ON THE ECONOMIC MECHANICS OF WARFARE

• 成果类型: Article
• 署名作者: Vandenbroucke, Guillaume
• 署名单位: Federal Reserve System - USA; Federal Reserve Bank - St. Louis
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12740
• 发表日期: 2025
• 页码: 491-526
• 关键词: technology; population; models; WAR

摘要

How do war-related expenditures affect economically relevant outcomes at a war's conclusion (e.g., prevailing side, duration, and casualties)? I present a model of attrition and characterize the effects of resources at a military conclusion (one side cannot fight anymore) and a political conclusion (one side quits). I analyze the Pacific War through the lenses of the model, both theoretically and empirically. I find that a parsimonious parameterization reproduces the aggregate patterns of destruction, measured in ship tonnage, for both belligerents.