Conditional Linkages Between Iron Ore Exports, Foreign Aid and Terrorism

Asongu, Simplice; Nwachukwu, Jacinta C.

doi:10.2139/ssrn.2840840

Cited by 4 publications

(7 citation statements)

References 69 publications

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“… While the empirics on Unclear terrorism is not really theoretically/empirically relevant to the research question, we are disclosing the findings related to Unclear terrorism for two main reasons: expositional and informational motives on the one hand and on the other hand, to remain consistent with recent literature that has employed all four types of terrorism variables (Asongu and Nwachukwu, ; Efobi and Asongu, ). …”

supporting

confidence: 58%

“…In essence, the estimation strategy is in accordance with the bulk of evidence on cross-country income convergence that have been examined within the framework of pioneering studies in classical growth 3. While the empirics on Unclear terrorism is not really theoretically/empirically relevant to the research question, we are disclosing the findings related to Unclear terrorism for two main reasons: expositional and informational motives on the one hand and on the other hand, to remain consistent with recent literature that has employed all four types of terrorism variables (Asongu and Nwachukwu, 2016b;Efobi and Asongu, 2016).…”

Section: Methodsmentioning

confidence: 50%

“…In the light of the above, there is a growing scholarly focus on the effects of terrorism on macroeconomic variables. It has focused on inter alia: the impact of terrorism on foreign direct investment (Abadie and Gardeazabal, ; Powers and Choi, ), nexuses between terrorists activities and economic development (Choi, ; Meierrieks and Gries, ), resource‐wealth in the management of conflicts (Humphreys, ), the effect of terrorism on innovation (Koh, ) and the role of development assistance in reducing the potentially negative impact of terrorism on macroeconomic outcomes (Asongu and Nwachukwu, ; Bandyopadhyay et al ., ; Bandyopadhyay and Younas, ; Efobi et al ., ). This study is closest to the last strand of the literature.…”

Section: Introductionmentioning

confidence: 99%

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Fighting Terrorism: Empirics on Policy Harmonisation

Asongu

Nwachukwu

2018

German Economic Review

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This paper models the feasibility of common policy initiatives against global terrorism, as well as timelines for their enforcement. The empirical evidence is based on 78 developing countries for the period 1984–2008. Domestic, transnational, unclear and total terrorism variables are used. Absolute (or unconditional) and conditional catch‐ups are estimated using Generalised Method of Moments. We establish consistently that, the rate of catch‐up is higher in domestic terrorism relative to transnational terrorism. The time to full catch‐up required for the implementation of common policies without distinction of nationality is found to be in a horizon of 13–20 years for domestic terrorism and 24–28 years for transnational terrorism. Hence, from a projection date of 2009, in spite of decreasing cross‐country differences in terrorists’ attacks, there is still a long way to go before feasible common policy initiatives can be fully implemented without distinction of nationality. The paper is original by its contribution to the empirics of conflict resolution through decreasing cross‐country differences in terrorism tendencies. Policy implications are discussed.

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supporting

confidence: 58%

Section: Methodsmentioning

confidence: 50%

Section: Introductionmentioning

confidence: 99%

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Fighting Terrorism: Empirics on Policy Harmonisation

Asongu

Nwachukwu

2018

German Economic Review

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“…The established findings clarify Asongu and Nwachukwu (2016a) who have concluded that bilateral aid is more relevant at dampening the negative effects of total terrorism and domestic terrorism on iron ore exports. Hence, when trade is considered in the broad sense, the policy relevance of foreign aid is not restricted to the total and domestic dimensions terrorism.…”

Section: Concluding Implications and Further Research Directionssupporting

confidence: 56%

“…Terrorism represents one the most challenging contemporary policy syndromes to shared global prosperity. The trade channel is one of the mechanisms via which the scourge affects cross-country development (Asongu & Nwachukwu, 2016a). Against this backdrop, a growing body of literature has focused on investigating tools with which conflicts and terrorism can be attenuated (if not eradicated).…”

Section: Introductionmentioning

confidence: 99%

Can Foreign Aid Dampen the Threat of Terrorism to International Trade? Evidence from 78 Developing Countries

Asongu

Leke

2018

Arthaniti: Journal of Economic Theory and Practice

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Disclaimer: AFEA Working Papers describe research in progress by the author(s) that has been peerreviewed and forthcoming in scientific outlets. There is a tacit acknowledgement of anonymous referees for constructive suggestions and critiques that have helped improve the content and rigour of the study. Each research stands on its merit and the views expressed in AFEA Working Papers are those of the author(s) and do not necessarily represent the views of the AFEA, its Executive Board, or AFEA management. AbstractThe study investigates whether development assistance can be used to crowd-out the negative effect of terrorism on international trade. The empirical evidence is based on a panel of 78 developing countries for the period 1984-2008 and Quantile Regressions. The following main findings are established. First, bilateral aid significantly reduces the negative effect of transnational terrorism on trade in the top quantiles of the trade distribution. Second, multilateral aid also significantly mitigates the negative effect of terrorism dynamics on trade in the top quantiles of the trade distributions. It follows that it is primarily in countries with above median levels of international trade that development assistance can be used as an effective policy tool for dampening the adverse effects of terrorism on trade. Practical implications are discussed. JEL Classification: F40; F23; F35;Q34 ; O40

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The Comparative African Economics of Governance in Fighting Terrorism

et al. 2018

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Disclaimer: AFEA Working Papers describe research in progress by the author(s) that has been peer-reviewed and forthcoming in scientific outlets. There is a tacit acknowledgement of anonymous referees for constructive suggestions and critiques that have helped improve the content and rigour of the study. Each research stands on its merit and the views expressed in AFEA Working Papers are those of the author(s) and do not necessarily represent the views of the AFEA, its Executive Board, or AFEA management. AbstractThis study assesses the comparative economics of governance in fighting terrorism in 53 African countries for period 1996-2012. Four terrorism variables are used, namely: domestic, transnational, unclear and total terrorism dynamics. Nine bundled and unbundled governance variables are employed, notably: political stability/no violence, voice & accountability, political governance, government effectiveness, regulation quality, economic governance, corruption-control, the rule of law and institutional governance. The empirical evidence is based on Fixed Effects regressions. In the analytical procedure, we first bundle governance indicators by means of principal component analysis before engaging the empirical exercise with the full sample. In the final step, specifications are based on a decomposed full sample in order to articulate the fundamental characteristics for comparative purposes. The following broad findings are established. First, good governance is an appealing tool in fighting terrorism. Second, the relevance of the good governance dynamics is as follows in order of increasing relevance: economic governance, institutional governance and political governance. The findings are presented in increasing order of magnitude to emphasise fundamental features in which governance dynamics have the highest effect in mitigating terrorism. JEL Classification: C52; D74; F42; O38 ; P37

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Conditional Linkages Between Iron Ore Exports, Foreign Aid and Terrorism

Cited by 4 publications

References 69 publications

Fighting Terrorism: Empirics on Policy Harmonisation

Fighting Terrorism: Empirics on Policy Harmonisation

Can Foreign Aid Dampen the Threat of Terrorism to International Trade? Evidence from 78 Developing Countries

The Comparative African Economics of Governance in Fighting Terrorism

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