The economic cost of the Islamic State on the Syrian and Iraqi economies

Mario Ruiz Estrada, Alam Khan () and Donghyun Park
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Alam Khan: Kohat University of Science & Technology (KUST)

Quality & Quantity: International Journal of Methodology, 2018, vol. 52, issue 4, No 14, 1707-1730

Abstract: Abstract In this paper, we evaluate the economic cost of the Islamic State on the Syrian and Iraqi economies from 2010 to 2016. To do so, we use the Post-Terrorism Final Economic Damage Simulator—PTFED-Simulator. The PTFED-Simulator assesses the economic damage of terrorism based on ten different indicators: (1) total regional terrorism tension (∆Tt); (2) harmonized anti-terrorist strategy (AT+); (3) war losses from terrorism (−πt); (4) total economic leakage from terrorism (−Ψt); (5) economic desgrowth from terrorism (−δt); (6) military dimension of terrorism (MDt); (7) post-terrorism economic damage (−Πt); (8) post terrorism economic damage evaluation; (9) post-terrorism reconstruction plan (PTRt); and (10) terrorism effect on mega-disk networks mapping. Overall, we seek to evaluate the impact of terrorism on economic performance from a multi-dimensional perspective in both the short run and long run.

Keywords: Terrorism; War; ISIS; Syria; Iraq; Economic modeling; Economic desgrowth; R11; R12 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s11135-017-0549-9

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