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Peace Economics, Peace Science and Public Policy

Editor-in-Chief: Caruso, Raul

Ed. by Böhmelt, Tobias / Bove, Vincenzo / Kibris, Arzu / Sekeris, Petros

4 Issues per year


CiteScore 2016: 0.39

SCImago Journal Rank (SJR) 2016: 0.225
Source Normalized Impact per Paper (SNIP) 2016: 0.322

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1554-8597
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Volume 20, Issue 4 (Dec 2014)

Issues

Volume 17 (2011)

Volume 4 (1996)

Volume 3 (1995)

Volume 2 (1994)

Volume 1 (1993)

Economic Growth and Recovery After Civil Wars

Luis A. Gil-Alana / Prakarsh Singh
Published Online: 2014-10-04 | DOI: https://doi.org/10.1515/peps-2014-0023

Abstract

Using a fractional integration approach, we find that developing countries recover their economic growth faster than developed countries in response to a shock. The main finding is that longer civil conflicts are associated with a faster recovery process. To investigate deeper on this issue, we explore correlations with components of GDP. Higher government spending is correlated with faster recoveries post longer conflicts and higher consumption and investment are linked to faster recoveries following shorter conflicts.

Keywords: Economic growth recovery; civil wars; time series

JEL Classification: H56; F43; O40

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About the article

Corresponding author: Luis A. Gil-Alana, Faculty of Economics and ICS, University of Navarra, Pamplona, Spain, E-mail:


Published Online: 2014-10-04

Published in Print: 2014-12-01


Citation Information: Peace Economics, Peace Science and Public Policy, ISSN (Online) 1554-8597, ISSN (Print) 1079-2457, DOI: https://doi.org/10.1515/peps-2014-0023.

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