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Can News Draw Blood? The Impact of Media Coverage on the Number and Severity of Terror Attacks

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  • Beckmann Klaus B.

    (Department of Economics, Helmut-Schmidt-Universität/UniBw Hamburg, Holstenhofweg 85, D-22043 Hamburg, Germany)

  • Dewenter Ralf

    (Department of Economics, Helmut-Schmidt-Universität/UniBw Hamburg, Holstenhofweg 85, D-22043 Hamburg, Germany)

  • Thomas Tobias

    (Düsseldorf Center for Competition Economics (DICE), Heinrich-Heine-Universität Düsseldorf, Universitätsstr. 1, D-40225 Düsseldorf, Germany)

Abstract

Using a new data set that captures the share of reporting on terrorism, we explore the nexus between terrorist attacks and the news. It turns out that terrorism mainly influences news reports through the number of incidents. Regarding the reverse causality, we provide evidence that the share of the news devoted to terrorism Granger-causes further terrorist activities. However, short-run and medium-run effects differ: media coverage on terror only impact in the severity of terror in the short run (up to two months). From the third to the tenth months, it causes an increase in the number as well as in the severity of the attack. These observations are consistent with the idea of competition between terrorist groups.

Suggested Citation

  • Beckmann Klaus B. & Dewenter Ralf & Thomas Tobias, 2017. "Can News Draw Blood? The Impact of Media Coverage on the Number and Severity of Terror Attacks," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 23(1), pages 1-16, January.
    • Handle: RePEc:bpj:pepspp:v:23:y:2017:i:1:p:16:n:2
    DOI: 10.1515/peps-2016-0025
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    Cited by:

    1. Julia Wolfinger & Lars P. Feld & Ekkehard A. Köhler & Tobias Thomas, 2018. "57 Channels (And Nothin On) - Does TV-News on the Eurozone Affect Government Bond Yield Spreads?," CESifo Working Paper Series 7437, CESifo.
    2. Bernhardt, Lea & Dewenter, Ralf & Thomas, Tobias, 2023. "Measuring partisan media bias in US newscasts from 2001 to 2012," European Journal of Political Economy, Elsevier, vol. 78(C).
    3. Dewenter, Ralf & Dulleck, Uwe & Thomas, Tobias, 2018. "The political coverage index and its application to government capture," Research Papers 6, EcoAustria – Institute for Economic Research.
    4. Bruno S Frey & Margit Osterloh, 2018. "Strategies to Deal with Terrorism," CESifo Economic Studies, CESifo Group, vol. 64(4), pages 698-711.
    5. Benesch, Christine & Loretz, Simon & Stadelmann, David & Thomas, Tobias, 2019. "Media coverage and immigration worries: Econometric evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 160(C), pages 52-67.
    6. Bernhardt, Lea & Dewenter, Ralf & Thomas, Tobias, 2020. "Watchdog or loyal servant? Political media bias in US newscasts," DICE Discussion Papers 348, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    7. Diermeier, Matthias & Goecke, Henry & Niehues, Judith & Thomas, Tobias, 2017. "Impact of inequality-related media coverage on the concerns of the citzens," DICE Discussion Papers 258, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    8. Céline Bonnet & Jan Philip Schain, 2020. "An Empirical Analysis Of Mergers: Efficiency Gains And Impact On Consumer Prices," Journal of Competition Law and Economics, Oxford University Press, vol. 16(1), pages 1-35.
    9. Dewenter, Ralf & Linder, Melissa & Thomas, Tobias, 2018. "Can media drive the electorate? The impact of media coverage on party affiliation and voting intentions," Research Papers 7, EcoAustria – Institute for Economic Research.
    10. Thomas, Tobias, 2020. "Zur Rolle der Medien in der Demokratie," DICE Ordnungspolitische Perspektiven 104, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    11. Hirsch, Patrick & Köhler, Ekkehard A. & Feld, Lars P. & Thomas, Tobias, 2020. ""Whatever it takes!": How tonality of TV-news affects government bond yield spreads during crises," Freiburg Discussion Papers on Constitutional Economics 20/9, Walter Eucken Institut e.V..
    12. Raffaele Guetto & Maria Francesca Morabito & Daniele Vignoli & Matthias Vollbracht, 2021. "Media Coverage of the Economy and Fertility," Econometrics Working Papers Archive 2021_12, Universita' degli Studi di Firenze, Dipartimento di Statistica, Informatica, Applicazioni "G. Parenti".
    13. Christian Bjørnskov & Stefan Voigt, 2020. "When Does Terror Induce a State of Emergency? And What Are the Effects?," Journal of Conflict Resolution, Peace Science Society (International), vol. 64(4), pages 579-613, April.
    14. Dewenter, Ralf & Linder, Melissa & Thomas, Tobias, 2019. "Can media drive the electorate? The impact of media coverage on voting intentions," European Journal of Political Economy, Elsevier, vol. 58(C), pages 245-261.
    15. Ralf Dewenter & Uwe Dulleck & Tobias Thomas, 2020. "Does the 4th estate deliver? The Political Coverage Index and its application to media capture," Constitutional Political Economy, Springer, vol. 31(3), pages 292-328, September.
    16. Youssef Akil & Hendrik Sonnabend, 2021. "The common-interest game between terrorists and the media: replication and extension," Empirical Economics, Springer, vol. 60(3), pages 1593-1606, March.
    17. Bantle, Melissa & Muijs, Matthias, 2018. "A new price test in geographic market definition – an application to german retail gasoline market," Working Paper 180/2018, Helmut Schmidt University, Hamburg.
    18. Beckmann, Klaus B., 2017. "Bounded rationality in differential games," Working Paper 178/2017, Helmut Schmidt University, Hamburg.

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    More about this item

    Keywords

    terrorism; media; news reporting;
    All these keywords.

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School

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