| ID | 120121 |
| Title Proper | Impact of terrorism on investment decisions of farmers |
| Other Title Information | evidence from the Punjab insurgency |
| Language | ENG |
| Author | Singh, Prakarsh |
| Publication | 2013. |
| Summary / Abstract (Note) | This article provides evidence for a particular channel through which sustained terrorism in rural areas may affect growth in developing countries. Using micro-level data from agricultural surveys during the period of insurgency in Punjab (India), I find significant negative effects of terrorism on the level of investment in long-term agricultural technology, but effects are small and insignificant for short-term investment. The presence of a major terrorist incident in a district in a year reduces long-term fixed investment by around 17 percent after controlling for district fixed-effects, time trends, district trends, and other farm-level controls. These negative effects are greater for richer farmers and those living in bordering districts. This results in a farmer losing close to 4 percent of his income annually because of the insurgency. |
| `In' analytical Note | Journal of Conflict Resolution Vol. 57, No.1; Feb 2013: p.143-168 |
| Journal Source | Journal of Conflict Resolution Vol. 57, No.1; Feb 2013: p.143-168 |
| Key Words | Terrorism ; Investment ; Punjab |