Seminario de Investigación | Does Money Win Wars?

Seminario de Investigación del IIEP
Does Money Win Wars?
Expositor | Dominic Rohner

Lugar | FCE-UBA | Aula Olivera

Abstract
 The impact of economic resources on the outcomes of military conflicts is heatedly debated — yet causal empirical evidence is lacking. To address this gap, the current 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 financial windfalls on winning chances in interstate conflicts. We find a statistically significant and quantitatively large impact of windfalls on winning odds and show that a key channel of transmission is a surge in military spending.

Autores | Dominic Rohner, Jonathan Federle and Moritz Schularick

Sobre el expositor
Dominic Rohner (PhD, University of Cambridge) is a Professor of Economics at the Geneva Graduate Institute, where he holds the André Hoffmann Chair in Political Economics and Governance, and is also a Professor at the University of Lausanne (on leave). He is Co-director of the Hoffmann Centre for Global Sustainability, member of the Swiss National Research Council, academic director of the FCDO-funded research program on Reducing Conflict and Improving Performance in the Economy (ReCIPE) and leader of the CEPR Research and Policy Network on “Preventing Conflict”. Rohner is also an Associate Editor of the Economic Journal and a Fellow of several leading research institutions, including