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...
| Main Author: | Aisen, Ari |
|---|---|
| Other Authors: | Veiga, Francisco Jose |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2011.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2011/012 |
| Online Access: | Full text available on IMF |
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