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Does globalization lead to environmental degradation? What is the role of democracy for environmental performance and … globalization leads to better environmental performances. Interestingly, this result is predominantly driven by social, not by … economic or political globalization. Although we find evidence that left-wing governments perform better than right …
Persistent link: https://www.econbiz.de/10012285657
We analyze the determinants of the origin of domestic and international terrorism in a large panel data set of 159 countries spanning from 1970 to 2007. We show that terror increases with GDP per capita, a higher POLITY score measuring a more open and competitive political system and experiences...
Persistent link: https://www.econbiz.de/10008668598
The existing literature on the determinants of terrorism treats terror as a uniform phenomenon and does not distinguish between different types of terror. This paper explicitly addresses the heterogeneity of terror by classifying groups according to their ideologies. We show that the pattern of...
Persistent link: https://www.econbiz.de/10009546633
We are the first to analyze the effect of terror on stock markets by terror ideology. Surprisingly, we find that Islamist terror attacks created significant negative abnormal returns in American and European markets, but the stock market effects of other terror attacks were almost nil. For our...
Persistent link: https://www.econbiz.de/10014481141