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The welfare costs of terrorism

dc.contributor.authorVorsina, Margarita
dc.contributor.authorManning, Matthew
dc.contributor.authorFleming, Christopher Mark
dc.contributor.authorAmbrey, Christopher L
dc.contributor.authorSmith, Christine
dc.coverage.spatialBrisbane, Australia
dc.date.accessioned2016-06-14T23:21:32Z
dc.date.created7-10 July 2015
dc.date.issued2015
dc.date.updated2016-06-14T09:14:52Z
dc.description.abstractData from 117 countries over the period 2006 to 2011 are used to estimate a macroeconomic cross-country system of equations that examines the association between terrorism, self-reported life satisfaction and national income. Results indicate that terrorism is negatively associated with life satisfaction, whereas no such association is found between terrorism and real GDP per worker. Stark contrasts are found, however, between OECD and non-OECD members. In all, our results suggest that the social costs of terrorism are potentially much higher than the economic costs, and measuring only the conventional economic costs of terrorism significantly underestimates the true costs.
dc.identifier.urihttp://hdl.handle.net/1885/103954
dc.publisherQUT Conferences
dc.relation.ispartofseriesAustralian Conference of Economists
dc.rightsAffiliation has been added
dc.sourceProgram ACE 2015
dc.source.urihttps://editorialexpress.com/conference/ACE2015/program/ACE2015.html
dc.titleThe welfare costs of terrorism
dc.typeConference paper
local.contributor.affiliationVorsina, Margarita, College of Arts and Social Sciences, ANU
local.contributor.affiliationManning, Matthew, College of Arts and Social Sciences, ANU
local.contributor.affiliationFleming, Christopher Mark, Griffith University
local.contributor.affiliationAmbrey, Christopher L, Griffith University
local.contributor.affiliationSmith, Christine, Griffith University
local.contributor.authoruidVorsina, Margarita, u5462940
local.contributor.authoruidManning, Matthew, u5668544
local.description.embargo2037-12-31
local.description.notesImported from ARIES
local.description.refereedYes
local.identifier.absfor140299 - Applied Economics not elsewhere classified
local.identifier.absfor160510 - Public Policy
local.identifier.absfor140302 - Econometric and Statistical Methods
local.identifier.absseo910103 - Economic Growth
local.identifier.absseo920408 - Health Status (e.g. Indicators of Well-Being)
local.identifier.absseo940402 - Crime Prevention
local.identifier.ariespublicationu5462940xPUB12
local.type.statusPublished Version

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