EconPapers    
Economics at your fingertips  
 

Political instability and economic growth: Evidence from two decades of transition in CEE

Henryk Gurgul and Łukasz Lach ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper examines the nexus between political instability and economic growth in 10 CEE countries in transition in the period 1990-2009. Our results support the contention that political instability defined as a propensity for government change had a negative impact on growth. On the other hand, there was no causality in the opposite direction. A sensitivity analysis based on the application of a few hundred different variants of the initial econometric model confirmed the abovementioned findings only in the case where major government changes were applied to the definition of political instability.

Keywords: political instability; economic growth; CEE transition economies (search for similar items in EconPapers)
JEL-codes: O1 O10 O4 O40 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-fdg, nep-pol and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Published in Communist and Post-Communist Studies 2.46(2013): pp. 189-202

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/52230/1/MPRA_paper_52230.pdf original version (application/pdf)

Related works:
Working Paper: Political instability and economic growth: Evidence from two decades of transition in CEE (2012) Downloads
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:pra:mprapa:52230

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2024-04-08
Handle: RePEc:pra:mprapa:52230