The impact of the Arab Spring on the Tunisian economy

Samer Naji Matta, Simon Appleton and Michael Bleaney

No 7856, Policy Research Working Paper Series from The World Bank

Abstract: This paper uses Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the"Arab Spring."The results suggest that the loss was 5.5 percent, 5.1 percent, and 6.4 percent of GDP in 2011, 2012, and 2013 respectively. These findings are robust to a series of tests, including placebo tests, and are consistent with those from an Autoregressive Distributed Lag Model of Tunisia's economic growth. Moreover, thispaper finds that investment was the main channel through which the economy was adversely impacted by the Arab Spring.

Keywords: Macroeconomic Management; Governance Diagnostic Capacity Building; Economic Forecasting (search for similar items in EconPapers)
Date: 2016-10-11
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: The Impact of the Arab Spring on the Tunisian Economy (2019)
Working Paper: The Impact of the Arab Spring on the Tunisian Economy (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:7856

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