The Economic Costs of Conflict: A Case Study of the

  title={The Economic Costs of Conflict: A Case Study of the},
  author={Basque Country and Alberto Abadie and Javier Gardeaz{\'a}bal},
This article investigates the economic eects of conict, using the terrorist conict in the Basque Country as a case study. Our analysis rests on two dierent strategies. First, we use a combination of other regions to construct a \synthetic" control region which resembles many relevant economic characteristics of the Basque Country before the outset of political terrorism in the 1970’s. The subsequent economic evolution of this \counterfactual" Basque Country without terrorism is compared to the… Expand
The Economic Cost of Armed Conflict
This paper estimates the distribution of the effect of armed conflict on real GDP per capita and investment. For each conflict, we construct a synthetic control from a set of conflict-free countriesExpand
In this article, the economic impact of diminishing levels of uncertainty on investment, as a result of conflict resolution processes, is tested by means of a case study on a European region largelyExpand
Thirty Years of Conflict and Economic Growth in Turkey: A Synthetic Control Approach
This study seeks to estimate the economic effects of PKK terrorism in Turkey in a causal framework. We create a synthetic control group that reproduces the Turkish real per capita Gross DomesticExpand
The Economic Costs of Separatist Terrorism in Turkey
Turkey has been suffering from separatist terrorism and the political conflict it implies since the mid-1980s, both of which are believed to have a negative impact on economic welfare. This articleExpand
The Economic Consequences of Organized Crime: Evidence from Southern Italy
I examine the post-war economic growth of two regions in southern Italy exposed to the presence of maa organizations after the 1970s and apply synthetic control methods to estimate theirExpand
Dismantling terrorist's economics: the case of ETA.
This article aims to analyze the sources of terrorist financing for the case of the Basque terrorist organization ETA. It takes into account the network of entities that, under the leadership andExpand
The Economic Effects of Terrorism : Counterfactual Analysis of the Case of Israel
The paper evaluates the effect of Palestinian terror on the Israeli economy by using counterfactual methodology and quarterly data for the macroeconomic aggregates of OECD countries and Israel fromExpand
The Economic Effects of International Administrations: The Cases of Kosovo and East Timor
Does the involvement of foreign third parties in the management of a country in the wake of a civil war have positive or negative economic effects? The approaches used to address this question in theExpand
PERUVIAN ECONOMIC ASSOCIATION The economic effects of international administrations: The cases of Kosovo and East Timor
Does the involvement of foreign third parties in the post-conflict management of a country in the wake of a civil war have positive or negative economic effects? The approaches used to address thisExpand
Economic Costs of Conflict: Designated studies in the Middle East
This paper investigates the economic costs of conflict and wars in the Middle East. By providing an overall view of the region as well as using narrative-based country-case studies of Iraq’s invasionExpand


Poverty, the Coup Trap, and the Seizure of Executive Power
The transfer of power through the use of military force is a commonplace event in world affairs. Although no two coups d'etat are alike, they all have a common denominator: poverty. We analyzeExpand
Terrorism and foreign direct investment in spain and greece
This paper puts forward a time-series methodology for quantifying the impact that terrorist incidents have had on net foreign direct investment. For Spain, a transfer function is used forExpand
Education, Poverty, Political Violence and Terrorism: Is There a Causal Connection?
The paper investigates whether there is a causal link between poverty or low education and participation in politically motivated violence and terrorist activities. After presenting a discussion ofExpand
Calculating Tragedy: Assessing the Costs of Terrorism
The trends and consequences of terrorist activities are often captured by counting the number of incidents and casualties. More recently, the effects of terrorist acts on various aspects of theExpand
Income Distribution, Political Instability, and Investment
This paper successfully tests on a sample of 70 countries for the period 1960-85 the following hypotheses. Income inequality, by fueling social discontent, increases socio-political instability. TheExpand
Political instability and economic growth
This paper investigates the relationship between political instability and per capita GDP growth in a sample of 113 countries for the period 1950 through 1982. We define political instability as theExpand
Social conflict and growth
Despite the predictions of the neoclassical theory of economic growth, we observe that poor countries have invested at lower rates and have not grown faster than rich countries. To explain theseExpand
Greed and Grievance in Civil War
We investigate the causes of civil war, using a new data set of wars during 1960-99. We test a `greed’ theory focusing on the ability to finance rebellion, against a`grievance’ theory focusing onExpand
The Growth of Nations
AVERAGE INCOMES in the world's richest countries are more than ten times as high as in the world's poorest countries. It is apparent to anyone who travels the world that these large differences inExpand
Causality between transnational terrorism and tourism: The case of Spain
Abstract The purpose of this paper is to devise a methodology for estimating the impact of transnational terrorism on tourism. Using monthly data from 1970–1988, we estimate the relationship betweenExpand