Political instability and political terror: global evidence on persistence
Simplice Asongu (),
Joseph Uduji () and
Elda Okolo-Obasi ()
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Joseph Uduji: University of Nigeria, Nsukka, Nigeria
Elda Okolo-Obasi: University of Nigeria, Nsukka, Nigeria
No 20/016, Working Papers of the African Governance and Development Institute. from African Governance and Development Institute.
We test the hypotheses that fundamental characteristics in regional proximity, landlockedness, religious-domination, legal origin, and income levels affect cross-country differences in the persistence in political terror and political instability in 163 countries for the period 2010 to 2015. The empirical evidence is based on Generalised Method of Moments. The hypotheses are that the following are associated with comparatively higher levels of persistence in political terror and political instability: regions with predominantly low income countries (Hypothesis 1); landlockedness (Hypothesis 2); Christian-orientation (Hypothesis 3); French civil law (Hypothesis 4) and Low income (Hypothesis 5). The tested hypotheses are largely invalid. Only Hypothesis 5 and Hypothesis 2 are robustly investigated in the light of concerns about instrument proliferation. Hypothesis 2 is valid for political terror but not for political instability while Hypothesis 5 is neither valid for political instability nor for political terror.
Keywords: political instability; political terror; economic development; comparative studies (search for similar items in EconPapers)
JEL-codes: D74 H56 N40 O10 O57 (search for similar items in EconPapers)
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Forthcoming: Journal of Public Affairs
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Working Paper: Political instability and political terror: global evidence on persistence (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:agd:wpaper:20/016
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