Is terrorism a spoilsport for the sustainability of economic development?: evidence from the economic community of West African states

被引:0
作者
Adeve, Komlan Ametowoyo [1 ]
机构
[1] Univ Kara, Dept Econ, Kara, Togo
关键词
Terrorism; Economic development; Sustainability; ECOWAS; PANEL COINTEGRATION; TESTS; REGRESSION; INFERENCE; GROWTH; COSTS;
D O I
10.1108/IJSE-08-2022-0565
中图分类号
F [经济];
学科分类号
02 ;
摘要
Purpose-The objective of this paper is to determine the impact of terrorism on the sustainability of the development of West African countries, highlighting the role and interactions of income inequality and the level of education in this relationship for the period 2000-2019.Design/methodology/approach-The appropriate tests indicated that the dynamic ordinary least squares (DOLS) model is the most suited to analyze the terrorism phenomenon in the study area.Findings-The results confirm the critical challenge to sustain economic development in a context marked by a high risk of terrorist attacks. Fortunately, the negative effect of terrorism on economic development is not a fatality. Ways do exist to limit the magnitude of the phenomenon impacts since the results also revealed that countries with higher percentages of educated people experience a lower magnitude of terrorism impact. Similarly, reducing inequalities is another way of controlling the magnitude of terrorism's impact on development sustainability.Originality/value-This paper aims to contribute to the economic literature on the economic effects of terrorism in two main ways. First, to the author's knowledge, this is the first attempt to establish terrorism implications in terms of development sustainability in the ECOWAS region. The second contribution is that the author tries to find an empirical validation of the hypothesis according to which an increase in the level of education and improvement in income distribution could reduce the impact of terrorism on development sustainability.Peer review-The peer review history for this article is available at: .
引用
收藏
页码:956 / 968
页数:13
相关论文
共 62 条
[51]   EXTRACTION COSTS IN THEORY OF EXHAUSTIBLE RESOURCES [J].
SOLOW, RM ;
WAN, FY .
BELL JOURNAL OF ECONOMICS, 1976, 7 (02) :359-370
[52]   EFFICIENT INFERENCE IN A RANDOM COEFFICIENT REGRESSION MODEL [J].
SWAMY, PAVB .
ECONOMETRICA, 1970, 38 (02) :311-&
[53]  
Tugcu CT, 2018, ECONOMICS AND ECONOMETRICS OF THE ENERGY-GROWTH NEXUS, P255, DOI 10.1016/B978-0-12-812746-9.00008-0
[54]  
United Nations, 2020, The sustainable development goals report 2020
[55]  
United Nations Development Program (UNDP), 2019, UNDP Report 2019
[56]   Perceived benefits after terrorist attacks: The role of positive and negative emotions [J].
Vazquez, Carmelo ;
Hervas, Gonzalo .
JOURNAL OF POSITIVE PSYCHOLOGY, 2010, 5 (02) :154-163
[57]  
Villieu P., 2015, ECONOMICA
[58]   Fixed-effect panel threshold model using Stata [J].
Wang, Qunyong .
STATA JOURNAL, 2015, 15 (01) :121-134
[59]  
WDI, 2022, World development indicators
[60]   Testing for error correction in panel data [J].
Westerlund, Joakim .
OXFORD BULLETIN OF ECONOMICS AND STATISTICS, 2007, 69 (06) :709-748