Trade Impacts of the Terrorist Attacks of 11 September 2001 : A Quantitative Assessment

  title={Trade Impacts of the Terrorist Attacks of 11 September 2001 : A Quantitative Assessment},
  author={Peter Walkenhorst and Nora Dihel},
  • Peter Walkenhorst, Nora Dihel
  • Published 2002
This paper used estimates of changes in frictional trading costs and the Global Trade Analysis Project (GTAP) computable general equilibrium model to assess the effects of the terrorist attacks of 11 September on international trade. Following the 11 September events, regulatory measures were implemented to tighten security at air and seaports as well as land border crossings. As a result, trading and transport companies have been confronted with additional frictional trading costs, in… CONTINUE READING


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