The Impacts of Political Terrorism on Gross Domestic Product in Eurasia: A Spatial Data Analysis
Eurasian Journal of Business and Economics(2015)
Abstract
The aim of this paper is to investigate impact of political terrorism on GDP for Eurasia region countries by using spatial statistics in the period of 1996-2013. For this purpose, quantile maps, Moran’s Scotterplots, LISA (Local Indicators of Spatial Association) statistics are performed. We firstly found that there are the negative impacts of political terrorism on GDP. Secondly, countries as Iceland, Ireland, UK, Portugal, Spain, Norway, Sweden, Italy, Austria, Czech Rep., Denmark, Slovenia, Belgium, France, Germany, Luxemburg, Switzerland, Finland, and Netherland are determined as the strongest positive attraction centers in all Europe countries. Thirdly, Asian countries as India, Uzbekistan, Afghanistan, Kyrgyzstan, Nepal, Tajikistan, Bangladesh and Myanmar are obtained as the strongest negative attraction centers for Asia. The rest of countries in Asia have been negatively affected by these negative attraction centers. Finally, for the big part of Asia (exclude countries as Japan, South Korea) regions, political terrorism is one of the biggest factors of poorness and weakness of per capita GDP
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