Empirical investigation of the relationship between terrorism, public debt and economically active women in the ECOWAS zone

Essosinam Franck Karabou () and Komlan Ametowoyo Adeve ()
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Essosinam Franck Karabou: University of Kara
Komlan Ametowoyo Adeve: University of Kara

Economics Bulletin, 2024, vol. 44, issue 2, 528 - 543

Abstract: The objective of this research is to determine the impact of terrorism on the level of indebtedness of West African countries by highlighting the role and interactions of the proportion of economically active women in this relationship over the period 2010 to 2019. The methodology adopted is based on generalized methods of moments (GMM) in a dynamic panel system. After estimation, the results of the two models revealed that the increase in terrorism worsens the region's public debt by 0.006% and the proportion of economically active women decreases the debt level by 0.823%. However, the interaction between terrorism and the proportion of economically active women increases the debt level by 0.0061%, revealing that although the female labor force (proportion of economically active women) contributes positively to the economy of the ECOWAS zone, terrorism inhibits the positive contribution of the female force.

Keywords: terrorism; public debt; economically active women; dynamic panels; ECOWAS. (search for similar items in EconPapers)
JEL-codes: H5 H6 (search for similar items in EconPapers)
Date: 2024-06-30
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