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(the escalation effect) stressing domestic political instability as the main reason for international terrorism …What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9 …
Persistent link: https://www.econbiz.de/10005029291
In this study we extend our previous work to examine the dynamic relationship between violence committed by Palestinian factions and that committed by Israel during the Second Intifada. We find a statistically significant relationship between Israeli fatalities claimed by groups associated with...
Persistent link: https://www.econbiz.de/10005123813
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 …
Persistent link: https://www.econbiz.de/10005136658
This paper studies the dynamics of violence in the Palestinian-Israeli conflict since the outbreak of the Second (or 'Al-Aqsa') Intifada in September 2000, during which more than 3,300 Palestinians and more than 1,000 Israelis have been killed. The conflict has followed an uneven pattern, with...
Persistent link: https://www.econbiz.de/10005661712
Using two unifying models and an empirical exercise, this paper presents and extends the main theories linking income distribution and growth, as well as the relevant empirical evidence. The first model integrates the political-economy and imperfect capital markets theories. It allows for...
Persistent link: https://www.econbiz.de/10005123982
An unstable macroeconomic environment is often regarded as detrimental to economic growth. Among the sources contributing to such instability, the literature has assigned most of the blame to political issues. This paper empirically tests for a causal and negative long-term relationship between...
Persistent link: https://www.econbiz.de/10005504467
This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...
Persistent link: https://www.econbiz.de/10005114221
What is the relationship between economic growth and its volatility? Does political instability affect growth directly or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual time series data for Argentina from 1896 to 2000. We show...
Persistent link: https://www.econbiz.de/10005667076
Although recent research has repeatedly found a negative association between investment and political instability, the existence and direction of causality between these two variables has not yet been investigated. This paper empirically tests for such a causal and negative long-run relationship...
Persistent link: https://www.econbiz.de/10005791838
We develop a theory of political transitions inspired in part by the experiences of Western Europe and Latin America. Nondemocratic societies are controlled by a rich elite. The initially disenfranchised poor can contest power by threatening social unrest or revolution, and this may force the...
Persistent link: https://www.econbiz.de/10005661707