메뉴 건너뛰기




Volumn 21, Issue 1, 2007, Pages 1-24

Calculating tragedy: Assessing the costs of terrorism

Author keywords

Foreign direct investment; Life satisfaction; National income; Saving sand consumption; Stock market; Subjective well being; Terrorism; Tourism

Indexed keywords

ECONOMIC IMPACT; FOREIGN DIRECT INVESTMENT; STOCK MARKET; TERRORISM;

EID: 33846675582     PISSN: 09500804     EISSN: 14676419     Source Type: Journal    
DOI: 10.1111/j.1467-6419.2007.00505.x     Document Type: Article
Times cited : (260)

References (97)
  • 1
    • 0742303353 scopus 로고    scopus 로고
    • The economic costs of conflict: A case study of the Basque Country
    • Abadie, A. and Gardeazabal, J. (2003) The economic costs of conflict: A case study of the Basque Country. American Economic Review 93: 113-132.
    • (2003) American Economic Review , vol.93 , pp. 113-132
    • Abadie, A.1    Gardeazabal, J.2
  • 3
    • 0000979996 scopus 로고    scopus 로고
    • The colonial origins of comparative development: An empirical investigation
    • Acemoglu, D., Johnson, S. and Robinson, J. A. (2001) The colonial origins of comparative development: An empirical investigation. American Economic Review 91: 1369-1401.
    • (2001) American Economic Review , vol.91 , pp. 1369-1401
    • Acemoglu, D.1    Johnson, S.2    Robinson, J.A.3
  • 5
    • 0028790687 scopus 로고
    • Understanding attacks on tourists in Egypt
    • Aziz, H. (1995) Understanding attacks on tourists in Egypt. Tourism Management 16: 91-95.
    • (1995) Tourism Management , vol.16 , pp. 91-95
    • Aziz, H.1
  • 6
    • 0026277597 scopus 로고
    • Economic growth in a cross section of countries
    • Barro, R. J. (1991) Economic growth in a cross section of countries. Quarterly Journal of Economics 106: 407-443.
    • (1991) Quarterly Journal of Economics , vol.106 , pp. 407-443
    • Barro, R.J.1
  • 7
    • 84896222721 scopus 로고    scopus 로고
    • Prosperity will rise out of the ashes
    • October 29, 2001
    • Becker, G. S. and Murphy, K. (2001) Prosperity will rise out of the ashes. Wall Street Journal October 29, 2001.
    • (2001) Wall Street Journal
    • Becker, G.S.1    Murphy, K.2
  • 8
    • 33750574753 scopus 로고    scopus 로고
    • On terrorism and electoral outcomes: Theory and evidence from the Israeli-Palestinian conflict
    • Berrebi, C. and Klor, E. F. (2006) On terrorism and electoral outcomes: theory and evidence from the Israeli-Palestinian conflict. Journal of Conflict Resolution 50: 899-925.
    • (2006) Journal of Conflict Resolution , vol.50 , pp. 899-925
    • Berrebi, C.1    Klor, E.F.2
  • 14
    • 4344670155 scopus 로고    scopus 로고
    • An empirical analysis of the economic impact of federal terrorism reinsurance
    • Brown, J. R. (2004) An empirical analysis of the economic impact of federal terrorism reinsurance. Journal of Monetary Economics 51: 861-898.
    • (2004) Journal of Monetary Economics , vol.51 , pp. 861-898
    • Brown, J.R.1
  • 16
    • 23044469932 scopus 로고    scopus 로고
    • Does air quality matter? Evidence from the housing market
    • Chay, K. Y. and Greenstone, M. (2004) Does air quality matter? Evidence from the housing market. Journal of Political Economy 113: 376-424.
    • (2004) Journal of Political Economy , vol.113 , pp. 376-424
    • Chay, K.Y.1    Greenstone, M.2
  • 18
    • 31144434179 scopus 로고    scopus 로고
    • September 11 and time-varying beta of United States companies
    • Choudhry, T. (2005) September 11 and time-varying beta of United States companies. Applied Financial Economics 15: 1227-1242.
