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Empirical investigation of the relationship between terrorism, public debt and economically active women in the ECOWAS zone

Author

Listed:
  • Essosinam Franck Karabou

    (University of Kara)

  • Komlan Ametowoyo Adeve

    (University of Kara)

Abstract

The objective of this research is to determine the impact of terrorism on the level of indebtedness of West African countries by highlighting the role and interactions of the proportion of economically active women in this relationship over the period 2010 to 2019. The methodology adopted is based on generalized methods of moments (GMM) in a dynamic panel system. After estimation, the results of the two models revealed that the increase in terrorism worsens the region's public debt by 0.006% and the proportion of economically active women decreases the debt level by 0.823%. However, the interaction between terrorism and the proportion of economically active women increases the debt level by 0.0061%, revealing that although the female labor force (proportion of economically active women) contributes positively to the economy of the ECOWAS zone, terrorism inhibits the positive contribution of the female force.

Suggested Citation

  • Essosinam Franck Karabou & Komlan Ametowoyo Adeve, 2024. "Empirical investigation of the relationship between terrorism, public debt and economically active women in the ECOWAS zone," Economics Bulletin, AccessEcon, vol. 44(2), pages 528-543.
    • Handle: RePEc:ebl:ecbull:eb-24-00284
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    More about this item

    Keywords

    terrorism; public debt; economically active women; dynamic panels; ECOWAS.;
    All these keywords.

    JEL classification:

    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H6 - Public Economics - - National Budget, Deficit, and Debt

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