Buesa Blanco, MiguelValiño Castro, AureliaHeijs, Jozef Johanes HendrikusBaumert Núñez, ThomasGonzález Gómez, Javier2023-06-202023-06-202006https://hdl.handle.net/20.500.14352/56645This 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 a conservative 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 the regional 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 terrorist attack such as the one of March 11 apart from human catastrophic consequences is relatively low.engtechnical reportopen accessTerrorismCosts of TerrorismTerrorist Attacks March 11Region of MadridEconomía regional