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Empirical Economics

Erschienen in:

26.12.2017

Fighting terrorism in Africa: evidence from bundling and unbundling institutions

verfasst von: Simplice Asongu, Vanessa Tchamyou, Ndemaze Asongu, Nina Tchamyou

Erschienen in: Empirical Economics | Ausgabe 3/2019

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Abstract

This study assesses government mechanisms in the fight against terrorism with particular emphasis on the bundling and unbundling of ten governance dynamics. The empirical evidence is based on a panel of 53 African countries for period 1998–2012 and generalized method of moments. The following findings are established. First, for the most part, political governance and its constituents, respectively, have negative effects on all terrorism dynamics, with the following consistent increasing order of negative magnitude: unclear terrorism, transnational terrorism, domestic terrorism and total terrorism. Second, overwhelmingly for economic and institutional governances, the governance dynamics and their constituent components affect terrorism negatively, with the magnitude on domestic terrorism consistently higher than that on transnational terrorism. Third, for most specifications, the effect of general governance is consistently negative on terrorism variables. Theoretical and practical policy implications are discussed.

Vorheriger Artikel Remittances and output growth volatility in developing countries: Does financial development dampen or magnify the effects?

Nächster Artikel Military spending, economic growth and investment: a disaggregated analysis by income group

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Governance and institutions are used interchangeably throughout the study. The latter concept is quite distinct from “institutional governance” which is represented by corruption control and the rule of law (see Asongu 2016a).

In the sentence, “applied econometrics” does not refer to a specific journal, but rather to the use of econometrics to accept or reject existing theoretical underpinnings and empirical trends.

Emphasis on original.

The fixed effects results are not reported because of lack of space.

While the discussion of findings is tailored to incorporate both initial/baseline results and robustness check estimations, emphasis on “initial regressions” here is because the comparative perspective is not apparent with robustness check results. This is essentially because for the most part, the effects on domestic terrorism are not significant in robustness check results.

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Titel: Fighting terrorism in Africa: evidence from bundling and unbundling institutions
verfasst von: Simplice Asongu
Vanessa Tchamyou
Ndemaze Asongu
Nina Tchamyou
Publikationsdatum: 26.12.2017
Verlag: Springer Berlin Heidelberg
Erschienen in: Empirical Economics / Ausgabe 3/2019
Print ISSN: 0377-7332
Elektronische ISSN: 1435-8921
DOI: https://doi.org/10.1007/s00181-017-1378-3

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