Arbeitspapier

Terrorism Financing, Recruitment and Attacks: Evidence from a Natural Experiment

I present empirical evidence showing that terrorism financing and recruitment pro- mote terrorist attacks. Pakistan offers an ideal setting for this research due to a natural experiment inducing exogenous variation in terrorism financing. In line with terrorist organisations facing financial frictions, I find a correspondence between the timing and location of finance and the attacks by organisations exposed to this transfer. The effect of financing on attacks increases in recruitment, measured by combining dark web data and machine learning. These results suggest that financial counter-terrorism lowers attacks, which I quantify by estimating the elasticity of terrorist attacks to financing (0.25).

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 287

Klassifikation
Wirtschaft
Corporate Finance and Governance: General
National Security and War
Thema
Terrorism
Finance

Ereignis
Geistige Schöpfung
(wer)
Limodio, Nicola
Ereignis
Veröffentlichung
(wer)
University of Chicago Booth School of Business, Stigler Center for the Study of the Economy and the State
(wo)
Chicago, IL
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Limodio, Nicola
  • University of Chicago Booth School of Business, Stigler Center for the Study of the Economy and the State

Entstanden

  • 2019

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