Economics at your fingertips  

Peace, terrorism and economic growth in Middle East and North African countries

Yilmaz Bayar and Marius Dan Gavriletea ()
Additional contact information
Yilmaz Bayar: Usak University
Marius Dan Gavriletea: Babeş-Bolyai University

Quality & Quantity: International Journal of Methodology, 2018, vol. 52, issue 5, 2373-2392

Abstract: Abstract Many countries in the globalized world have experienced significant rates of economic growth over the last four decades. However, the increasing severity of financial crises and terrorism attacks and substantial decreases in peaceful environments have accompanied this large global economic expansion. Many regions of the world have seen growing prosperity for its people, but their safety has become less assured than in the past. In this regard, the Middle East and North African region has become one of the least peaceful in the world and experienced a substantial number of terrorist attacks. This study researches the interaction among economic growth, peace, and terrorism in 18 MENA countries with panel data analysis over the 2008–2014 period. The findings suggest that peaceful environment had a positive effect on the economic growth, while terrorism had a negative effect on the economic growth. Furthermore, a bilateral causality was generally revealed between peace and economic growth and terrorism and economic growth.

Keywords: Terrorism; Peace; Terrorism risk; Economic growth economic impact; Panel data analysis; Terrorism insurance (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:

Ordering information: This journal article can be ordered from

Access Statistics for this article

Quality & Quantity: International Journal of Methodology is currently edited by Vittorio Capecchi

More articles in Quality & Quantity: International Journal of Methodology from Springer
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-11-14
Handle: RePEc:spr:qualqt:v:52:y:2018:i:5:d:10.1007_s11135-017-0671-8