Terrorism and Trade

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 largescale 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 percent.

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Year of publication:	2003
Authors:	Nitsch, Volker ; Schumacher, Dieter
Institutions:	DIW Berlin (Deutsches Institut für Wirtschaftsforschung)
Subject:	Terrorism \| Conflict \| Warfare \| Trade

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Extent:	application/pdf
Series:	Discussion Papers of DIW Berlin. - ISSN 1619-4535.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 353 13 pages long
Classification:	F15 - Economic Integration ; F19 - Trade. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004963790