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Are lives a substitute for livelihoods ? Terrorism, security, and U.S. bilateral imports (الإنجليزية)

What is the impact of terrorism on trade through higher security at the borders? The authors set up a theory which shows that the impact goes not only from terrorism to trade. Higher trade with a partner might, in turn, increase the probability of terrorism acts and make security measures more costly for total welfare. To identify the true impact of terrorism, their theory allows for a strategy to condition out the latter mechanism. The authors show...
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نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)


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