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Deutsches Institut für Wirtschaftsforschung (DIW), Berlin >
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http://hdl.handle.net/10419/18089
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| Title: | | Terrorism and trade  |
| Authors: | | Nitsch, Volker Schumacher, Dieter |
| Issue Date: | | 2003 |
| Series/Report no.: | | DIW-Diskussionspapiere 353 |
| Abstract: | | This paper examines the effect of terrorism and warfare on international trade. We investigate bilateral trade flows between more than 200 countries over the period from 1960 to 1993. Applying an augmented gravity model that includes several measures of terrorism and largescale violence, we find compelling evidence that terrorist actions reduce the volume of trade; a doubling in the number of terrorist incidents is associated with a decrease in bilateral trade by about 4 percent. |
| Subjects: | | Terrorism Conflict Warfare Trade |
| JEL: | | F19 F15 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des DIW DIW-Diskussionspapiere
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| dp353.pdf | | 475.39 kB | Adobe PDF |
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