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We perform an empirical investigation of the macroeconomic consequences of international terrorism and interactions … observations on 177 countries from 1968 to 2000, which brings together information from the Penn World Table dataset, the ITERATE … panel growth regression analysis and a structural VAR model. We find that, on average, the incidence of terrorism may have …
Persistent link: https://www.econbiz.de/10011402576
This paper analyzes the channels through which financial crises exert long-term negative effects on output. Recent models suggest that a shortfall in productivity-enhancing investments temporarily slows technological progress, creating a gap between pre-crisis trend and actual GDP. This...
Persistent link: https://www.econbiz.de/10011573282
business closures preclude regional relocation of offline consumption. …
Persistent link: https://www.econbiz.de/10013411572
This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter …-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences … of terrorism and we demonstrate why it is important to regarding of the issue of counter-terrorism policy. Moreover the …
Persistent link: https://www.econbiz.de/10003956021
This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter …-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences … of terrorism and we demonstrate why it is important to regarding of the issue of counter-terrorism policy. Moreover the …
Persistent link: https://www.econbiz.de/10003956028
provide causal estimates of the effect of U.S. military aid on anti-American terrorism. We find that higher levels of military … aid led to an increased likelihood of the recipient country to produce anti-American terrorism. For our preferred … instrumental-variable specification, doubling U.S. military aid increases the risk of anti-American terrorism by 4.4 percentage …
Persistent link: https://www.econbiz.de/10012241071
Persistent link: https://www.econbiz.de/10003624878
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in...
Persistent link: https://www.econbiz.de/10011298529
We investigate the effects of short-term political motivations on the effectiveness of foreign aid. Donor countries ́political motives might reduce the effectiveness of conditionality, channel aid to inferior projects or affect the way aid is spent in other ways, reduce the aid bureaucracyś...
Persistent link: https://www.econbiz.de/10009764394
The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...
Persistent link: https://www.econbiz.de/10011384506