RT Article
T1 The welfare cost of terrorism
JF Terrorism and political violence
VO 29
IS 6
SP 1066
OP 1086
A1 Vorsina, Margarita
A2 Manning, Matthew
A2 Fleming, Christopher M.
A2 Ambrey, Christopher L.
A2 Smith, Christine
LA English
YR 2017
UL https://krimdok.uni-tuebingen.de/Record/1870738640
AB Data from 117 countries over the period 2006 to 2011 are used to estimate a macroeconomic cross-country system of equations that examines the association between terrorism, self-reported life satisfaction, and national income. Results indicate that terrorism is negatively associated with life satisfaction, whereas no such association is found between terrorism and real GDP per worker. Stark contrasts are found, however, between OECD and non-OECD members. In all, our results suggest that the social costs of terrorism are potentially much higher than the economic costs, and measuring only the conventional economic costs of terrorism significantly underestimates the true costs.
NO Gesehen am 21.11.2023
NO Published online: 18 Dec 2015
K1 Economic costs
K1 Global Terrorism Database
K1 gross domestic product
K1 Life Satisfaction
K1 social cost
K1 subjective wellbeing
DO 10.1080/09546553.2015.1111207