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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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2011.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2011/012 |
| On-line přístup: | Full text available on IMF |