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https://doi.org/10.1080/1331677X.2019.1638290

Effect of terrorism on economic growth in Pakistan: an empirical analysis

Muhammad Zakaria ; School of Economics and Finance, Xi’an Jiaotong University, Xi’an, Shaanxi, P.R. China
Wen Jun ; School of Economics and Finance, Xi’an Jiaotong University, Xi’an, Shaanxi, P.R. China
Haseeb Ahmed ; Department of Management Sciences, COMSATS University Islamabad, Islamabad, Pakistan

Puni tekst: engleski, pdf (2 MB) str. 1794-1812 preuzimanja: 90* citiraj
APA 6th Edition
Zakaria, M., Jun, W. i Ahmed, H. (2019). Effect of terrorism on economic growth in Pakistan: an empirical analysis. Economic research - Ekonomska istraživanja, 32 (1), 1794-1812. https://doi.org/10.1080/1331677X.2019.1638290
MLA 8th Edition
Zakaria, Muhammad, et al. "Effect of terrorism on economic growth in Pakistan: an empirical analysis." Economic research - Ekonomska istraživanja, vol. 32, br. 1, 2019, str. 1794-1812. https://doi.org/10.1080/1331677X.2019.1638290. Citirano 05.04.2020.
Chicago 17th Edition
Zakaria, Muhammad, Wen Jun i Haseeb Ahmed. "Effect of terrorism on economic growth in Pakistan: an empirical analysis." Economic research - Ekonomska istraživanja 32, br. 1 (2019): 1794-1812. https://doi.org/10.1080/1331677X.2019.1638290
Harvard
Zakaria, M., Jun, W., i Ahmed, H. (2019). 'Effect of terrorism on economic growth in Pakistan: an empirical analysis', Economic research - Ekonomska istraživanja, 32(1), str. 1794-1812. https://doi.org/10.1080/1331677X.2019.1638290
Vancouver
Zakaria M, Jun W, Ahmed H. Effect of terrorism on economic growth in Pakistan: an empirical analysis. Economic research - Ekonomska istraživanja [Internet]. 2019 [pristupljeno 05.04.2020.];32(1):1794-1812. https://doi.org/10.1080/1331677X.2019.1638290
IEEE
M. Zakaria, W. Jun i H. Ahmed, "Effect of terrorism on economic growth in Pakistan: an empirical analysis", Economic research - Ekonomska istraživanja, vol.32, br. 1, str. 1794-1812, 2019. [Online]. https://doi.org/10.1080/1331677X.2019.1638290

Sažetak
The paper examines the impact of terrorism on economic growth in Pakistan. Channel variables, such as foreign direct investment (FDI), domestic investment, and government spending, through which terrorism influences economic growth, are identified. For empirical analysis, annual data for the period 1972–2014 are used, and a structural model is estimated using the generalised method of moments (GMM) estimation approach. The results reveal that (1) the impact of terrorism on FDI and domestic investment is significantly negative, whereas the impact on government spending is significantly positive and (2) the net effect of terrorism on economic growth is negative. One per cent increase in terrorism reduces FDI by 0.104 per cent, domestic investment by 0.039 per cent and economic growth by 0.002 per cent. To increase economic growth more resources must be allocated to improve law and order. To attract foreign investment, complementary domestic investment must be increased

Ključne riječi
Terrorism; economic growth; foreign direct investment (FDI); Pakistan

Hrčak ID: 228852

URI
https://hrcak.srce.hr/228852

Posjeta: 165 *