    • (2005) Applied Financial Economics , vol.15 , pp. 1227-1242
    • Choudhry, T.1
  • 19
    • 0032953410 scopus 로고    scopus 로고
    • On the economic consequences of civil war
    • Collier, P. (1999) On the economic consequences of civil war. Oxford Economic Papers 51: 168-183.
    • (1999) Oxford Economic Papers , vol.51 , pp. 168-183
    • Collier, P.1
  • 20
  • 21
    • 0038463664 scopus 로고    scopus 로고
    • Catastrophic events, parameter uncertainty and the breakdown of implicit long-term contracting: The case of terrorism insurance
    • Cummins, J. D. and Lewis, C. M. (2003) Catastrophic events, parameter uncertainty and the breakdown of implicit long-term contracting: The case of terrorism insurance. Journal of Risk and Uncertainty 26: 153-178.
    • (2003) Journal of Risk and Uncertainty , vol.26 , pp. 153-178
    • Cummins, J.D.1    Lewis, C.M.2
  • 22
    • 0002768272 scopus 로고
    • Contingent valuation: Is some number better than no number?
    • Diamond, P. A. and Hausman, J. A. (1994) Contingent valuation: Is some number better than no number? Journal of Economic Perspectives 8: 45-64.
    • (1994) Journal of Economic Perspectives , vol.8 , pp. 45-64
    • Diamond, P.A.1    Hausman, J.A.2
  • 24
    • 2442565831 scopus 로고    scopus 로고
    • Terrorism-induced structural shifts in financial risk: Airline stocks in the aftermath of the September 11th terror attacks
    • Drakos, K. (2004) Terrorism-induced structural shifts in financial risk: airline stocks in the aftermath of the September 11th terror attacks. European Journal of Political Economy 20: 435-446.
    • (2004) European Journal of Political Economy , vol.20 , pp. 435-446
    • Drakos, K.1
  • 25
    • 0141815560 scopus 로고    scopus 로고
    • Regional effects of terrorism on tourism in three Mediterranean countries
    • Drakos, K. and Kutan, A. M. (2003) Regional effects of terrorism on tourism in three Mediterranean countries. Journal of Conflict Resolution 47: 621-641.
    • (2003) Journal of Conflict Resolution , vol.47 , pp. 621-641
    • Drakos, K.1    Kutan, A.M.2
  • 26
    • 33846666998 scopus 로고    scopus 로고
    • Does terror threaten human rights? Evidence from panel data
    • Mimeo, Swiss Federal Institute of Technology, Zurich
    • Dreher, A., Gassebner, M. and Siems, L. (2006) Does terror threaten human rights?Evidence from panel data. Mimeo, Swiss Federal Institute of Technology, Zurich.
    • (2006)
    • Dreher, A.1    Gassebner, M.2    Siems, L.3
  • 27
    • 4344600591 scopus 로고    scopus 로고
    • Macroeconomic consequences of terror: Theory and the case of Israel
    • Eckstein, Z. and Tsiddon, D. (2004) Macroeconomic consequences of terror: Theory and the case of Israel. Journal of Monetary Economics 51: 971-1002.
    • (2004) Journal of Monetary Economics , vol.51 , pp. 971-1002
    • Eckstein, Z.1    Tsiddon, D.2
  • 28
    • 3042574724 scopus 로고    scopus 로고
    • Calculating tragedy: September 11th compensation
    • Economist June 26, 2004
    • Economist (2004) Calculating tragedy: September 11th compensation. Economist June 26, 2004: 84-85.
    • (2004) Economist , pp. 84-85
  • 31
    • 84899010374 scopus 로고
    • Causality between transnational terrorism and tourism: The case of Spain
    • Enders, W. and Sandler, T. (1991) Causality between transnational terrorism and tourism: The case of Spain. Terrorism 14: 49-58.
