expenditure during the period 1970-2013 using a panel dataset on 153 countries. We find that terrorism has only a marginal …This paper provides an empirical analysis of how the frequency and severity of terrorism affect government revenue and … robust to alternative specifications and empirical strategies. On the other hand, we find strong evidence that terrorism is …

We combine some newly developed panel co-integration techniques and common factor analysis to analyze the behavior of …

This paper applies the maximum likelihood panel cointegration method of Larsson and Lyhagen (2007) to test the strong … contrasted to those from the Pedroni (1995) cointegration tests and fully modified OLS and dynamic OLS esimators of the …

This paper studies the role of airlift supply on the tourism sector in the Caribbean. The paper examines the relative … structural panel VAR and individual country VARs. Among the four airlift supply measures, increasing the number of flights is …

This paper analyses the fiscal effects of armed conflict and terrorism on low- and middle-income countries. An analysis … estimates are consistent with the hypothesis that conflict and terrorism have a significant negative impact on growth through … conflict and terrorism …

threat to vulnerable countries that are highly dependent on a weather-sensitive sector like tourism. Using a novel … multidimensional index, this study investigates the long-term impact of climate change vulnerability on international tourism in a … panel of 15 Caribbean countries over the period 1995-2017. Empirical results show that climate vulnerability already has a …