Terrorism and international trade: an empirical investigation
This paper examines the effect of terrorism and warfare on international trade. We investigate bilateral trade flows between more than 200 countries over the period from 1960 to 1993. Applying an augmented gravity model that includes several measures of terrorism and large-scale violence, we find co...
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| Veröffentlicht in: | European Journal of Political Economy 2004-06, Vol.20 (2), p.423-433 |
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| container_title | European Journal of Political Economy |
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| creator | Nitsch, Volker Schumacher, Dieter |
| description | This paper examines the effect of terrorism and warfare on international trade. We investigate bilateral trade flows between more than 200 countries over the period from 1960 to 1993. Applying an augmented gravity model that includes several measures of terrorism and large-scale violence, we find compelling evidence that terrorist actions reduce the volume of trade; a doubling in the number of terrorist incidents is associated with a decrease in bilateral trade by about 4%. |
| doi_str_mv | 10.1016/j.ejpoleco.2003.12.009 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0176-2680 |
| ispartof | European Journal of Political Economy, 2004-06, Vol.20 (2), p.423-433 |
| issn | 0176-2680 1873-5703 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_60676965 |
| source | RePEc; Worldwide Political Science Abstracts; Access via ScienceDirect (Elsevier) |
| subjects | Conflict Empiricism International Trade Political economy Terrorism Trade Violence War Warfare World Economy |
| title | Terrorism and international trade: an empirical investigation |
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