    • (1991) Terrorism , vol.14 , pp. 49-58
    • Enders, W.1    Sandler, T.2
  • 32
    • 70350100490 scopus 로고
    • Terrorism: Theory and applications
    • In K. Hartley and T. Sandler (eds.) Amsterdam, New York and Oxford: Elsevier
    • Enders, W. and Sandler, T. (1995) Terrorism: Theory and applications. In K. Hartley and T. Sandler (eds.), Handbook of Defense Economics, Vol. 1 (pp. 213-249). Amsterdam, New York and Oxford: Elsevier.
    • (1995) Handbook of Defense Economics , vol.1 , pp. 213-249
    • Enders, W.1    Sandler, T.2
  • 33
    • 0030456203 scopus 로고    scopus 로고
    • Terrorism and foreign direct investment in Spain and Greece
    • Enders, W. and Sandler, T. (1996) Terrorism and foreign direct investment in Spain and Greece. Kyklos 49: 331-352.
    • (1996) Kyklos , vol.49 , pp. 331-352
    • Enders, W.1    Sandler, T.2
  • 34
    • 0036272249 scopus 로고    scopus 로고
    • Patterns of transnational terrorism, 1970-1999: Alternative time-series estimates
    • Enders, W. and Sandler, T. (2002) Patterns of transnational terrorism, 1970-1999: Alternative time-series estimates. International Studies Quarterly 46: 145-165.
    • (2002) International Studies Quarterly , vol.46 , pp. 145-165
    • Enders, W.1    Sandler, T.2
  • 35
    • 84980250886 scopus 로고
    • An econometric analysis of the impact of terrorism on tourism
    • Enders W., Sandler, T. and Parise, G. F. (1992) An econometric analysis of the impact of terrorism on tourism. Kyklos 45: 531-554.
    • (1992) Kyklos , vol.45 , pp. 531-554
    • Enders, W.1    Sandler, T.2    Parise, G.F.3
  • 37
    • 3242879717 scopus 로고    scopus 로고
    • How important is methodology for the estimates of the determinants of happiness?
    • Ferrer-i-Carbonell, A. and Frijters, P. (2004) How important is methodology for the estimates of the determinants of happiness? Economic Journal 114: 641-659.
    • (2004) Economic Journal , vol.114 , pp. 641-659
    • Ferrer-i-Carbonell, A.1    Frijters, P.2
  • 38
    • 0041303431 scopus 로고    scopus 로고
    • Counting the cost of the intifada: Consumption, saving and political instability in Israel
    • Fielding, D. (2003a) Counting the cost of the intifada: Consumption, saving and political instability in Israel. Public Choice 116: 297-312.
    • (2003) Public Choice , vol.116 , pp. 297-312
    • Fielding, D.1
  • 39
    • 0037321862 scopus 로고    scopus 로고
    • Modelling political instability and economic performance: Israeli investment during the intifada
    • Fielding, D. (2003b) Modelling political instability and economic performance: Israeli investment during the intifada. Economica 70: 159-186.
    • (2003) Economica , vol.70 , pp. 159-186
    • Fielding, D.1
  • 40
    • 33846662093 scopus 로고    scopus 로고
    • After the Madrid bombings. Triumph of terrorism or victory for democracy? Spain's stunning election results asks tough question of Europe
    • Financial Times March 16, 2004
    • Financial Times (2004) After the Madrid bombings. Triumph of terrorism or victory for democracy?Spain's stunning election results asks tough question of Europe. Financial Times March 16, 2004: P. 11.
    • (2004) Financial Times March , pp. 11
  • 41
    • 0036309950 scopus 로고    scopus 로고
    • War, terror, and the tourism market in Israel
    • Fleischer, A. and Buccola, S. (2002) War, terror, and the tourism market in Israel. Applied Economics 34: 1335-1343.
    • (2002) Applied Economics , vol.34 , pp. 1335-1343
    • Fleischer, A.1    Buccola, S.2
  • 43
    • 0041589854 scopus 로고    scopus 로고
    • How to fight terrorism: Alternatives to deterrence
    • Frey, B. S. and Luechinger, S. (2003) How to fight terrorism: alternatives to deterrence. Defence and Peace Economics 14: 237-249.
