In this paper, we study the impact of transnational terrorism diffusion on security and trade. We set up a simple … trade. The idea is that security measures, which impede trade, are directed both against the source country of terror and … could benefit from an increase in security by trading more. Taken to the test, we empirically document these predictions. We …

and consumption go down as well. Governments can offset terror by putting tax revenues into the production of security …

We examine a stark setting in which security or protection can be provided by self-governing groups of by for …-term viability. Typically, in providing security the stable market structure involves competing lords, a condition that leads to a …

What is the impact of terrorism on trade through higher security at the borders? We set up a theory which shows that … terrorism acts and make security measures more costly for total welfare. In order to identify the true impact of terrorism, our … current security measures at the borders. Our tests suggest that terrorist incidents have a small effect on US imports on …

Security threats have moved neighbouring countries to form regional integration arrangements (RIAs), including the … that an RIA – together with domestic taxes – is an optimal response to security concerns among neighbouring countries. It …

We construct a dynamic theory of civil conflict hinging on inter-ethnic trust and trade. The model economy is … beliefs on the average propensity to trade of the other group. Since conflict disrupts trade, the onset of a conflict signals … after each conflict episode. Third, "accidental" conflicts that do not reflect economic fundamentals can lead to a permanent …

more prolonged and more devastating civil wars. Third, we identify sizeable spillovers; civil conflict spreads from the …

There is a great deal of interest in the causes and consequences of conflict in Africa, one of the poorest areas of the … world where only modest economic progess has been made. This paper asks whether post-colonial conflict is, at least in part …, a legacy of historical conflict by examining the empirical relationship between conflict in Africa since independence …