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Does Conflict Disrupt Economic Growth in South Asia?

Several South Asian countries, namely Bangladesh, India, Nepal, Pakistan and Sri Lanka have experienced numerous internal as well as external armed-conflicts. Due to ongoing conflicts and militarization, military spending and the cost of conflict have increased drastically in South Asia. The direct...

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Main Authors: Abdul Rasheed, Sithy Jesmy, Abd Karim, Mohd Zaini, Applanaidu, Shri Dewi
Format: Conference or Workshop Item
Language:English
English
Published: 2016
Subjects:
L Education (General)
Online Access:http://repo.uum.edu.my/25016/1/ECOFI2016%207-17.PDF
http://repo.uum.edu.my/25016/2/ECOFI2016%207-17.PDF
http://repo.uum.edu.my/25016/
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spelling my.uum.repo.250162018-12-11T02:35:58Z http://repo.uum.edu.my/25016/ Does Conflict Disrupt Economic Growth in South Asia? Abdul Rasheed, Sithy Jesmy Abd Karim, Mohd Zaini Applanaidu, Shri Dewi L Education (General) Several South Asian countries, namely Bangladesh, India, Nepal, Pakistan and Sri Lanka have experienced numerous internal as well as external armed-conflicts. Due to ongoing conflicts and militarization, military spending and the cost of conflict have increased drastically in South Asia. The direct and indirect causes of armed-conflict posing to be major threats to growth of national output in this region. This study examines the impact of conflict on economic growth in conflict affected South Asian region for the period 1980-2014 by employing the Solow growth model and Autoregressive Distributed Lag (ARDL) bounds test approach to cointegration. Prior to the estimation of cointegration, test to confirm evidence of long-run equilibrium relationship, unit root test and diagnostic tests were performed. The results of this study clearly suggest that armed conflict significantly contribute in decreasing per capita GDP in all countries in South Asia. Therefore, it is highly recommended that policy makers and government in respective countries should adopt constructive policies to prevent and control all possible internal and external conflicts. Ending conflict undoubtedly leads to minimize cost of conflict and supports opens the ways to enhancing output in South Asia. 2016 Conference or Workshop Item PeerReviewed application/pdf en http://repo.uum.edu.my/25016/1/ECOFI2016%207-17.PDF application/pdf en http://repo.uum.edu.my/25016/2/ECOFI2016%207-17.PDF Abdul Rasheed, Sithy Jesmy and Abd Karim, Mohd Zaini and Applanaidu, Shri Dewi (2016) Does Conflict Disrupt Economic Growth in South Asia? In: 3rd Annual ECoFi Symposim 2016, 18-19 Dicember 2016, Universiti Utara Malaysia,Kedah.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
English
topic L Education (General)
spellingShingle L Education (General)
Abdul Rasheed, Sithy Jesmy
Abd Karim, Mohd Zaini
Applanaidu, Shri Dewi
Does Conflict Disrupt Economic Growth in South Asia?
description Several South Asian countries, namely Bangladesh, India, Nepal, Pakistan and Sri Lanka have experienced numerous internal as well as external armed-conflicts. Due to ongoing conflicts and militarization, military spending and the cost of conflict have increased drastically in South Asia. The direct and indirect causes of armed-conflict posing to be major threats to growth of national output in this region. This study examines the impact of conflict on economic growth in conflict affected South Asian region for the period 1980-2014 by employing the Solow growth model and Autoregressive Distributed Lag (ARDL) bounds test approach to cointegration. Prior to the estimation of cointegration, test to confirm evidence of long-run equilibrium relationship, unit root test and diagnostic tests were performed. The results of this study clearly suggest that armed conflict significantly contribute in decreasing per capita GDP in all countries in South Asia. Therefore, it is highly recommended that policy makers and government in respective countries should adopt constructive policies to prevent and control all possible internal and external conflicts. Ending conflict undoubtedly leads to minimize cost of conflict and supports opens the ways to enhancing output in South Asia.
format Conference or Workshop Item
author Abdul Rasheed, Sithy Jesmy
Abd Karim, Mohd Zaini
Applanaidu, Shri Dewi
author_facet Abdul Rasheed, Sithy Jesmy
Abd Karim, Mohd Zaini
Applanaidu, Shri Dewi
author_sort Abdul Rasheed, Sithy Jesmy
title Does Conflict Disrupt Economic Growth in South Asia?
title_short Does Conflict Disrupt Economic Growth in South Asia?
title_full Does Conflict Disrupt Economic Growth in South Asia?
title_fullStr Does Conflict Disrupt Economic Growth in South Asia?
title_full_unstemmed Does Conflict Disrupt Economic Growth in South Asia?
title_sort does conflict disrupt economic growth in south asia?
publishDate 2016
url http://repo.uum.edu.my/25016/1/ECOFI2016%207-17.PDF
http://repo.uum.edu.my/25016/2/ECOFI2016%207-17.PDF
http://repo.uum.edu.my/25016/
_version_ 1644284202107011072
score 13.211869

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