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Dragana Stanišić, Ph.D.Junior ResearcherOngoing projects : Small and Medium Enterprises in Serbia from 2005 to 2012 The paper uses descriptive and clustering analysis to examine the main characteristics of Serbian SMEs in eight year period. Publications: Does Higher Education Decrease Support for Terrorism? (2013) [with Jitka Malečková] The paper examines the educational level of the part of the public in 16 Middle Eastern, Asian and African countries who justify suicide bombing and dislike regional/world powers, and its relationship with the occurrence of terrorism originating from the former countries and directed against the powers. We find that the share of highly educated people in this critical support group (regardless of gender and age) in a country is significantly correlated with the number of international terrorist acts carried out by individuals or groups from that country. The paper confirms that public opinion has an impact on terrorism and suggests that increasing education is not by itself a sufficient means of counter-terrorist policy. The Public Opinion and Terrorist Acts (2011) [with Jitka Malečková] The paper examines support for terrorism in public opinion and the relationship with terrorist attacks. We link the 2007 PEW survey data on justification for suicide terror and opinions in 16 countries of the Middle East, Africa and Asia on nine regional powers, to the NCTC data on international terrorist acts between 2004 and 2008. We find that justification in public opinion for suicide terrorism increases terror attacks on people in countries that are unfavorably regarded. There is a robust positive relationship between the share of the population in a country that at the same time justifies suicide bombings and has an unfavorable opinion of another country, and terrorism originating from the former country. Working Papers: Terrorist Attacks and Foreign Direct Investment Flows Between Countries (2013) [Job Market Paper; Draft Version - please do not cite] The paper empirically investigates how international terrorism and institutional factors affect foreign direct investment (FDI) outflows from rich countries. I employ a sample of 23 FDI sending countries in the period from 1995 to 2010, and use the sample selection correction method to address the missing observations problem. I show that, on average, if FDI host country increases the number of terrorist attacks towards investor by one standard deviation, decreases flow of investment by 14 percent of the average FDI share in a host's GDP. I also find that if one investor experiences an attack, other investors suffer from a negative spillover effect. Finally, I find that in the last 16 years perceived political stability is the most important factor for FDI investments.
Whose support matters for occurrence of terrorism? (2013) [with Jitka Malečková] The paper examines the educational level of the part of the public in 16 Middle Eastern, Asian and African countries who justify suicide bombing and dislike regional/world powers, and its relationship with the occurrence of terrorism originating from the former countries and directed against the powers. We find that the share of highly educated people in the critical support group (regardless of gender and age) in a country is significantly correlated with the number of international terrorist acts carried out by individuals or groups from that country. The paper confirms that public opinion has an impact on terrorism and suggests that increasing education is not by itself a sufficient means of counter-terrorist policy.
The Effect of Terrorist Attacks on Capital Flows (2012) [with Randall K. Filer] Current literature shows that there is a significant negative impact of occurrence of terrorism on countries economies. We explore this relationship in more detail. Firstly, using unbalanced panel of over 160 countries during 25 years and Global Terrorism Database (GTD) we obtain similar results as previous findings of FDI decrease as a consequence of terrorism. Second, using panel data analysis we find evidence that FDI flows are more sensitive to terrorism than either portfolio investments or external debt flows. We also test the hypothesis that occurrence of terrorism has negative spill-over effect on FDI flows of neighboring countries and find evidence that cultural rather than geographical dimensions matter. Analysis of WITS Impact on Scholarly Work on Terrorism (2011) [with Krueger A., Laitin, D., and Shapiro, J.] (Unpublished manuscript)
The study is a comparison between GTD, ITERATE, RAND and WITS terrorism datasets. The comparison was mainly focused on trends between datasets and the differences based on known and unknown perpetrators of attacks. Policy Analysis: Terrorism: does public opinion matter? (2012) CERGE-EI research in brief series |