کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5067162 | 1372572 | 2010 | 11 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Small investment and large returns: Terrorism, media and the economy Small investment and large returns: Terrorism, media and the economy](/preview/png/5067162.png)
The study investigates the role of the media in the impact of terrorism on the economy. A unique data set of the newspaper articles that reported terrorist attacks during 2002 is used to evaluate their impact on the Tel Aviv Stock Exchange. An econometric analysis is performed in order to understand how a newspaper decides to cover a terrorist attack, i.e. the number of articles, positioning of articles, whether to include photos and the size of headlines. It was found that media coverage is an important channel through which terrorism produces economic damage. The findings also showed that the economic damage caused by terrorist attacks increases monotonically with the amount of media coverage. It was also found that the economic impact of the media coverage diminishes over time.
Journal: European Economic Review - Volume 54, Issue 8, November 2010, Pages 963-973