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Destruction and distress: using a quasi-experiment to show the effects of the September 11 attacks on subjective well-being in the UK

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  • Robert Metcalfe
  • Nattavudh Powdthavee
  • Paul Dolan

Abstract

Using a longitudinal household panel dataset in the United Kingdom, where most interviews are conducted in September each year, we are able to show that the attacks of September 11 resulted in lower levels of subjective well-being for those interviewed after that date in 2001 compared to those interviewed before it. This quasi-experiment provides one of the first examples of the impact of a terrorist attack in one country on well-being in another country. We value this effect through a cost of illness approach, which is estimated to be between £170 and £380 million.

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File URL: http://www.york.ac.uk/media/economics/documents/discussionpapers/2009/0910.pdf
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Bibliographic Info

Paper provided by Department of Economics, University of York in its series Discussion Papers with number 09/10.

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Handle: RePEc:yor:yorken:09/10

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Postal: Department of Economics and Related Studies, University of York, York, YO10 5DD, United Kingdom
Phone: (0)1904 323776
Fax: (0)1904 323759
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Web page: http://www.york.ac.uk/economics/
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Related research

Keywords: terrorism; September 11; subjective well-being.;

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Cited by:
  1. Tim Tiefenbach & Florian Kohlbacher, 2013. "Disentangling the Happiness Effects of Natural Disasters: The Mitigating Effects of Charitable Donations," DIJ Working Papers 1305, German Institute for Japanese Studies (DIJ), Business & Economics Section.
  2. Dolan, Paul & Metcalfe, Robert, 2012. "The relationship between innovation and subjective wellbeing," Research Policy, Elsevier, vol. 41(8), pages 1489-1498.
  3. repec:hal:wpaper:halshs-00580907 is not listed on IDEAS
  4. Leonardo Becchetti & Andrew E. Clark & Elena Giachin Ricca, 2011. "The Value of Diplomacy: Bilateral Relations and Immigrant Well-Being," CEIS Research Paper 190, Tor Vergata University, CEIS, revised 29 Mar 2011.
  5. John Feddersen & Robert Metcalfe & Mark Wooden, 2012. "Subjective Well-Being: Weather Matters; Climate Doesn't," Melbourne Institute Working Paper Series wp2012n25, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
  6. Yukiko Uchida & Yoshiaki Takahashi & Kentaro Kawahara, 2014. "Changes in Hedonic and Eudaimonic Well-Being After a Severe Nationwide Disaster: The Case of the Great East Japan Earthquake," Journal of Happiness Studies, Springer, vol. 15(1), pages 207-221, February.

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