2004
DOI: 10.1080/07266472.2004.10878730
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A Time Bomb for Global Trade: Maritime-related Terrorism in an Age of Weapons of Mass Destruction

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Cited by 20 publications
(27 citation statements)
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“…This implies terrorist activities may exert some positive effects in countries with the highest levels of iron ore exports. The causality flowing from terrorism to iron ore exports is broadly consistent with the results of De Sousa et al (2009ab), Richardson (2004) and Nitsch and Schumacher (2004) on the terrorism-trade nexus discussed in the literature. A logical explanation for this unexpected positive effect is that countries with the highest levels of iron ore exports may be inclined to increase production in an attempt to boost the much needed government revenue essential for combating rising terrorism.…”
Section: Further Discussion and Policy Implicationssupporting
confidence: 79%
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“…This implies terrorist activities may exert some positive effects in countries with the highest levels of iron ore exports. The causality flowing from terrorism to iron ore exports is broadly consistent with the results of De Sousa et al (2009ab), Richardson (2004) and Nitsch and Schumacher (2004) on the terrorism-trade nexus discussed in the literature. A logical explanation for this unexpected positive effect is that countries with the highest levels of iron ore exports may be inclined to increase production in an attempt to boost the much needed government revenue essential for combating rising terrorism.…”
Section: Further Discussion and Policy Implicationssupporting
confidence: 79%
“…Moreover, motivated by the Choi (2015) recommendation (on the imperative for more policy variables), two main foreign aid variables are employed to avail room for more policy implications, notably: bilateral and multilateral aid. Based on the established evidence that terrorism reduces trade openness (Richardson, 2004;De Sousa et al, 2009ab), the intuition for involving development assistance is essentially to investigate whether foreign aid can reduce a hypothetically negative 'iron ore exports'-terrorism nexus.…”
Section: Introductionmentioning
confidence: 99%
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“…Seventeen sailors were killed and 40 wounded, with estimated damages of US$250 million to the ship. 79 Six men, all of whom fought in Afghanistan against the Soviets, were arrested for the attack. Intelligence gained from this arrest led to a missile attack by the US on 5 November 2002 from a Predator unmanned aerial vehicle (UAV) on a vehicle driven by Al Qaeda operatives.…”
mentioning
confidence: 99%