prominently, commanding 30% of current defense R&D spending, versus just about 13% for intelligence and anti-terrorism. The second …, and the extent to which security against terrorism is (still) a public good. I develop for that purpose a simple model of … terrorism, cast in a nested discrete choice framework. Two strategies are considered: fighting terrorism at its source, and …

This paper examines whether terrorism is an effective tool to achieve political goals. By exploiting variation in … response to terror. Hence, terrorism appears to be an effective strategy in terms of shifting the entire Israeli political … landscape to the left. These findings may shed light on the causes underlying the spread of global terrorism in the last few …

In this paper, we study the impact of transnational terrorism diffusion on security and trade. We set up a simple … theoretical model predicting that the closer a country is to a source of terrorism, the higher the negative spillovers on its … its neighbor countries where terrorism may diffuse. In contrast, we demonstrate that countries located far rom terror …

transnational terrorism. We then survey the recent economic literature in light of this framework by pointing to the importance in …' countries of terrorism and c) to take into account the intertemporal persistence of terrorism between specific pairs of …

This paper uses scoring matching techniques and event study analysis to elucidate the impact of terrorism across … that belong to the defence, security or anti-terrorism related industries and other companies. The findings show that … whereas terrorism has a significant negative impact on non defence-related companies, the overall effect of terrorism on …

What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9 … (the escalation effect) stressing domestic political instability as the main reason for international terrorism …

What is the impact of terrorism on trade through higher security at the borders? We set up a theory which shows that … the impact goes not only from terrorism to trade; higher trade with a partner might, in turn, increase the probability of … terrorism acts and make security measures more costly for total welfare. In order to identify the true impact of terrorism, our …