Terrorist economic impact evaluation (TEIE) model: the case of Pakistan

The terrorist economic impact evaluation (TEIE) model is a new model to evaluate the intensity of terrorism to measure the economic cost in a state (province) of any country within a specific period of time. The TEIE-model examines the measurement of terrorist attacks action with the help of terrorist attacks intensity rate, terrorist attacks death rate, terrorist attacks injuries rate and terrorist attacks property damage. This TEIE-model is the comprehensive indicator to quantify the terrorist attacks action to measure the human and capital loss of a state of a country. This model also applies to the states (provinces) of Pakistan economy. This model helps the policy makers to gauge the intensity of terrorism to measure at state level. The TEIE-model uses dynamic approach to examine economic cost at state level of any economy.