Discussion paper

DP8077 Which Terror at Which Cost? On the Economic Consequences of Terrorist Attacks

We assess the cost of different types of terrorist attacks on the growth of output and of its components. Private Consumption and Investment are significantly and negatively affected by all terror indicators, and the largest impact is respectively associated with the number of victims or the number of attacks.

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Citation

Tavares, J and F Llussá (2010), ‘DP8077 Which Terror at Which Cost? On the Economic Consequences of Terrorist Attacks‘, CEPR Discussion Paper No. 8077. CEPR Press, Paris & London. https://cepr.org/publications/dp8077