Are the effects of terrorism short-lived?

Vincenzo Bove, Georgios Efthyvoulou and Harry Pickard

No wp-2022-66, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Numerous studies demonstrate that terrorism causes strong public reactions immediately after the attack, with important implications for democratic institutions and individual well-being. Yet, are these effects short-lived? We answer this question using a quasi-experimental design and data on three successful and three foiled terrorist attacks in the United Kingdom. We find that heightened risk perceptions and emotional reactions in the wake of successful attacks do not dissipate in the very short run but are sustained over time and up to 130 days after the attacks.

Keywords: Terrorism; Risk; Risk attitudes; Emotions; Long-run effects; Quasi-experimental design (search for similar items in EconPapers)
Date: 2022
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Journal Article: Are the Effects of Terrorism Short-Lived? (2024)
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