 Terrorism and the Resilience of CitiesPhilippe Martin and James Harrigan Post-Print from HAL Abstract: The September 11 attacks in New York and Washington have forced Americans to confront the fact that to live or work in a large city is to be at greater risk of large-scale terrorism. What do these risks, and the public perception of them, imply for cities in general and the future of New York City in particular? In this article, the authors begin their exploration of this issue by examining why cities exist in the first place. To conduct their analysis, they simulate two key theoretical models of economic geography, using data that approximate the characteristics of a major U.S. city as well as estimates of the costs of the September 11 attacks. The authors conclude that the very forces that lead to city formation also lead cities to be highly resilient in the face of catastrophes such as terrorist attacks. They argue that New York City in particular is likely to continue to thrive despite any ongoing terrorist threat. Keywords: terrorism; cities; economic geography; agglomeration (search for similar items in EconPapers) Published in Economic Policy Review, Federal Reserve Bank of New York, 2002, 8 (2), pp.97-116 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00179827 Access Statistics for this paper More papers in Post-Print from HAL |
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