Trade and terrorism
A disaggregated approach
Bibliographic Data
| ID | 3916757 |
|---|---|
| Authors | Subhayu Bandyopadhyay (0000-0003-1626-6543, Federal Reserve Bank of St. Louis), Tod Sandler (0000-0001-9077-5915, School of Economic, Political & Policy Sciences, University of Texas at Dallas, corresponding author), Todd Sandler, Javed Younas (0000-0003-2032-2448, American University of Sharjah) |
| Year | 2018 |
| Volume | 55 |
| Issue | 5 |
| Pages | 656-670 |
| Publication date | 2018-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Peace Research (JOURNAL) |
| Journal identifiers | ISSN: 0022-3433 • E-ISSN: 1460-3578 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0022343318763009 |
| OpenAlex | W2906792790 |
| Language | EN |
| Citations received | 18 |
| References cited | 28 |
We construct a model of the consequences of terrorism on trade, where firms in trading nations face different costs arising from domestic and transnational terrorism. Using a dyadic dataset in a gravity model, we test terrorism's effects on overall trade, exports, and imports, while allowing for disaggregation by primary commodities and manufactured goods. While domestic and transnational terrorism have marginal or no significant influence on the overall trade of primary products, both types of terrorism significantly reduce the overall trade of manufactured goods. This novel finding for a global sample indicates the avenue by which terrorism reduces trade and suggests why previous global studies that looked at all trade generally found modest impacts. Moreover, both domestic and transnational terrorism have a detrimental effect on manufactured imports. The larger apparent reduction for transnational terrorism is not statistically different from that of domestic terrorism. A more mixed picture characterizes the effect of terrorism on exports. Domestic terrorism reduces manufactured exports and increases primary exports, while transnational terrorism reduces primary exports. Placebo tests support our hypothesized causality
Causality (physics) · Domestic terrorism · Economics · Estimation · Gravity model of trade · International economics · International trade · Political science · Sample (material) · Terrorism · Trade barrier · Law · Terrorism, Counterterrorism, and Political Violence
What We Have Learned about Terrorism since 9/11
Unveiling the nexus
Impact of terror on international trade in financial services
Impact of terrorism on child sex at birth
Asylum Migration, Borders, and Terrorism in a Structural Gravity Model
A game theory model of terrorist mobilization
Home market power and host market protection of foreign investment
The Day After the Bomb
Keeping the Enemies Closer? Exporting Behaviour of Firms Under Conflict
Terror, Output, and Institutions in Africa
Manufacturing industry and terrorism
The impact of terrorism on tax enforcement effectiveness
Terrorism and emergency constitutions in the Muslim world
The impact of terrorism on international mergers and acquisitions
Affinity, arming, consequences, and perceptions
Terrorism and subjective financial well-being
Party leaders and voter responses to political terrorism
Nowhere to Go
Economically Targeted Terrorism
Macroeconomic consequences of terror
The macroeconomic consequences of terrorism
An Econometric Analysis of the Impact of Terrorism on Tourism
Estimating Trade Flows
Terrorism and Foreign Direct Investment in Spain and Greece
The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
Gravity with Gravitas
Terrorism and the world economy
Understanding Terror Networks
Terrorism and international trade
How Much Does Violence Tax Trade
The Changing Nonlinear Relationship between Income and Terrorism
Are Lives a Substitute for Livelihoods? Terrorism, Security, and US Bilateral Imports
Regional Effects of Terrorism on Tourism in Three Mediterranean Countries
Terrorism and the Labor Force
What Do Transnational Terrorists Target? Has It Changed? Are We Safer
The Economic Costs of Conflict
The adverse effect of transnational and domestic terrorism on growth in Africa
Domestic versus transnational terrorism
| Unique citing works | 18 |
|---|---|
| Citations per year | 2,57 |
| Citation span | 2019 - 2026 (8) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 18 |