Crain, Nicole; Crain, W. - In: Public Choice 128 (2006) 1, pp. 317-349
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 …