RT Report T1 The economic cost of march 11: measuring the direct economic cost of the terrorist attacck on March 11, 2004 in Madrid A1 Buesa Blanco, Miguel A1 Valiño Castro, Aurelia A1 Heijs, Jozef Johanes Hendrikus A1 Baumert Núñez, Thomas A1 González Gómez, Javier AB This paper measures the direct costs that the terrorist attacks of March 11 caused on the economy of the region of Madrid. The evaluation has been made applying aconservative criterion, and the results obtained have to be considered as minimum. The result indicates that the terrorist attacks caused a loss of nearly 212 million euros to theregional economy of Madrid, equivalent to 0,16 per cent of the regional GDP (0,03 of the national GDP). This confirms that the immediate economic dimension of a terroristattack such as the one of March 11 apart from human catastrophic consequences is relatively low. PB Instituto de Análisis Industrial y Financiero, Universidad Complutense de Madrid YR 2006 FD 2006 LK https://hdl.handle.net/20.500.14352/56645 UL https://hdl.handle.net/20.500.14352/56645 LA eng DS Docta Complutense RD 13 may 2025