Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/310329 
Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
Kiel Working Paper No. 2280
Verlag: 
Kiel Institute for the World Economy (IfW Kiel), Kiel
Zusammenfassung: 
Economic resources are often seen as decisive for the outcomes of military conflicts. This paper asks whether "deeper pockets" help win wars. We construct a fine-grained dataset covering more than 700 interstate disputes and rely on exogenous resource price shocks to estimate the causal effect of windfall gains on winning chances in interstate conflicts. We find a statistically significant and quantitatively large impact of windfall gains on winning odds and show that a key channel of transmission is a surge in military spending, after an exogenous increase in government revenues.
Schlagwörter: 
Interstate disputes
International wars
Commodity prices
Conflict outcomes
Military expenditures
JEL: 
D74
F51
H56
N40
Q02
Dokumentart: 
Working Paper

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