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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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2011.
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Serier: | IMF Working Papers; Working Paper ;
No. 2011/012 |
Online adgang: | Full text available on IMF |