Dimant, Eugen; Krieger, Tim; Meierrieks, Daniel - 2020 - This version: July 2020
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 …