TERRORISM AND ECONOMIC GROWTH IN SUB-SAHARAN AFRICAN COUNTRIES: A PANEL CAUSALITY ANALYSIS

Mehmet Hilmi Özkaya ()
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Mehmet Hilmi Özkaya: Uşak Üniversitesi

Eurasian Business & Economics Journal, 2022, vol. 29, issue 29, 77-90

Abstract: Terrorism and its economic costs have increased in recent years in the globalized world. Therefore, in the study, the mutual relationship between economic growth and terrorism in 18 Sub-Saharan African economies for the 2007-2019 period was investigated via causality analysis. The findings of panel level causality analysis pointed out a bilateral causality between economic growth and terrorism, but the findings of country level causality analysis between two variables changed depending on country specific economic and institutional characteristics.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eas:buseco:v:29:y:2022:i:29:p:77-90

DOI: 10.17740/eas.econ.2022.V29-05

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