TY  - JOUR
PY  - 2013//
TI  - Impact of terrorism on investment decisions of farmers: evidence from the Punjab insurgency
JO  - Journal of conflict resolution
A1  - Singh, Prakarsh
SP  - 143
EP  - 168
VL  - 57
IS  - 1
N2  - This article provides evidence for a particular channel through which sustained terrorism in rural areas may affect growth in developing countries. Using micro-level data from agricultural surveys during the period of insurgency in Punjab (India), I find significant negative effects of terrorism on the level of investment in long-term agricultural technology, but effects are small and insignificant for short-term investment. The presence of a major terrorist incident in a district in a year reduces long-term fixed investment by around 17 percent after controlling for district fixed-effects, time trends, district trends, and other farm-level controls. These negative effects are greater for richer farmers and those living in bordering districts. This results in a farmer losing close to 4 percent of his income annually because of the insurgency.<p />  <p>Language: en</p>
LA  - en
SN  - 0022-0027
UR  - http://dx.doi.org/10.1177/0022002712464850
ID  - ref1
ER  -