Economic Deprivation and Terrorism: Further Empirical Evidence from Nigeria

Emmanuel Okokondem Okon

Economy, 2014, vol. 1, issue 2, 68-78

Abstract: This paper examined the question whether economic deprivation leads to terrorism in Nigeria. The study covered the period 1970 to 2012. It employed the econometric methodology of vector error correction model and testing the results using stationarity test and co-integration. The Ordinary Least Square (OLS) estimation method was used as an essential component of the estimation techniques. The results show that government expenditure has a significant inverse relationship with terrorism while the degree of openness of the economy, GDP per capita, interest rate and macroeconomic policy index have positive relationships with the occurrence of terrorism both in the long run and short run. Some key policy implication of these results are that the rapid economic growth experienced by Nigeria should be made to show improvements in social welfare and macroeconomic policy inconsistencies should be minimized. Similarly, policy reversalsshould be properly checked for both short and long run effects on the economy.

Keywords: Terrorism economic; Deprivation; Nigeria. (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://asianonlinejournals.com/index.php/Economy/article/view/555/558 (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: https://EconPapers.repec.org/RePEc:aoj:econom:v:1:y:2014:i:2:p:68-78:id:555

Access Statistics for this article

More articles in Economy from Asian Online Journal Publishing Group
Bibliographic data for series maintained by Sara Lim ().