Brutality or Frequency? An Empirical Investigation of the Effects of Terrorism on Economic Growth in India

被引：1
|
作者：
Arin, K. Peren [1 ,2 ]
Spagnolo, Fabio [3 ]
Spagnolo, Nicola [2 ,3 ]
机构：
[1] Zayed Univ, POB 144534, Abu Dhabi, U Arab Emirates
[2] CAMA, Canberra, ACT, Australia
[3] Brunel Univ London, Dept Econ & Finance, Uxbridge UB8 3PH, Middx, England
来源：
REVUE ECONOMIQUE | 2016年 / 67卷 / 06期
关键词：
D O I：
10.3917/reco.pr2.0073
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper we investigate the effects of terrorism on economic growth in India Using a Markov switching model, we find evidence that terror has a significant and negative impact on Indian economic growth. Our empirical results also show that the magnitude of these effects is larger in periods of high growth. Finally, we compare the magnitude of the effects of the "brutality" and the "frequency" of terror attacks, and conclude that the effect of the frequency is slightly higher than the effect of the brutality.
引用
收藏
页码：1141 / 1151
页数：11
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