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 Private 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.
Year of publication: |
2011
|
---|---|
Authors: | Llussá, Fernanda ; Tavares, José |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 110.2011, 1, p. 52-55
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Publisher: |
Elsevier |
Subject: | Economic growth Terrorism Consumption Investment |
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