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Macroeconomic Consequences of Terror: Theory and the Case of Israel
Eckstein, Zvi; Tsiddon, Daniel - C.E.P.R. Discussion Papers - 2004
relative to the present is reduced. Hence, due to a rise in terror activity, investment goes down, and in the long run income …
Persistent link: https://www.econbiz.de/10005504271
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Which Terror at Which Cost? On the Economic Consequences of Terrorist Attacks
Llussá, Fernanda; Tavares, José - C.E.P.R. Discussion Papers - 2010
Consumption and Investment are significantly and negatively affected by all terror indicators, and the largest impact is …
Persistent link: https://www.econbiz.de/10008680754
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Investment, Reprocurement and Franchise Contract Length in the British Railway Industry
Affuso, Luisa; Newbery, David M G - C.E.P.R. Discussion Papers - 2000
incentives for investment in rolling stock, following the privatization of British Rail. Theoretical predictions are tested … incentives for delayed investment. Investing just before the end of the franchise enhances the incumbent’s probability of having …
Persistent link: https://www.econbiz.de/10005666623
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Uncertainty and Company Investment Dynamics: Empirical Evidence for UK Firms
Bloom, Nicholas; Bond, Stephen Roy; Van Reenen, John - C.E.P.R. Discussion Papers - 2003
This Paper investigates the empirical relationship between uncertainty and investment dynamics. This is motivated by … the real options literature, which suggests a weaker response of investment to demand shocks at higher levels of … can be detected as a smaller impact of sales growth on investment for firms facing higher uncertainty. Using a stock …
Persistent link: https://www.econbiz.de/10005666662
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Convergence Empirics Across Economies with (Some) Capital Mobility
Quah, Danny - C.E.P.R. Discussion Papers - 1994
experiences across countries. Conditioning on physical capital investment, secondary school enrolment, and a dummy for the African …
Persistent link: https://www.econbiz.de/10005661869
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Israel, the Palestinian Factions and the Cycle of Violence
Jaeger, David A; Paserman, M. Daniele - C.E.P.R. Discussion Papers - 2006
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
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Public Safety and the Moral Dilemma in the Defense Against Terror
Franck, Raphael; Hillman, Arye L.; Krausz, Miriam - C.E.P.R. Discussion Papers - 2004
The economic theory of defense has traditionally described public safety as achieved through investments that deter adversaries. Deterrence is however ineffective, and preemptive defense is required, when a population of intended victims confronts supreme-value suicide terror. A moral dilemma...
Persistent link: https://www.econbiz.de/10005124376
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Defense R&D in the Anti-Terrorist Era
Trajtenberg, Manuel - C.E.P.R. Discussion Papers - 2004
This Paper seeks to analyse the nature of the terrorist threat following 9/11, and to explore the implications for defense R&D policy. First, it reviews the defining trends of defense R&D since the Cold War, and brings in pertinent empirical evidence: the US accumulated during the 1990s a...
Persistent link: https://www.econbiz.de/10005136658
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International Terrorism, Political Instability and the Escalation Effect
Campos, Nauro F; Gassebner, Martin - C.E.P.R. Discussion Papers - 2009
What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge...
Persistent link: https://www.econbiz.de/10005029291
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Collateral Damage: Trade Disruption and the Economic Impact of War
Glick, Reuven; Taylor, Alan M. - C.E.P.R. Discussion Papers - 2005
Conventional wisdom in economic history suggests that conflict between countries can be enormously disruptive of economic activity, especially international trade. Yet nothing is known empirically about these effects in large samples. We study the effects of war on bilateral trade for almost all...
Persistent link: https://www.econbiz.de/10005504411