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The True Cost of War (English)

Measuring the economic impact of a war is a daunting task. Common indicators like casualties, infrastructure damages, and gross domestic product effects provide useful benchmarks, but they fail to capture the complex welfare effects of wars. This paper proposes a new method to estimate the welfare impact of conflicts and remedy common data constraints in conflict-affected environments. The method first estimates how agents regard spatial welfare differentials...
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Artuc,Erhan; Gomez Parra,Nicolas; Onder,Harun.

The True Cost of War (English). Policy Research working paper ; no. WPS 10217; Paper is funded by the Knowledge for Change Program (KCP) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099846210202232755

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