    • (2003) Defence and Peace Economics , vol.14 , pp. 237-249
    • Frey, B.S.1    Luechinger, S.2
  • 47
    • 0001262316 scopus 로고    scopus 로고
    • What can economists learn from happiness research?
    • Frey, B. S. and Stutzer, A. (2002b) What can economists learn from happiness research? Journal of Economic Literature 40: 402-435.
    • (2002) Journal of Economic Literature , vol.40 , pp. 402-435
    • Frey, B.S.1    Stutzer, A.2
  • 48
    • 0002627236 scopus 로고
    • Arming as a strategic investment in a cooperative equilibrium
    • Garfinkel, M. R. (1990) Arming as a strategic investment in a cooperative equilibrium. American Economic Review 80: 50-68.
    • (1990) American Economic Review , vol.80 , pp. 50-68
    • Garfinkel, M.R.1
  • 49
    • 0028568868 scopus 로고
    • Domestic politics and international conflict
    • Garfinkel, M. R. (1994) Domestic politics and international conflict. American Economic Review 84: 1294-1309.
    • (1994) American Economic Review , vol.84 , pp. 1294-1309
    • Garfinkel, M.R.1
  • 50
    • 0036131423 scopus 로고    scopus 로고
    • Cities and warfare: The impact of terrorism on urban form
    • Glaeser, E. L. and Shapiro, J. M. (2002) Cities and warfare: The impact of terrorism on urban form. Journal of Urban Economics 51: 205-224.
    • (2002) Journal of Urban Economics , vol.51 , pp. 205-224
    • Glaeser, E.L.1    Shapiro, J.M.2
  • 51
    • 0001623880 scopus 로고
    • A general equilibrium model of insurrections
    • Grossman, H. I. (1991) A general equilibrium model of insurrections. American Economic Review 81: 912-921.
    • (1991) American Economic Review , vol.81 , pp. 912-921
    • Grossman, H.I.1
  • 53
    • 0001870183 scopus 로고
    • Valuing the environment through contingent valuation
    • Hanemann, W. M. (1994) Valuing the environment through contingent valuation. Journal of Economic Perspectives 8: 19-43.
    • (1994) Journal of Economic Perspectives , vol.8 , pp. 19-43
    • Hanemann, W.M.1
  • 56
    • 0000188736 scopus 로고
    • War politics: An economic, rational-voter framework
    • Hess, G. D. and Orphanides, A. (1995) War politics: An economic, rational-voter framework. American Economic Review 85: 828-846.
    • (1995) American Economic Review , vol.85 , pp. 828-846
    • Hess, G.D.1    Orphanides, A.2
  • 57
    • 0003973836 scopus 로고    scopus 로고
    • Economic conditions, elections, and the magnitude of foreign conflicts
    • Hess, G. D. and Orphanides, A. (2001) Economic conditions, elections, and the magnitude of foreign conflicts. Journal of Public Economics 80: 121-140.
    • (2001) Journal of Public Economics , vol.80 , pp. 121-140
    • Hess, G.D.1    Orphanides, A.2
  • 58
    • 0004095933 scopus 로고    scopus 로고
    • New York: Columbia University Press
    • Hoffman, B. (1998) Inside Terrorism. New York: Columbia University Press.
    • (1998) Inside Terrorism
    • Hoffman, B.1
  • 59
    • 84977367038 scopus 로고
    • Cycles and substitutions in terrorist activities: A spectral approach
    • Im, E. I., Cauley, J. and Sandler, T. (1987) Cycles and substitutions in terrorist activities: A spectral approach. Kyklos 40: 238-255.
    • (1987) Kyklos , vol.40 , pp. 238-255
    • Im, E.I.1    Cauley, J.2    Sandler, T.3
  • 60
    • 84924122760 scopus 로고    scopus 로고
    • How has September 11 influenced the global economy
    • International Monetary Fund Chapter 2
    • International Monetary Fund (2001) How has September 11 influenced the global economy. World Economic Outlook, Chapter 2.
