Hybrid threats as an exogenous economic shock

TL;DR

This paper develops an econometric model to analyze exogenous economic shocks and explores hybrid threats' economic aspects, aiming to enhance understanding of business cycle fluctuations and bridge defense and security research.

Contribution

It introduces a novel econometric approach to study hybrid threats as economic shocks, integrating cross-disciplinary insights into their economic characteristics.

Findings

Econometric model explains business cycle fluctuations.

Hybrid threats possess distinct economic features.

Cross-disciplinary analysis enriches understanding of security-related shocks.

Abstract

The aim of this study is to contribute to the theory of exogenous economic shocks and their equivalents in an attempt to explain business cycle fluctuations, which still do not have a clear explanation. To this end the author has developed an econometric model based on a regression analysis. Another objective is to tackle the issue of hybrid threats, which have not yet been subjected to a cross-disciplinary research. These were reviewed in terms of their economic characteristics in order to complement research in the fields of defence and security.