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In spite of the growing consensus of the need to utilise military expenditure to help combat terrorism, our … understanding of the threshold at which military expenditure reduces the effect of terrorism stemming from capital flight remains … terrorism, 5.734 to 7.363 for unclear terrorism and 4.710 to 6.617 for total terrorism. No thresholds are apparent in …
Persistent link: https://www.econbiz.de/10011496373
The purpose of this study is to assess the thresholds at which military expenditure modulates the effect of terrorism … terrorism, 5.734 to 7.363 for unclear terrorism and 4.710 to 6.617 for total terrorism. No thresholds are apparent in … transnational terrorism related regressions. Depending on the terrorist target, the findings broadly show that a critical mass of …
Persistent link: https://www.econbiz.de/10011698476
"This paper investigates the nature of U.S. fiscal policy in the aftermath of 9/11. We argue that the recent dramatic fall in the government surplus and the large fall in tax rates cannot be accounted for by either the state of the U.S. economy as of 9/11 or as the typical response of fiscal...
Persistent link: https://www.econbiz.de/10002685015
Persistent link: https://www.econbiz.de/10009786951
This paper provides an empirical analysis of how the frequency and severity of terrorism affect government revenue and … expenditure during the period 1970-2013 using a panel dataset on 153 countries. We find that terrorism has only a marginal … robust to alternative specifications and empirical strategies. On the other hand, we find strong evidence that terrorism is …
Persistent link: https://www.econbiz.de/10011408259
Persistent link: https://www.econbiz.de/10002026025
Persistent link: https://www.econbiz.de/10012606721
This study examines the effect of terrorism and peace on tourist destination arrivals using a panel of 163 countries …
Persistent link: https://www.econbiz.de/10011998657
This study investigates the role of inclusive human development and military expenditure in fighting terrorism in 53 … variable Fixed Effects regressions. Inclusive development is not a sufficient condition for the fight against terrorism whereas … findings, the propensity of military expenditure to fight transnational terrorism is higher in: (i) middle income countries vis …
Persistent link: https://www.econbiz.de/10011698479
Persistent link: https://www.econbiz.de/10011990178