Blomberg, S. Brock; Hess, Gregory - In: Peace Economics, Peace Science and Public Policy 15 (2009) 2, pp. 7-7
We perform an empirical investigation to estimate the macroeconomic cost of September 11 attacks on the United States economy. We estimate the impact of the attacks to be approximately a 0.50 percentage point decrease in GDP growth or $60 billion. Our upper bound estimate of the impact of...
