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High terrorist attack frequency and intensity in Pakistan provides a unique data to study the impact of terrorism on foreign inflows and trade. After 9/11, Pakistan has suffered from rapidly decreasing foreign inflows and a contraction in trade. The paper estimates the unit cost of a terrorist...
Persistent link: https://www.econbiz.de/10011108879
Pakistan with highest number of terrorism related deaths of any country over the past decade, the number exceeding the total terrorism related deaths for both the European and North American continents, provides an ideal laboratory to study impact of terrorism on the macroeconomy (GTD, 2012)....
Persistent link: https://www.econbiz.de/10011112889
Pakistan with highest number of terrorism related deaths of any country over the past decade, the number exceeding the total terrorism related deaths for both the European and North American continents, provides an ideal laboratory to study impact of terrorism on the macroeconomy....
Persistent link: https://www.econbiz.de/10010951890
This article takes a macroeconomic perspective in studying innovation as one of the channels by which better access to financial markets affects economic development. The GMM difference and system estimators which accommodate country specific heterogeneity, endogenous explanatory variables and...
Persistent link: https://www.econbiz.de/10011031712