ID | 140829 |
Title Proper | Note on the effect of terrorism on economic sentiment |
Language | ENG |
Author | Drakos, Konstantinos ; Kallandranis, Christos |
Summary / Abstract (Note) | This study documents that unforeseen events like terrorist attacks can be linked to the formation of Economic Sentiment after controlling for sentiment’s economic drivers. By utilizing dynamic panel techniques, the Economic Sentiment Indicator, as well as one of its constituents Consumer Sentiment, for a pan-European panel of 27 countries appear to be negatively influenced by terrorism activity. Moreover, these negative effects are significant only in the post-9/11 era. |
`In' analytical Note | Defence and Peace Economics Vol. 26, No.6; Dec 2015: p.600-608 |
Journal Source | Defence and Peace Economics Vol: 26 No 6 |
Key Words | Terrorist Activity ; Dynamic Panel ; Economic Sentiment |