Research Article

Terror Incidents and Economic Growth: The Case of Turkey

Number: 32 December 31, 2016
TR EN

Terror Incidents and Economic Growth: The Case of Turkey

Abstract

This study investigates the dynamic relationship between terror incidents and economic performance (growth) for Turkish economy, using annual data from 1984 to 2009. Empirical evidence from a dynamic bivariate model confirms the significance of the relationship between terror incidents/activities, and economic growth. Impulse-response functions for both variables indicate that the response of economic growth to terror incidents is positive and peaks in two years. On the other hand, the response of terror incidents to growth shock is significantly negative, and takes 3 to 6 years. Empirical findings indicate that better economic performance reduces terror activities with three year lags. Consequently, patiently implementing appropriate policies under political and economic stability is recommended.

Keywords

References

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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Adnan Çimen * This is me

Sadık Yıldırım This is me

Publication Date

December 31, 2016

Submission Date

June 8, 2016

Acceptance Date

-

Published in Issue

Year 2016 Number: 32

APA
Çimen, A., Yıldırım, S., & Bayraktutan, Y. (2016). Terror Incidents and Economic Growth: The Case of Turkey. Kocaeli Üniversitesi Sosyal Bilimler Dergisi, 32, 1-14. https://izlik.org/JA63ER97BF
AMA
1.Çimen A, Yıldırım S, Bayraktutan Y. Terror Incidents and Economic Growth: The Case of Turkey. KOSBED. 2016;(32):1-14. https://izlik.org/JA63ER97BF
Chicago
Çimen, Adnan, Sadık Yıldırım, and Yusuf Bayraktutan. 2016. “Terror Incidents and Economic Growth: The Case of Turkey”. Kocaeli Üniversitesi Sosyal Bilimler Dergisi, nos. 32: 1-14. https://izlik.org/JA63ER97BF.
EndNote
Çimen A, Yıldırım S, Bayraktutan Y (December 1, 2016) Terror Incidents and Economic Growth: The Case of Turkey. Kocaeli Üniversitesi Sosyal Bilimler Dergisi 32 1–14.
IEEE
[1]A. Çimen, S. Yıldırım, and Y. Bayraktutan, “Terror Incidents and Economic Growth: The Case of Turkey”, KOSBED, no. 32, pp. 1–14, Dec. 2016, [Online]. Available: https://izlik.org/JA63ER97BF
ISNAD
Çimen, Adnan - Yıldırım, Sadık - Bayraktutan, Yusuf. “Terror Incidents and Economic Growth: The Case of Turkey”. Kocaeli Üniversitesi Sosyal Bilimler Dergisi. 32 (December 1, 2016): 1-14. https://izlik.org/JA63ER97BF.
JAMA
1.Çimen A, Yıldırım S, Bayraktutan Y. Terror Incidents and Economic Growth: The Case of Turkey. KOSBED. 2016;:1–14.
MLA
Çimen, Adnan, et al. “Terror Incidents and Economic Growth: The Case of Turkey”. Kocaeli Üniversitesi Sosyal Bilimler Dergisi, no. 32, Dec. 2016, pp. 1-14, https://izlik.org/JA63ER97BF.
Vancouver
1.Adnan Çimen, Sadık Yıldırım, Yusuf Bayraktutan. Terror Incidents and Economic Growth: The Case of Turkey. KOSBED [Internet]. 2016 Dec. 1;(32):1-14. Available from: https://izlik.org/JA63ER97BF