    • (2001) World Economic Outlook
  • 61
    • 11244339020 scopus 로고    scopus 로고
    • Assessing the impact of the September 11 terrorist attacks on U.S. airline demand
    • Ito, H. and Lee, D. (2005) Assessing the impact of the September 11 terrorist attacks on U.S. airline demand. Journal of Economics and Business 57: 75-95.
    • (2005) Journal of Economics and Business , vol.57 , pp. 75-95
    • Ito, H.1    Lee, D.2
  • 62
    • 0002317729 scopus 로고    scopus 로고
    • Objective happiness
    • In D. Kahneman, E. Diener and N. Schwarz (eds.) New York, NY: Russell Sage Foundation
    • Kahneman, D. (1999) Objective happiness. In D. Kahneman, E. Diener and N. Schwarz (eds.), Well Being: The Foundations of Hedonic Psychology (pp. 3-25). New York, NY: Russell Sage Foundation.
    • (1999) Well Being: The Foundations of Hedonic Psychology , pp. 3-25
    • Kahneman, D.1
  • 63
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decision under risk
    • Kahneman, D. and Tversky, A. (1979) Prospect theory: An analysis of decision under risk. Econometrica 47: 263-291.
    • (1979) Econometrica , vol.47 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 65
    • 2442602908 scopus 로고    scopus 로고
    • Education, poverty and terrorism: Is there a causal connection?
    • Krueger, A. B. and Maleckova, J. (2003) Education, poverty and terrorism: Is there a causal connection? Journal of Economic Perspectives 17: 119-144.
    • (2003) Journal of Economic Perspectives , vol.17 , pp. 119-144
    • Krueger, A.B.1    Maleckova, J.2
  • 67
    • 4344599096 scopus 로고    scopus 로고
    • Payment system disruptions and the Federal Reserve following September 11, 2001
    • Lacker, J. M. (2004) Payment system disruptions and the Federal Reserve following September 11, 2001. Journal of Monetary Economics 51: 935-965.
    • (2004) Journal of Monetary Economics , vol.51 , pp. 935-965
    • Lacker, J.M.1
  • 68
    • 0141668396 scopus 로고
    • Free riding and paid riding in the fight against terrorism
    • Lee, D. R. (1988) Free riding and paid riding in the fight against terrorism. American Economic Review 78: 22-26.
    • (1988) American Economic Review , vol.78 , pp. 22-26
    • Lee, D.R.1
  • 73
    • 0036131422 scopus 로고    scopus 로고
    • Terrorism and U.S. real estate
    • Mills, E. S. (2002) Terrorism and U.S. real estate. Journal of Urban Economics 51: 198-204.
    • (2002) Journal of Urban Economics , vol.51 , pp. 198-204
    • Mills, E.S.1
  • 74
    • 0042344313 scopus 로고    scopus 로고
    • September 2001: Assessing the cost of terrorism
    • Navarro, P. and Spencer, A. (2001) September 2001: Assessing the cost of terrorism. Milken Institute Review 2: 16-31.
    • (2001) Milken Institute Review , vol.2 , pp. 16-31
    • Navarro, P.1    Spencer, A.2
  • 75
    • 2442624711 scopus 로고    scopus 로고
    • Terrorism and international trade: An empirical investigation
    • Nitsch, V. and Schumacher, D. (2004) Terrorism and international trade: an empirical investigation. European Journal of Political Economy 20: 423-433.
    • (2004) European Journal of Political Economy , vol.20 , pp. 423-433
    • Nitsch, V.1    Schumacher, D.2
  • 79
    • 0002546842 scopus 로고
    • The contingent valuation debate: Why economists should care
    • Portney, P. R. (1994) The contingent valuation debate: Why economists should care. Journal of Economic Perspectives 8: 3-17.
    • (1994) Journal of Economic Perspectives , vol.8 , pp. 3-17
    • Portney, P.R.1
  • 82
    • 0000308219 scopus 로고
    • The calculus of dissent: An analysis of terrorists' choice of targets
    • Sandler, T. and Lapan, H. E. (1988) The calculus of dissent: An analysis of terrorists' choice of targets. Synthese 76: 245-261.
