An Introduction to the Economic Modeling to Evaluate Terrorism

Posted: 27 Mar 2014

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: March 25, 2014

Abstract

This paper attempts to introduce a new economic modeling to evaluate terrorism. The main objective of this paper is to evaluate terrorism in different stages until the end. This new economic modeling in case of terrorism is entitled “the terrorism vulnerability Evaluation model (TVE-Model).” Hence, the TVE-Model will study the evolution of terrorism in three different phases: (i) origins of terrorism; (ii) terrorist attack; (v) post-terrorist attack effects. In addition, the TVE-Model is introducing a serial of new indicators such as economic desgrowth (-δ), intensity of terrorism (αi), terrorist attack losses (-π), economic wear (Π), level of terrorism tension (ζ), level of terrorism monitoring (η) and total economic leaking (Ωt).

Keywords: Terrorism, Economic Modeling, Economic Desgrowth

JEL Classification: O40, O43

Suggested Citation

Ruiz Estrada, Mario Arturo, An Introduction to the Economic Modeling to Evaluate Terrorism (March 25, 2014). Available at SSRN: https://ssrn.com/abstract=2415472

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

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