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The economic cost of the Islamic State on the Syrian and Iraqi economies

Author

Listed:
  • Mario Arturo Ruiz Estrada

    (University of Malaya)

  • Alam Khan

    (Kohat University of Science & Technology (KUST))

  • Donghyun Park

    (Asian Development Bank (ADB))

Abstract

In this paper, we evaluate the economic cost of the Islamic State on the Syrian and Iraqi economies from 2010 to 2016. To do so, we use the Post-Terrorism Final Economic Damage Simulator—PTFED-Simulator. The PTFED-Simulator assesses the economic damage of terrorism based on ten different indicators: (1) total regional terrorism tension (∆Tt); (2) harmonized anti-terrorist strategy (AT+); (3) war losses from terrorism (−πt); (4) total economic leakage from terrorism (−Ψt); (5) economic desgrowth from terrorism (−δt); (6) military dimension of terrorism (MDt); (7) post-terrorism economic damage (−Πt); (8) post terrorism economic damage evaluation; (9) post-terrorism reconstruction plan (PTRt); and (10) terrorism effect on mega-disk networks mapping. Overall, we seek to evaluate the impact of terrorism on economic performance from a multi-dimensional perspective in both the short run and long run.

Suggested Citation

  • Mario Arturo Ruiz Estrada & Alam Khan & Donghyun Park, 2018. "The economic cost of the Islamic State on the Syrian and Iraqi economies," Quality & Quantity: International Journal of Methodology, Springer, vol. 52(4), pages 1707-1730, July.
    • Handle: RePEc:spr:qualqt:v:52:y:2018:i:4:d:10.1007_s11135-017-0549-9
    DOI: 10.1007/s11135-017-0549-9
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    References listed on IDEAS

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    5. Estrada, Mario Arturo Ruiz & Park, Donghyun & Kim, Jung Suk & Khan, Alam, 2015. "The economic impact of terrorism: A new model and its application to Pakistan," Journal of Policy Modeling, Elsevier, vol. 37(6), pages 1065-1080.
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    Cited by:

    1. Safwan A. Mohammed & Ali Alkerdi & János Nagy & Endre Harsányi, 2020. "Syrian crisis repercussions on the agricultural sector: Case study of wheat, cotton and olives," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(3), pages 519-537, June.
    2. Ruiz Estrada, Mario Arturo & Park, Donghyun & Khan, Alam, 2018. "The impact of terrorism on economic performance: The case of Turkey," Economic Analysis and Policy, Elsevier, vol. 60(C), pages 78-88.
    3. Mario Arturo Ruiz Estrada & Donghyun Park & Alam Khan & Muhammad Tahir, 2019. "Is terrorism, poverty, and refugees the dark side of globalization?," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(4), pages 1823-1835, July.

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