How Is Institutional Quality Moderating the Effect of Terrorism on International Tourism, Trade, Foreign Aid Inflow and Economic Growth in Sub-Saharan Africa?

IF 1.1 Q4 BUSINESS

Foreign Trade Review Pub Date : 2024-01-09 DOI:10.1177/00157325231214042

C. Agu, Jonathan E. Ogbuabor, Benjamin Udoka Onah

引用次数: 0

Abstract

This study examines how international tourism, foreign aid inflow, international trade and economic growth are responding to terrorism in Sub-Saharan Africa (SSA), and how institutions are moderating these interactions. To answer these questions, we examined a panel of 40 SSA countries for the period 2010–2020 based on the system generalised method of moments framework. Our results revealed that: (a) terrorism impacts adversely on tourism, foreign aid inflow, trade and overall economic growth in SSA; and (b) institutional quality has not been effective in mitigating the adverse effects of terrorism on tourism, foreign aid inflow, trade and economic growth in SSA. Policy implications are discussed. JEL Codes: C33; F10; F35; F43; L83; N20

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制度质量如何调节恐怖主义对撒哈拉以南非洲国际旅游、贸易、外援流入和经济增长的影响？

本研究探讨了撒哈拉以南非洲地区（SSA）的国际旅游业、外援流入、国际贸易和经济增长是如何应对恐怖主义的，以及制度是如何调节这些相互作用的。为了回答这些问题，我们基于系统广义矩方法框架，对 2010-2020 年间 40 个撒哈拉以南非洲国家的面板数据进行了研究。研究结果表明(a) 恐怖主义对撒南非洲的旅游业、外援流入、贸易和整体经济增长产生了不利影响；(b) 制度质量未能有效缓解恐怖主义对撒南非洲旅游业、外援流入、贸易和经济增长的不利影响。讨论了政策影响。JEL Codes：C33; F10; F35; F43; L83; N20

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Foreign Trade Review Multiple-

CiteScore

2.50

自引率

23.10%

发文量