How Does Political Instability Affect Economic Growth? /

The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political...

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Detalhes bibliográficos
Autor principal: Aisen, Ari
Outros Autores: Veiga, Francisco Jose
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2011.
coleção:IMF Working Papers; Working Paper ; No. 2011/012
Acesso em linha:Full text available on IMF