2017
DOI: 10.1080/10242694.2017.1389582
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Thirty Years of Conflict and Economic Growth in Turkey: A Synthetic Control Approach

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Cited by 25 publications
(6 citation statements)
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“…Thus, terrorism decreased the economic growth in the Basque region of Spain in the late 1960s (Abadie & Gardeazabal, 2003) and Pakistan between 1981 and 2012 (Hyder et al, 2015). Studies on the terrorism-economy nexus in Israel (Eckstein & Tsiddon, 2004) and Turkey (Bilgel & Karahasan, 2019) indicate that if these countries had not been exposed to chronic terrorism, their economies would have been in much better shape: 10% higher per capita income in Israel and 21.4% higher per capita GDP in Turkey. Another adverse effect of terrorism on the economy refers to a decline in aviation demands and tourism.…”
Section: Figurementioning
confidence: 99%
“…Thus, terrorism decreased the economic growth in the Basque region of Spain in the late 1960s (Abadie & Gardeazabal, 2003) and Pakistan between 1981 and 2012 (Hyder et al, 2015). Studies on the terrorism-economy nexus in Israel (Eckstein & Tsiddon, 2004) and Turkey (Bilgel & Karahasan, 2019) indicate that if these countries had not been exposed to chronic terrorism, their economies would have been in much better shape: 10% higher per capita income in Israel and 21.4% higher per capita GDP in Turkey. Another adverse effect of terrorism on the economy refers to a decline in aviation demands and tourism.…”
Section: Figurementioning
confidence: 99%
“…It is widely documented in the growth literature that countries experiencing a high degree of political instability have lower GDP growth (see Aisen and Veiga, 2013; Bienen, 2013; Nurudeen et al ., 2015; Bilgel and Karahasan, 2019). And we would expect the recurrent political unrest and conflict in Ethiopia to disrupt investment in public and private goods.…”
Section: Datamentioning
confidence: 99%
“…They finally compared the magnitude of the effects of the "brutality" and the "frequency" of terror attacks and concluded that the effect of the frequency is slightly higher than the effect of the brutality. Bilgel and Karahasan (2019) analyzed the economic performance of the Turkish economy with and without terrorism and found that the Turkish economy would experience superior economic growth of about 0.62% per year provided there are no terrorist attacks during this period. Zakaria et al (2019) also examines the impact of terrorism on economic growth in Pakistan using the generalized method of moments (GMM) estimation approach.…”
Section: Introductionmentioning
confidence: 99%