EconPapers    
Economics at your fingertips  
 

The Economic Impact of Political Instability and Mass Civil Protest

Samer Matta, Simon Appleton and Michael Bleaney

No 2017-03, Discussion Papers from University of Nottingham, CREDIT

Abstract: 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.

Keywords: Political Instability; Economic Recovery; Synthetic Control Method. (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gro and nep-pol
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.nottingham.ac.uk/credit/documents/papers/2017/17-03.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:not:notcre:17/03

Access Statistics for this paper

More papers in Discussion Papers from University of Nottingham, CREDIT School of Economics University of Nottingham University Park Nottingham NG7 2RD. Contact information at EDIRC.
Bibliographic data for series maintained by Hilary Hughes ().

 
Page updated 2019-10-10
Handle: RePEc:not:notcre:17/03