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The legacy of the 1999 Columbine School shooting has resulted in increased political elements in subsequent shootings and the line between these school shooters and terrorists has blurred. Current research comparing terrorists and school shooters has largely focused on the similarities between the perpetrators using largely qualitative methods. With the behavioural and subsequent economic impacts of terrorism having been previously identified, this paper investigates if these behavioural changes and impacts are present following school shootings. Through the use of a logit regression of historical school shooting data, we find evidence that support our theories that school shootings cause fear and change consumer behaviours.

Shooting the Economy in the Foot: The Economic Effects of School Shootings in America