2017
DOI: 10.7816/ulakbilge-05-14-09
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Relationship Between Terrorism and Macroeconomic Variables: Especially Import of Crude Oil and Natural Gas in Turkey

Abstract: The main purpose of this study is to observe the interaction between terrorism and energy-crude oil and natural gas import-in Turkey. It also observes the linkage between terrorism and other macroeconomic variables: exchange rate, gross domestic product, foreign direct investment, interest rate and inflation rate. Here, the study considers a time series data of macroeconomic variables' growth rate which is calculated by using natural log formula. Besides, it runs correlation and scatterplot to find out the con… Show more

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Cited by 2 publications
(1 citation statement)
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“…Forecasting with Box-Cox transformation is more accurate than the original data used. Yuce Dural & Jahangir (2017) linked terrorist activities to oil and gas imports in Turkey; the results show that terrorist activities have a positive correlation to oil and gas imports; this cannot be separated from the unstable economic conditions in Turkey and the significant contribution of the oil and gas sector in Turkey.…”
Section: Introductionmentioning
confidence: 97%
“…Forecasting with Box-Cox transformation is more accurate than the original data used. Yuce Dural & Jahangir (2017) linked terrorist activities to oil and gas imports in Turkey; the results show that terrorist activities have a positive correlation to oil and gas imports; this cannot be separated from the unstable economic conditions in Turkey and the significant contribution of the oil and gas sector in Turkey.…”
Section: Introductionmentioning
confidence: 97%