Brutality or frequency? An empirical investigation of the effects of terrorism on economic growth in India
Document Type
Article
Source of Publication
Revue Economique
Publication Date
11-14-2016
Abstract
© Presses de Sciences Po (P.F.N.S.P.). Tous droits réservés pour tous pays. In this paper we investigate the effects of terrorism on economic growth in India. Using a Markov switching model, we find evidence that terror has a significant and negative impact on Indian economic growth. Our empirical results also show that the magnitude of these effects is larger in periods of high growth. Finally, we compare the magnitude of the effects of the "brutality" and the "frequency" of terror attacks, and conclude that the effect of the frequency is slightly higher than the effect of the brutality.
DOI Link
ISSN
Publisher
Presses de Sciences Po
Volume
67
Issue
6
First Page
1141
Last Page
1151
Disciplines
Business | Social and Behavioral Sciences
Scopus ID
Recommended Citation
Arin, K. Peren; Spagnolo, Fabio; and Spagnolo, Nicola, "Brutality or frequency? An empirical investigation of the effects of terrorism on economic growth in India" (2016). All Works. 776.
https://zuscholars.zu.ac.ae/works/776
Indexed in Scopus
yes
Open Access
no