The evaluation of a possible future Sino-Japanese armed conflict through the application of the ACEI-model
Document Type
Article
Publication Date
1-1-2018
Abstract
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.
Keywords
Armed conflict simulation, PRC, Japan, Wartime economic modeling, Policy modeling, Economic desgrowth
Divisions
FacultyofEconomicsAdministration
Publication Title
Defence and Peace Economics
Volume
29
Issue
5
Publisher
Taylor & Francis