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We report robust evidence of adverse cross-border externalities from terrorism on trade for over 160 countries from 1976 to 2014. Terrorism in one country spills over to reduce trade in neighboring nations. These externalities arise from higher trade costs due to trade delays and macroeconomic...
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The economy-wide implications of sea level rise in 2050 are estimated using a static computable general equilibrium … substituted for land, overall energy consumption falls with the shrinking economy, hurting energy exporters. With full coastal …
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This paper studies the economic implications of climate-change-induced variations in tourism demand, using a world CGE … changes of consumption preferences for domestically produced goods. The second shocks reallocate income across world regions …
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thus dampens the negative effect that deposit insurance has on banks' risk taking. "--World Bank web site …
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institutions dispose a country toward adopting design features that inadequately control risk-shifting. "--World Bank web site …
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