Abstract and Keywords
Focusing on methodologies of measuring the costs of conflict, this article provides a review of primarily econometric methods for cost measurement using models as guides to counterfactual scenarios. The second section reviews the method of cost accounting. The third section comments on regression methods using cross-section data. The fourth section examines the contribution of time series methods, in particular, interrupted time series, transfer function, and vector autoregression methods. The fifth section reviews regression methods using panel data. The sixth section covers event studies from financial economics. The seventh section reviews natural experiments. The eighth section reviews the comparative case study method. The last section offers a view of the road ahead.
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