Arbeitspapier
The economic impact of political instability and mass civil protest
Previous work has investigated whether political instability has a negative effect on economic growth, with mixed results, largely because political instability can take various forms. Using synthetic control methodology, which constructs a counterfactual in the absence of political instability, we estimate the output effect of 38 regime crises in the period 1970-2011. A crucial factor is whether crises are accompanied by mass civil protest. In the crises accompanied by mass civil protest, there is typically an immediate fall in output which is never recovered in the subsequent five years. In crises unaccompanied by protest, there are usually no significant effects.
- Language
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Englisch
- Bibliographic citation
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Series: CREDIT Research Paper ; No. 17/03
- Classification
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Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Economic Growth of Open Economies
Capitalist Systems: Political Economy
- Subject
-
Aid
Political Instability
Economic Recovery
Synthetic Control Method
- Event
-
Geistige Schöpfung
- (who)
-
Matta, Samer
Appleton, Simon
Bleaney, Michael F.
- Event
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Veröffentlichung
- (who)
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The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
- (where)
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Nottingham
- (when)
-
2017
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Matta, Samer
- Appleton, Simon
- Bleaney, Michael F.
- The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
Time of origin
- 2017
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