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- Title
THE ECONOMIC DETERMINANTS OF TERRORISM.
- Authors
Cruz Lugovskyy, Josephine
- Abstract
The connection between terrorism and economic, political, and social unrest is a topic of much interest in the time since the September 11, 2001 terror attacks on the World Trade Center and the Pentagon. Current research indicates that there is a significant relationship between economic factors (such as country income, unemployment, and economic growth), social factors (such as population, income disparity, and political freedom), and the number of terrorist events worldwide. These results imply that terrorist activity is indicative of larger problems with the economic and political fundamentals. I examine the country- level determinants of terrorism using data on 148 countries from 1990-2008. Using Hausman-Taylor estimation, I find that social variables such as education levels and democracy variables have more of an effect on terrorism than economic variables like country income and employment rates.
- Publication
International Journal of the Academic Business World, 2014, Vol 8, Issue 2, p51
- ISSN
1942-6089
- Publication type
Academic Journal