“…In this paper, coding is based on the GTD, which has been widely used in the literature (e.g. Trebbi and Weese, 2019; Rigterink, 2021; Peffeley et al, 2015; Piazza, 2020). Drawing on natural language processing and other computational techniques, the GTD looked at news sources around the world and documented more than 200,000 terrorist attacks (including 95,000 bombings, 20,000 assassinations and 15,000 kidnappings and hostage events) from 1970 to 2019.…”