Economics at your fingertips  

Terrorism and Poverty: Double Trouble for Macroeconomic Performance in African Countries

Saddam Ilyas, Bilal Mehmood and Raees Aslam

African Journal of Economic Review, 2017, vol. 05, issue 1

Abstract: This article investigates poverty and terrorism as allies in hindering economic growth in African countries. This study uses data for 22 African countries from 1970 to 2013 i.e. 44 years. Data for terrorism, poverty and national income is taken from GTD and WDI. Panel cointegration techniques of dynamic fixed effect, mean group and pooled mean group are applied to quantify the long-run impact of terrorism and poverty on macroeconomic performance. Moreover, robustness is checked by using various estimators of slope parameters including POLS, FMOLS and DOLS. Empirical findings reveal that both poverty and terrorism have a long-run negative impact the macroeconomic performance. Recommendations for the double trouble are made at the end.

Keywords: Food; Security; and; Poverty (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf) ... M.pdf?subformat=pdfa (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in African Journal of Economic Review from African Journal of Economic Review
Bibliographic data for series maintained by AgEcon Search ().

Page updated 2019-01-26
Handle: RePEc:ags:afjecr:264468