more aggressive compared to a world without a constraint. It may be that an “axis of evil” does not exist before a war … military capacity constraint, which is not exhausted after just one war. Two main effects are at work. If the strong country is … occurs, but is implicitly formed even by moderate countries after the first war was waged. A point of interest is whether the …

American Civil War. It tests a theoretical prediction that economic motivations were important, using county-level presidential …

terror. So democracy is indeed part of the solution to the problem of suicide terrorism. Copyright Springer Science …

Recent contributions to the economics of terrorism have given contradicting recommendations for campaigning against … terrorism, from the proposal to deprive terrorists of their resources to the proposal of raising the opportunity costs of … terrorism by increasing the wealth of the affected regions. Within a simple framework which differentiates between the decision …

In this paper we estimate the macroeconomic consequences of terrorism using panel data for 147 countries for the period … 1968–2002. The results reveal that the potential gains to a country from reducing terrorism are quite large, although the … of terrorism on GDP, GDP growth, investment, consumer spending, and tourism. These estimates of the marginal impact of …