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Revolution empirics: predicting the Arab Spring

Simplice Asongu and Jacinta Nwachukwu ()

MPRA Paper from University Library of Munich, Germany

Abstract: The paper examines whether the Arab Spring phenomenon was predictable by complete elimination in the dispersion of core demands for better governance, more jobs and stable consumer prices. A methodological innovation of the Generalized Methods of Moments is employed to assess the feasibility and timing of the revolution. The empirical evidence reveals that from a projection date of 2007, the Arab Spring was foreseeable between 2011 and 2012. The paper contributes at the same time to the empirics of predicting revolutions and the scarce literature on modeling the future of socio-economic events. Caveats and cautions are discussed.

Keywords: Arab Spring; Political Instability; Timing; Economic Growth (search for similar items in EconPapers)
JEL-codes: N17 O11 O20 O47 P52 (search for similar items in EconPapers)
Date: 2014-08-13
New Economics Papers: this item is included in nep-ara
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Revolution empirics: predicting the Arab Spring (2016) Downloads
Working Paper: Revolution empirics: predicting the Arab Spring (2014) Downloads
Working Paper: Revolution empirics: predicting the Arab Spring (2014) Downloads
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