Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10479325 | Journal of Policy Modeling | 2015 | 16 Pages |
Abstract
This paper introduces a new economic model to analyze the effects of a possible terrorist attack, namely the terrorist attack vulnerability evaluation model (TAVE-Model). The model analyzes three different phases of terrorism: (i) origins of a terrorist attack; (ii) terrorist attack itself; and (iii) post-attack effects. In addition, the TAVE-Model identifies economic desgrowth (âδ), intensity of terrorist activities (αi), terrorist attack losses (âÏ), economic wear (Î ), level of terrorist attack tension (ζ), level of terrorist attacks monitoring (η), and total economic leaking (Ωt) under a terrorist attack. Finally, we apply the TAVE-Model to Pakistan, a country where terrorism poses a significant socio-economic risk. More specifically, we use the model to assess the relationship between terrorism and the economic performance of Pakistan.
Related Topics
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Authors
Mario Arturo Ruiz Estrada, Donghyun Park, Jung Suk Kim, Alam Khan,