Arbeitspapier
Can foreign aid dampen the threat of terrorism to international trade? Evidence from 78 developing countries
The 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.
- Sprache
-
Englisch
- Erschienen in
-
Series: AGDI Working Paper ; No. WP/18/032
- Klassifikation
-
Wirtschaft
Macroeconomic Aspects of International Trade and Finance: General
Multinational Firms; International Business
Foreign Aid
Natural Resources and Domestic and International Conflicts
Economic Growth and Aggregate Productivity: General
- Thema
-
Exports
Foreign Aid
Terrorism
Development
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Asongu, Simplice
Leke, Ivo J.
- Ereignis
-
Veröffentlichung
- (wer)
-
African Governance and Development Institute (AGDI)
- (wo)
-
Yaoundé
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Asongu, Simplice
- Leke, Ivo J.
- African Governance and Development Institute (AGDI)
Entstanden
- 2018
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