Political Instability and Economic Growth in the State of Yemen Analysis Study
Najeeb Alomaisi
Journal of Public Administration and Governance, 2020, vol. 10, issue 2, 233260
Abstract:
This paper explores the drivers of political instability and how political instability affects the economy in the context of Yemen. It is a low country income, although the critical location is at the southern end of the Arabian Peninsula with 200 islands. The country is rife with terrorists and lives under much socio-political strife. We implemented an empirical model to test the correlations and multiple regression between political instability and economic growth. The study found that there is a high negative correlation between volatility and economic growth with negative correlations value. Furthermore, we investigate the significance of the regression -enter method- stepwise method which show the existence of the impact of the political instability index conflict, and civil war in economic growth.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:mth:jpag88:v:10:y:2020:i:2:p:233-260
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