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The study investigates whether development assistance can be used to crowd-out the negative effect of terrorism on international trade. The empirical evidence is based on a panel of 78 developing countries for the period 1984-2008 and Quantile Regressions. The following main findings are...
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Linkages between foreign aid, terrorism and natural resource (fuel and iron ore) exports are investigated in this study … specifications corresponding to iron ore exports do not hold. Second, there is evidence of convergence in fuel exports. Third … consistently positive on fuel exports. Fourth, the interaction between terrorism and aid dynamics consistently display negative …
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