International terrorism as a trade impediment?
- authored by
- Peter Egger, Martin Gassebner
- Abstract
This article uses monthly data on bilateral trade in conjunction with monthly data on terrorism events and associated fatalities to shed light on the impact of terrorism on trade. Employing a structural model of trade, we provide evidence that, if at all, international terrorism displays effects on bilateral and multilateral trade only in the medium run (more than one and a half years after an attack/incident). The pure short-run impact of international terror on trade appears very small, if not negligible.
- Organisation(s)
-
Institute of Macroeconomics
- External Organisation(s)
-
ETH Zurich
Centre for Economic Policy Research, London
Munich Society for the Promotion of Economic Research - CESifo GmbH
- Type
- Article
- Journal
- Oxford economic papers
- Volume
- 67
- Pages
- 42-62
- No. of pages
- 21
- ISSN
- 0030-7653
- Publication date
- 01.01.2015
- Publication status
- Published
- Peer reviewed
- Yes
- ASJC Scopus subject areas
- Economics and Econometrics
- Sustainable Development Goals
- SDG 16 - Peace, Justice and Strong Institutions
- Electronic version(s)
-
https://doi.org/10.1093/oep/gpu037 (Access:
Open)
