Terrorism and the effectiveness of security spending in Greece: Policy implications of some empirical findings
Greece has over the years faced serious security challenges from domestic as well as transnational terrorist activity. This paper examines empirically the effectiveness of counter-terrorism policy and particularly it focuses on current and investment expenditure on domestic security and public order. Using annual budget data for the 1974-2004 period, it investigates whether current and investment spending by the Ministry of Public Order has been an effective policy measure to counter terrorism. The results seem to suggest that such investment has at best a weak negative impact on internal terrorist actions. The main policy implication of this finding is that investing in counter-terrorist infrastructure and equipment can potentially prove to be an effective policy measure in the fight against terrorism. This, however, may be conditional upon a number of other factors including other anti-terrorist measures such as legislation or how efficiently such expenditure is used.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Tilman Bruck, 2005.
"An Economic Analysis Of Security Policies,"
Defence and Peace Economics,
Taylor & Francis Journals, vol. 16(5), pages 375-389.
- Tilman Brück, 2004. "An Economic Analysis of Security Policies," HiCN Working Papers 06, Households in Conflict Network.
- Tilman Brück, 2004. "An Economic Analysis of Security Policies," Discussion Papers of DIW Berlin 456, DIW Berlin, German Institute for Economic Research.
- Crepon, Bruno & Duguet, Emmanuel, 1997. "Research and development, competition and innovation pseudo-maximum likelihood and simulated maximum likelihood methods applied to count data models with heterogeneity," Journal of Econometrics, Elsevier, vol. 79(2), pages 355-378, August.
- Crepon, B. & Duguet, E., 1995. "Research and Development, Competition and Innovation; Pseudo Maximum Likelihood and Simulated Maximum Likelihood Methods Applied to Count Data Models with Heterogeneity," Papiers d'Economie MathÃ©matique et Applications 95.08, UniversitÃ© PanthÃ©on-Sorbonne (Paris 1).
- Christos Kollias & Suzanna-Maria Paleologou, 2003. "Domestic political and external security determinants of the demand for greek military expenditure," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(6), pages 437-445.
- Beom Lee & Walter Enders & Todd Sandler, 2009. "9/11: What Did We Know And When Did We Know It?," Defence and Peace Economics, Taylor & Francis Journals, vol. 20(2), pages 79-93.
- Barros, Carlos Pestana & Passos, Jose & Gil-Alana, Luis A., 2006. "The timing of ETA terrorist attacks," Journal of Policy Modeling, Elsevier, vol. 28(3), pages 335-346, April.
- Hausman, Jerry & Hall, Bronwyn H & Griliches, Zvi, 1984. "Econometric Models for Count Data with an Application to the Patents-R&D Relationship," Econometrica, Econometric Society, vol. 52(4), pages 909-938, July.
- Jerry A. Hausman & Bronwyn H. Hall & Zvi Griliches, 1984. "Econometric Models for Count Data with an Application to the Patents-R&D Relationship," NBER Technical Working Papers 0017, National Bureau of Economic Research, Inc.
- Carlos Pestana Barros, 2003. "An intervention analysis of terrorism: The spanish eta case," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(6), pages 401-412.
- Enders, Walter & Sandler, Todd, 2000. "Is Transnational Terrorism Becoming More Threatening? A Time-Series Investigation," Staff General Research Papers Archive 1823, Iowa State University, Department of Economics.
- Cameron, A Colin & Trivedi, Pravin K, 1986. "Econometric Models Based on Count Data: Comparisons and Applications of Some Estimators and Tests," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 1(1), pages 29-53, January.
- Drakos, Konstantinos & Kutan, Ali M., 2001. "Regional effects of terrorism on tourism: Evidence from three Mediterranean countries," ZEI Working Papers B 26-2001, University of Bonn, ZEI - Center for European Integration Studies.
- Raphaël Franck & Arye Hillman & Miriam Krausz, 2005. "Public Safety And The Moral Dilemma In The Defense Against Terror," Defence and Peace Economics, Taylor & Francis Journals, vol. 16(5), pages 347-364.
- Franck, Raphael & Hillman, Arye L. & Krausz, Miriam, 2004. "Public Safety and the Moral Dilemma in the Defense Against Terror," CEPR Discussion Papers 4736, C.E.P.R. Discussion Papers.
- Enders, Walter & Sandler, Todd & Parise, Gerald F, 1992. "An Econometric Analysis of the Impact of Terrorism on Tourism," Kyklos, Wiley Blackwell, vol. 45(4), pages 531-554.
- Carlos Pestana Barros & Luis Gil-Alana, 2006. "Eta: A Persistent Phenomenon," Defence and Peace Economics, Taylor & Francis Journals, vol. 17(2), pages 95-116.
- Rafael Llorca-Vivero, 2008. "Terrorism And International Tourism: New Evidence," Defence and Peace Economics, Taylor & Francis Journals, vol. 19(2), pages 169-188. Full references (including those not matched with items on IDEAS)