Which Terror at Which Cost? On the Economic Consequences of Terrorist Attacks

We assess the cost of different types of terrorist attacks on the growth of output and of its components. Private Consumption and Investment are significantly and negatively affected by all terror indicators, and the largest impact is respectively associated with the number of victims or the number of attacks.

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Year of publication:	2010-10
Authors:	Llussá, Fernanda ; Tavares, José
Institutions:	C.E.P.R. Discussion Papers
Subject:	consumption \| government expenditure \| investment \| output growth \| terrorism

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Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 8077
Classification:	C23 - Models with Panel Data ; E32 - Business Fluctuations; Cycles ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; E65 - Studies of Particular Policy Episodes
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008680754