LAUSR

This paper reports that the econometric findings of Azam & Thelen (2010) remain valid when the sample is extended by 10 years to cover 1990–2014 in Azam & Thelen (2018). They blame the presence of US troops in oil-exporting countries and their neighbors for increasing transnational terrorist attacks by nationals from these countries. They also confirm that foreign aid and educational capital are playing the opposite role by reducing the number of such attacks. The “Obama years” saw a lowered presence of US troops overseas and their smaller marginal impact on transnational terrorism.