This paper provides an empirical analysis of how the frequency and severity of terrorism affectgovernment revenue and … expenditure during the period 1970-2013 using a panel dataset on153 countries. We find that terrorism has only a marginal negative … alternative specifications and empirical strategies. On the other hand, we find strongevidence that terrorism is associated with …

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 …

This study examines the role of globalization on terrorism in 51 African countries for the period 1996-2011. Four … terrorism indicators are used, namely: domestic, transnational, unclear and total terrorism. Political, economic, social and … established from GMM estimations. Political globalisation increases both domestic and transnational terrorism. Social …