Effects of neighboring nation terrorism on imports.

We consider the effects of terrorism in a home nation and in its neighbors on the home nation's imports. We find that a 10% increase in terrorist attacks in a neighboring nation reduces a country's imports from the rest of the world by approximately $320 million USD, on average. Mediation analysis s...

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Publicado en:Southern Economic Journal Vol. 88; no. 1; pp. 144 - 168
Autores principales: Bandyopadhyay, Subhayu, Doucouliagos, Hristos, Pham, Cong S.
Formato: Artículo
Publicado: Wiley-Blackwell Jul2021
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: Effects of neighboring nation terrorism on imports.
      aug:
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          Bandyopadhyay, Subhayu
          Doucouliagos, Hristos
          Pham, Cong S.
        affil:
          Research Division, Federal Reserve Bank of St. Louis, St. Louis Missouri,, USA
          Department of Economics, Deakin Business School, and Alfred Deakin Institute of Citizenship and Globalization, Deakin University, Geelong Victoria,, Australia
          Department of Economics, Deakin Business School, Deakin University, Geelong Victoria,, Australia
      su:
        Terrorism
        Neighbors
        Imports
        U.S. dollar
      sug:
        subj:
          Terrorism
          Neighbors
          Imports
          U.S. dollar
      keyword:
        bilateral imports
        spillovers
        terrorism
        bilateral imports
        spillovers
        terrorism
      ab: We consider the effects of terrorism in a home nation and in its neighbors on the home nation's imports. We find that a 10% increase in terrorist attacks in a neighboring nation reduces a country's imports from the rest of the world by approximately $320 million USD, on average. Mediation analysis shows that trading delays is a potential channel of transmission of trade costs of terrorism to a neighbor. We also present a monopolistically competitive theoretical model to throw light on our empirical results.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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