Drakos, Kōnstantinos; Kutan, Ali Mustafa - 2001
Greece, Israel, and Turkey, for the period from January 1996 to December 1999, using the seemingly unrelated regression model … Israel and Turkey are more sensitive to terrorism incidents than in Greece. There are also significant regional contagion … effects of terrorism. We find that a higher level of terrorist incidents in Greece is associated with an increase in the …