Growth, volatility and political instability: Non-linear time-series evidence for Argentina, 1896-2000

Nauro Campos and Menelaos G. Karanasos

Economics Letters, 2008, vol. 100, issue 1, 135-137

Abstract: We investigate the growth volatility-political instability relationship in a power-ARCH framework (for Argentina, 1896-2000). Main finding is that while "informal" political instability (e.g., assassinations) has a direct negative effect on economic growth, "formal" instability has an indirect impact (through growth volatility).

Date: 2008
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Citations: View citations in EconPapers (22)

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Related works:
Working Paper: Growth, Volatility and Political Instability: Non-Linear Time-Series Evidence for Argentina, 1896-2000 (2007)
Working Paper: Growth, Volatility and Political Instability: Non-Linear Time-Series Evidence for Argentina, 1896-2000 (2007)
Working Paper: Growth, Volatility and Political Instability: Non-Linear Time-Series Evidence for Argentina, 1896–2000 (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:100:y:2008:i:1:p:135-137

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