In this paper we organize the literature on the economics of terrorism around seven different topics, offering a … Measurement of Terrorist Activity, The Nature of Terrorists, The Utility Cost of Terrorism, The Impact of Terrorism on Aggregate … Output, Terrorism and Specific Sectors of Activity, Terrorism and Economic Policy, and Counter-Terrorism. In a sense, we …

Most research on firm financing studies the choice between debt and equity. We model an alternative source -- non … issues equity if the financing need is high. This result is robust to using the cash for an uncertain investment. Second …

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 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 …