How Does Political Instability Affect Economic Growth?

How Does Political Instability Affect Economic Growth?
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth... READ MORE...

Publication date: January 2011
ISBN 9781455211906
$18.00

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