Fighting Terrorism: Empirics on Policy Harmonisation. Issue 3 (8th February 2017)

• Record Type: Journal Article
• Authors: Asongu, Simplice; Nwachukwu, Jacinta
• Is Part Of: German economic review. Volume 19:Issue 3(2018:Aug.)
• Page Start: 237
• Page End: 259
• Publication Date: 2017-02-08
• Subjects: terrorism -- common policies -- development; Economics -- Periodicals; 330
• DOI: 10.1111/geer.12126
• Languages: English
• ISSNs: 1465-6485

Abstract

Abstract: This paper models the feasibility of common policy initiatives against global terrorism, as well as timelines for their enforcement. The empirical evidence is based on 78 developing countries for the period 1984–2008. Domestic, transnational, unclear and total terrorism variables are used. Absolute (or unconditional) and conditional catch‐ups are estimated using Generalised Method of Moments. We establish consistently that, the rate of catch‐up is higher in domestic terrorism relative to transnational terrorism. The time to full catch‐up required for the implementation of common policies without distinction of nationality is found to be in a horizon of 13–20 years for domestic terrorism and 24–28 years for transnational terrorism. Hence, from a projection date of 2009, in spite of decreasing cross‐country differences in terrorists' attacks, there is still a long way to go before feasible common policy initiatives can be fully implemented without distinction of nationality. The paper is original by its contribution to the empirics of conflict resolution through decreasing cross‐country differences in terrorism tendencies. Policy implications are discussed.