Tina Das, professor of Economics and Casey DiRienzo, associate professor of Economics and associate dean of the Love School of Business, have had their paper, "Assessing terrorist risk and FDI using relative information measures," published in Applied Economics Letters. The paper was co-authored with Anthony Mancuso of SAS Institute in Cary, NC.
Their article examines what specific aspect of terrorist risk impacts a country’s ability to operate in the global market. Using the five sub-indices of the World Market Research Center’s Global Terrorism Index, their study
explores how the different dimensions of terrorist risk impact the inflow of Foreign Direct Investment (FDI). Their research suggests that a country’s proven ability to prevent terrorist activity has the most significant impact on foreign investment.
Applied Economics Letters, a companion journal to Applied Economics and Applied Financial Economics, publishes short accounts of new original research, and encourages discussion of papers previously published in its two companion journals.