    • (1988) Synthese , vol.76 , pp. 245-261
    • Sandler, T.1    Lapan, H.E.2
  • 83
    • 0002365575 scopus 로고
    • The life you save may be your own
    • In S. B. Chase (ed.) Washington, DC: The Brookings Institution
    • Schelling, T. C. (1968) The life you save may be your own. In S. B. Chase (ed.), Problems in Public Expenditure Analysis (pp. 127-176). Washington, DC: The Brookings Institution.
    • (1968) Problems in Public Expenditure Analysis , pp. 127-176
    • Schelling, T.C.1
  • 84
    • 1942495094 scopus 로고    scopus 로고
    • From efficient markets theory to behavioral finance
    • Shiller, R. J. (2003) From efficient markets theory to behavioral finance. Journal of Economic Perspectives 17: 83-104.
    • (2003) Journal of Economic Perspectives , vol.17 , pp. 83-104
    • Shiller, R.J.1
  • 85
    • 0037659750 scopus 로고    scopus 로고
    • Assessing the effects of terrorism on tourism by use of time series methods
    • Sloboda, B. W. (2003) Assessing the effects of terrorism on tourism by use of time series methods. Tourism Economics 9: 179-190.
    • (2003) Tourism Economics , vol.9 , pp. 179-190
    • Sloboda, B.W.1
  • 86
    • 0037273477 scopus 로고    scopus 로고
    • Helping a victim or helping the victim: Altruism and identifiability
    • Small, D. A. and Loewenstein, G. (2003) Helping a victim or helping the victim: Altruism and identifiability. Journal of Risk and Uncertainty 26: 5-16.
    • (2003) Journal of Risk and Uncertainty , vol.26 , pp. 5-16
    • Small, D.A.1    Loewenstein, G.2
  • 89
    • 4344639037 scopus 로고
    • On the macroeconomics of defense expenditures
    • Hebrew University
    • Tsiddon, D. (1995) On the macroeconomics of defense expenditures. Mimeo, Jerusalem: Hebrew University.
    • (1995)
    • Tsiddon, D.1
  • 90
    • 0003891710 scopus 로고    scopus 로고
    • US Department of State (various years) Washington, DC: US Department of State
    • US Department of State (various years) Patterns of Global Terrorism. Washington, DC: US Department of State.
    • Patterns of Global Terrorism
  • 91
    • 13344282032 scopus 로고    scopus 로고
    • Using happiness surveys to value intangibles: The case of airport noise
    • Van Praag, B. M. S. and Baarsma, B. E. (2005) Using happiness surveys to value intangibles: The case of airport noise. Economic Journal 115: 224-246.
    • (2005) Economic Journal , vol.115 , pp. 224-246
    • Van Praag, B.M.S.1    Baarsma, B.E.2
  • 93
    • 32444440425 scopus 로고    scopus 로고
    • Trade impacts of increased border security concerns
    • Walkenhorst, P. and Dihel, N. (2006) Trade impacts of increased border security concerns. The International Trade Journal 80: 1-31.
    • (2006) The International Trade Journal , vol.80 , pp. 1-31
    • Walkenhorst, P.1    Dihel, N.2
  • 94
    • 0036441112 scopus 로고    scopus 로고
    • Preferences over prosperity and pollution: Environmental valuation based on happiness surveys
    • Welsch, H. (2002) Preferences over prosperity and pollution: environmental valuation based on happiness surveys. Kyklos 55: 473-494.
    • (2002) Kyklos , vol.55 , pp. 473-494
    • Welsch, H.1
  • 95
    • 0036129057 scopus 로고    scopus 로고
    • Local public finance in the aftermath of September 11
    • Wildasin, D. E. (2002) Local public finance in the aftermath of September 11. Journal of Urban Economics 51: 225-237.
    • (2002) Journal of Urban Economics , vol.51 , pp. 225-237
    • Wildasin, D.E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.