Fighting Terrorism: Empirics on Policy Harmonisation

Simplice Asongu, Jacinta Nwachukwu

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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.
Original languageEnglish
Pages (from-to)237-259
Number of pages23
JournalGerman Economic Review
Volume19
Issue number3
Early online date8 Feb 2017
DOIs
Publication statusPublished - Aug 2018

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Bibliographical note

This is the peer reviewed version of the following article: Asongu, S & Nwachukwu, J 2017, 'Fighting Terrorism: Empirics on Policy Harmonisation' German Economic Review, vol (in press), pp. (in press), which has been published in final form at https://dx.doi.org/10.1111/geer.12126. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.

Keywords

  • terrorism
  • common policies
  • development

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