Impact of Terrorism on Economic Growth in South Asian Country
The association among terrorism and economic growth is crucial from macroeconomics perspective. This analysis is carried out to extract the influence of terrorism on economic growth in Pakistan, incorporating trade, foreign aid and capital for the period of 1981 to 2016. This study applied ARDL bou...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2020-07-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/9699 |
| _version_ | 1797908424636235776 |
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| author | Qasim Saleem Sidra Sidra Abdur Rauf Hafiz Muhammad Abubakar Siddique |
| author_facet | Qasim Saleem Sidra Sidra Abdur Rauf Hafiz Muhammad Abubakar Siddique |
| author_sort | Qasim Saleem |
| collection | DOAJ |
| description |
The association among terrorism and economic growth is crucial from macroeconomics perspective. This analysis is carried out to extract the influence of terrorism on economic growth in Pakistan, incorporating trade, foreign aid and capital for the period of 1981 to 2016. This study applied ARDL bounds testing to inquire the problem and found a co-integration nexus among the used macroeconomic indicators. The evidence shows that terrorism has an inverse relationship with economic growth that is statistically significant. Terrorism may cause to create insecurity and devastating recreational places. There is need to resolve the issue of terrorism to enhance the ability of other economic indicators which cause to enhance the growth of Pakistan.
Keywords: Terrorism, Trade, Foreign Aid, ARDL
JEL Classifications: F14, F43
DOI: https://doi.org/10.32479/ijefi.9699
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| first_indexed | 2024-04-10T10:52:32Z |
| format | Article |
| id | doaj.art-c1f5ade63c404dd6ad411659344527e9 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T10:52:32Z |
| publishDate | 2020-07-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-c1f5ade63c404dd6ad411659344527e92023-02-15T16:20:05ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382020-07-01104Impact of Terrorism on Economic Growth in South Asian CountryQasim Saleem0Sidra SidraAbdur RaufHafiz Muhammad Abubakar SiddiqueGIFT University The association among terrorism and economic growth is crucial from macroeconomics perspective. This analysis is carried out to extract the influence of terrorism on economic growth in Pakistan, incorporating trade, foreign aid and capital for the period of 1981 to 2016. This study applied ARDL bounds testing to inquire the problem and found a co-integration nexus among the used macroeconomic indicators. The evidence shows that terrorism has an inverse relationship with economic growth that is statistically significant. Terrorism may cause to create insecurity and devastating recreational places. There is need to resolve the issue of terrorism to enhance the ability of other economic indicators which cause to enhance the growth of Pakistan. Keywords: Terrorism, Trade, Foreign Aid, ARDL JEL Classifications: F14, F43 DOI: https://doi.org/10.32479/ijefi.9699 http://mail.econjournals.com/index.php/ijefi/article/view/9699 |
| spellingShingle | Qasim Saleem Sidra Sidra Abdur Rauf Hafiz Muhammad Abubakar Siddique Impact of Terrorism on Economic Growth in South Asian Country International Journal of Economics and Financial Issues |
| title | Impact of Terrorism on Economic Growth in South Asian Country |
| title_full | Impact of Terrorism on Economic Growth in South Asian Country |
| title_fullStr | Impact of Terrorism on Economic Growth in South Asian Country |
| title_full_unstemmed | Impact of Terrorism on Economic Growth in South Asian Country |
| title_short | Impact of Terrorism on Economic Growth in South Asian Country |
| title_sort | impact of terrorism on economic growth in south asian country |
| url | http://mail.econjournals.com/index.php/ijefi/article/view/9699 |
| work_keys_str_mv | AT qasimsaleem impactofterrorismoneconomicgrowthinsouthasiancountry AT sidrasidra impactofterrorismoneconomicgrowthinsouthasiancountry AT abdurrauf impactofterrorismoneconomicgrowthinsouthasiancountry AT hafizmuhammadabubakarsiddique impactofterrorismoneconomicgrowthinsouthasiancountry |