Blomberg, S. Brock; Hess, Gregory D. - CESifo - 2004
of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …We investigate the empirical impact of violence as compared to other trade impediments on trade flows. Our analysis is … larger than estimated tariff-equivalent costs of border and language barriers and tariff-equivalent reduction through GSPs …