook of the Economics of Peace and Conflict, edited by M. Garfinkel and S. Skaperdas, 252-274. Oxford University Press.
11. Dobkin, Carlos, and Reza Shabani. 2009. "The Health Effects of Military Service: Evidence from the Vietnam Draft." Economic inquiry 47 (1): 69-80.
12. Dunne, J. Paul, Ron P. Smith, and Dirk Willenbockel. 2005. "Models of Military Expenditure and Growth: a Critical Review." Defence and Peace Economics 16 (6): 449-461.
13. Edwards, Ryan D. 2010. "A Review of War Costs in Iraq and Afghanistan." NBER Working Papers Series 16163.
14. Gardeazabal, Javier. 2012. In Oxford Handbook of the Economics of Peace and Conflict, edited by M. Garfinkel and S. Skaperdas, 227-251. Oxford University Press.
15. Hewitt, Daniel. 1992. "Military Expenditures Worldwide: Determinants and Trends, 1972-1988." Journal of Public Policy 12 (2): 105-152.
16. Kalaitzidakis, Pantelis, and Vangelis Tzouvelekas. 2011. "Military Spending and the Growth- Maximizing Allocation of Public Capital: A Cross-Country Empirical Analysis." Economic Inquiry 49 (4): 1029-1041.
17. Mankiw, N. Gregory, David Romer, and David N. Weil. 1992. "A Contribution to The Empirics of Economic Growth." The Quarterly Journal of Economics 107 (2): 407-437.
18. Nordhaus, William D. 2002. "The Economic Consequences of A War with Iraq." NBER Working Paper Series, 9361.
19. Nordhaus, William D., John R. Oneal, and Bruce Russett. 2012. "The EFfects of the International Security Environment on National Military Expenditures: A Multicountry Study." International Organization 66 (03): 491-513.
20. Perlo-Freeman, Sam, and Jennifer Brauner. 2012. "Natural Resources and Military Expenditure: The Case of Algeria." Economics of Peace and Security Journal 7 (1): 15-21.
21. Pesaran, M. Hashem, and Ron Smith. 2012. "Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into The Effects of Quantitative Easing." IZA Discussion Paper, 2012.
22. Potrafke, Niklas. 2009. "Did Globalization Restrict Partisan Politics? An Empirical Evaluation of Social Expenditures in a Panel of OECD Countries." Public Choice 140 (1-2): 105-124.
23. Reitschuler, Gerhard, and Josef L. Loening. 2005. "Modeling the Defense-Growth Nexus in Guatemala." World development 33 (3): 513-526.
24. Smith, Ron P. 2014. "The Economic Costs of Military Conflict." Journal of Peace Research, 51 (2): 245-256.
25. Stiglitz, Joseph E., and Linda J. Bilmes. 2008. The Three Trillion War. New York: WW Norton and Company, 218.