SavedAdd your journal

Journals / Finans Politik ve Ekonomik Yorumlar Dergisi / 2010 / Cilt: 47 - Sayı: 539

An evaluation on the macroeconomic consequences of terrorism

Terörizmin makroekonomik sonuçları üzerine bir değerlendirme

HÜSEYİN AĞIR
Muhsin KAR
Pages
13–32
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In this framework, in the paper, the impact mechanisms of terrorism on economic growth, financial markets, international trade, foreign direct investment, regional development and public expenditure are explained and the empirical literature focused on the interactions among these variables is investigated in detail.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Increase both in the national and international terrorist activities and measurements taken against them lead the evaluation of economic effects of terrorism.
📊
Key Findings & Data:Terror, by affecting in the behaviors and expectations of economic units, causes important changes in the main dynamics of the national and world economy.
💡
Conclusion & Impact:In this framework, in the paper, the impact mechanisms of terrorism on economic growth, financial markets, international trade, foreign direct investment, regional development and public expenditure are explained and the empirical literature focused on the interactions among these variables is investigated in detail.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Increase both in the national and international terrorist activities and measurements taken against them lead the evaluation of economic effects of terrorism. Terror, by affecting in the behaviors and expectations of economic units, causes important changes in the main dynamics of the national and world economy. This study aims to evaluate macroeconomic effects by utilizing basic variables and factors as a whole. In this framework, in the paper, the impact mechanisms of terrorism on economic growth, financial markets, international trade, foreign direct investment, regional development and public expenditure are explained and the empirical literature focused on the interactions among these variables is investigated in detail.

Özet

Ulusal ve uluslararası terör eylemlerindeki artış ve bunlara karşı alınan önlemler, terörizmin ekonomik etkilerinin yakından incelenmesine yol açmıştır. Terör, ekonomik birimlerin davranışlarını ve beklentilerini etkileyerek, ulusal ve dünya ekonomisinin temel dinamiklerinde önemli değişikliklere neden olmaktadır. Bu çalışma, terörün makroekonomik etkilerini temel değişkenler ve faktörler üzerinden topluca değerlendirmeyi amaçlamaktadır. Bu çerçevede çalışmada, terörizmin ekonomik büyümeyi, finansal piyasaları, uluslararası ticareti, doğrudan yabancı yatırımları, bölgesel gelişmeyi, ve kamu harcamalarını etkileme mekanizmaları açıklanmakta ve bu etkileşimleri konu edinen ampirik literatürün detaylı bir incelemesi yapılmaktadır.

🔖

Cite This Article

AĞIR, H., KAR, M. (2010). An evaluation on the macroeconomic consequences of terrorism. Finans Politik ve Ekonomik Yorumlar Dergisi, Cilt: 47 - Sayı: 539, 13–32. https://ajindex.com/articles/224171

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (15)

  1. ABADIE, A. VE GARDEAZABAL, J. (2003) “The Economic Costs of Conflict: A Case Study for the Basque Country”, American Economic Review 93 (1), ss. 113–132.
  2. ABADIE, A. (2005) “Poverty, Political Freedom and the Roots of Terrorism”, American Economic Review, 95(4), ss. 50-56.
  3. ABADIE, A. VE GARDEAZABAL, J. (2008) “Terrorism and the World Economy”, European Economic Review, 52, ss. 1-27.
  4. ADDISON, T., CHOWDHURY, A. R. VE MURSHED, S. M. (2002) “By How Much Does Conflict Reduce Financial Development?”, WIDER Discussion Paper No: 2002/48, World Institute for Development Economics Research, United Nations University, Helsinki. ADES, A. VE CHUA, H. (1997) “Thy Neighbor’s Curse: Regional Instability and Economic Growth”, Journal of Economic Growth, 2, ss. 279–304.
  5. ALESINA, A. VE PEROTTI, R. (1996) “Income Distribution, Political Instability and Investment”, European Economic Review, 40, ss. 1203-28.
  6. ALESINA, A., ÖZLER, S., ROUBINI, N., VE SWAGEL, P. (1996) “Political Instability and Economic Growth”, Journal of Economic Growth, 1, ss. 189-211.
  7. ALEXANDER, W. VE ROBERT J. (1990) “The Impact of Defence Spending and Economic Growth: A Multi-Sectoral Approach to Defence Spending and Economic Growth with Evidence from Developed Economies”, Defence Economics, 2819, ss. 39-55.
  8. ARAZ-TAKAY, B., ARIN, K.P. VE OMAY, T. (2009) “The Endogenous and Non-Linear Relationship Between Terrorism and Economic Performance: Turkish Evidence”, Defence and Peace Economics, 20(1), ss. 1-10.
  9. ARIAS, A. F. VE ARDILA, L. (2003) Military Expenditure and Economic Activity: The Colombian Case, Documento CEDE 2003-20,
  10. Bogota, Colombia. ARIN, K. P., CIFERRI, D. VE SPAGNOLO, N. (2008) “The Price of Terror: The Effects of Terrorism on Stock Market Returns and Volatility”, Economics Letters, 101, ss. 164-167.
  11. ARUNATILAKE, N., JAYASURIYA, S. VE KELEGAMA, S. (2001) “The Economic Cost of the War in Sri Lanka”, World Development, 29, ss. 1483-1500.
  12. BARBIERI, K. VE SCHNEIDER, G. (1999) “Globalization and Peace: Assesing New Directions in the Study of Trade and Conflict”, Journal of Peace Research, 36, ss. 387-404.
  13. BARKER, D. (2003) “Terrorism Insurance Subsidies and Social Welfare”, Journal of Urban Economics, 54, ss. 328–338.
  14. BARRO, R. J. (1991) “Economic Growth in a Cross Section of Countries”, Quarterly Journal of Economics, 106, ss. 407-443.
  15. BECKER, G. S. VE RUBINSTEIN, Y. (2004) “Fear and the Response to Terrorism: An Economic Analysis”, http://www.ilr.cornell. edu/international/events/upload/Beckerrubinste