The Impact of Terrorism on Social Capital: Evidence from the 2015 Charlie Hebdo Paris Shooting
Document Type
Article
Publication Date
10-22-2019
Publication Title
Oxford Bulletin of Economics and Statistics
Volume
82
Issue
3
First page number:
526
Last page number:
548
Abstract
We examine the impact of terrorism on social capital by exploiting variation in the 2014 European Social Survey administration dates coupled with the 2015 Charlie Hebdo attack in Paris, France. Using the difference‐in‐differences estimator, we find that the attack had a positive, causal impact on the overall level of social capital among French respondents. Further, the effect seems to be driven by an increase in institutional and interpersonal trust, as well as by engagement in social networks. This rise in social capital peaks in the immediate aftermath of the terrorist attack but subsequently decays to pre‐attack levels within approximately one month.
Keywords
Terrorism attacks; Social capital; Causal impacts; Institutional trust; Social networks; Economic success
Disciplines
Economics | Public Affairs, Public Policy and Public Administration | Social and Behavioral Sciences | Terrorism Studies
Language
English
Repository Citation
McCoy, S. J.,
Mcdonough, I. K.,
Roychowdhury, P.
(2019).
The Impact of Terrorism on Social Capital: Evidence from the 2015 Charlie Hebdo Paris Shooting.
Oxford Bulletin of Economics and Statistics, 82(3),
526-548.
http://dx.doi.org/10.1111/obes.12343