Fighting Terrorism: Empirics on Policy Harmonization

German Economic Review, 19(3), pp. 237-259 (July 2018).

25 Pages Posted: 27 Jun 2015 Last revised: 18 Jul 2018

See all articles by Simplice Asongu

Simplice Asongu

African Governance and Development Institute

Jacinta Nwachukwu

University of Huddersfield - Business School

Date Written: June 26, 2015

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. Employed terrorism dynamics are domestic, transnational, unclear and total terrorism. Absolute (or unconditional) and conditional catch-ups are modeled using Generalised Methods 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 13.34-19.92 years for domestic terrorism and 24.67-27.88 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.

Keywords: Terrorism; Common policies; Development

JEL Classification: C52; D74; F42; K42; O38

Suggested Citation

Asongu, Simplice and Nwachukwu, Jacinta C., Fighting Terrorism: Empirics on Policy Harmonization (June 26, 2015). German Economic Review, 19(3), pp. 237-259 (July 2018).. Available at SSRN: https://ssrn.com/abstract=2623459 or http://dx.doi.org/10.2139/ssrn.2623459

Simplice Asongu (Contact Author)

African Governance and Development Institute ( email )

P.O. Box 8413
Yaoundé, 8413
Cameroon

Jacinta C. Nwachukwu

University of Huddersfield - Business School ( email )

Queensgate
Huddersfield HD1 3DH
United Kingdom

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