de Sousa, José; Mirza, Daniel; Verdier, Thierry - In: Swiss Journal of Economics and Statistics 145 (2009) 4, pp. 453-461
We examine the impact of transnational terrorism diffusion on security and international trade. To counter the … diffusion of transnational terrorism, targeted governments implement security measures against countries where terror could … potentially diffuse. Since security measures raise trade costs, we argue that countries, close enough to those from where terror …