published as 'The inadvertent consequences of al-Qaeda news coverage' in: European Economic Review, 2019, 119, 391-410
Can media coverage of a terrorist organization encourage their execution of further attacks? This paper analyzes the day-to-day news coverage of Al-Qaeda on US television since 9/11 and the group's terrorist strikes. To isolate causality, I use disaster deaths worldwide as an exogenous variation that crowds out Al-Qaeda coverage in an instrumental variable framework. The results suggest a positive and statistically powerful effect of CNN, NBC, CBS, and Fox News coverage on subsequent Al-Qaeda attacks. This result is robust to a battery of alternative estimations, extensions, and placebo regressions. One minute of Al-Qaeda coverage in a 30-minute news segment causes approximately one attack in the upcoming week, equivalent to 4.9 casualties, on average.
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