Drakos, Kōnstantinos; Kutan, Ali Mustafa - 2001
Greece, Israel, and Turkey, for the period from January 1996 to December 1999, using the seemingly unrelated regression model … Israel and Turkey are more sensitive to terrorism incidents than in Greece. There are also significant regional contagion … relative market share of Israel in the region, while terrorism in Israel benefits Turkey’s market share. We also document …