@article{article_1100031, title={Economic Growth and Terrorism in the Middle East: A Heterogeneous Panel Causality Approach}, journal={Ekonomik ve Sosyal Araştırmalar Dergisi}, volume={18}, pages={17–27}, year={2022}, author={Ünsal, Yusuf and Çınar, İbrahim Tuğrul}, keywords={Orta Doğu, Terörizm, Ekonomik Büyüme}, abstract={This study aims to examine the relationship between terrorism and economic growth for a panel of fifteen Middle Eastern countries for the 2003-2019 period. Panel data analysis has the advantage that it provides more information, more variability, and less collinearity in the data when compared to single country time series analysis. Besides this advantage, most of the cross-country panel data studies in the terrorism and economic growth literature assume that terrorist activities are homogeneous across countries. We used the Dumitrescu-Hurlin panel causality test accounting for cross-sectional heterogeneity, which is widely ignored in most panel data studies on terrorism and economic growth nexus. Dumitrescu-Hurlin causality test results reveal in favor of a uni-directional causal relationship between terrorism and economic growth in the Middle East for the overall panel. We also find that this uni-directional relationship is ruled by the strong country-specific influence of Iraq.}, number={1}, publisher={Bolu Abant İzzet Baysal Üniversitesi}