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The economic cost of march 11: measuring the direct economic cost of the terrorist attacck on March 11, 2004 in Madrid

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Buesa Blanco, Mikel y Valiño Castro, Aurelia y Heijs, Joost y Baumert, Thomas y González Gómez, Javier (2006) The economic cost of march 11: measuring the direct economic cost of the terrorist attacck on March 11, 2004 in Madrid. [ Documentos de trabajo del IAIF; nº 54, 2006, ]

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URL Oficial: http://eprints.ucm.es/7940/



Resumen

This paper measures the direct costs that the terrorist attacks of March 11 caused on the economy of the region of Madrid. The evaluation has been made applying a
conservative criterion, and the results obtained have to be considered as minimum. The result indicates that the terrorist attacks caused a loss of nearly 212 million euros to the
regional economy of Madrid, equivalent to 0,16 per cent of the regional GDP (0,03 of the national GDP). This confirms that the immediate economic dimension of a terrorist
attack such as the one of March 11 apart from human catastrophic consequences is relatively low.


Tipo de documento:Documento de trabajo o Informe técnico
Palabras clave:Terrorism, Costs of Terrorism, Terrorist Attacks March 11, Region of Madrid
Materias:Ciencias Sociales > Economía > Economía regional
Título de serie o colección:Documentos de trabajo del IAIF
Volumen:2006
Número:54
Código ID:7940
Depositado:02 Jun 2008
Última Modificación:06 Feb 2014 07:57

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