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| 1 |
ID:
073763
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| Publication |
2006.
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| Summary/Abstract |
Despite substantial progress in the applied study of terrorism, one important methodological issue has remained underdeveloped. Multiple warnings have urged for caution as the validity of extant findings may have been distorted from the well-known "devil" of underreporting bias. Yet, extant research has fallen short from addressing the issue in a systematic fashion. This article discusses a way for assessing whether underreporting is present by using the widely studied relationship between terrorism and regime type as its laboratory. After formally presenting a setup for the accommodation of underreporting bias, the authors discuss how it relates to press freedom. According to their results, underreporting is indeed present, implying that the used databases for terrorism represent an understatement of the true number of terrorist incidents.
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| 2 |
ID:
103176
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| 3 |
ID:
069233
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| 4 |
ID:
140829
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| Summary/Abstract |
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.
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| 5 |
ID:
129830
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| Publication |
2014.
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| Summary/Abstract |
We investigate whether differences in terrorism risk are mirrored on terrorism risk perception across European countries for the period 2003-2007. We find that the average propensity for terrorism risk concern is affected by actual risk levels. Country and individual heterogeneity contribute substantially to the variation of observed risk perception. Singles and individuals with white collar jobs are less likely to mention terrorism as one of the most pressing issues their country faces, while political positioning towards the right makes it more likely to be concerned about terrorism. As far as competing risks are concerned, we find that the likelihood terrorism is mentioned, decreases with spending on pensions as a percentage of GDP being higher. Finally, based on the Bayesian framework, we also examined the formation of terrorism risk perceptions, and decompose the observed country-level time series of terrorism activity into a long- and a short-run component. We concluded that the observed risk perception variation is only explained by the long-term trend of terrorism activity countries face.
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| 6 |
ID:
103180
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2011.
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| Summary/Abstract |
The rapid and accelerating development of security economics has generated great demand for more and better data, to accommodate the empirical research agenda. The present paper serves as a guide to policy makers and researchers for security-related databases. The paper focuses on two main issues. First, it takes stock of the existing databases and highlights their main components. Second, it discusses data shortages and needs that are considered essential for enhancing our understanding of the complex phenomenon of terrorism, as well as designing and evaluating policy.
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| 7 |
ID:
130401
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| Publication |
2014.
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| Summary/Abstract |
Within a panel VAR framework and utilizing generalized impulse response and forecast error variance decomposition analysis, we explore the dynamic effects of terrorism and crime on public order and safety spending across European countries during the period 1994-2006. Our findings show that a 'shock' in terrorism and/or in crime, significantly increases the subsequent trajectory of public order and safety spending. As a by-product, we find that public spending is ineffective in reducing observed crime or terrorism.
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