Which terror at which cost? On the economic consequences of terrorist attacks
Llussá, F., J. Tavares
,
(2011)
,
"Which terror at which cost? On the economic consequences of terrorist attacks"
,
Economics Letters
,
110
,
52-55
.
CEFAGE Author(s)
Fernanda Antonia Josefa Llussá
Abstract
We assess the cost of different types of terrorist attacks on the growth of output and of its components. Private Consumption and Private 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.