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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Dettagli Bibliografici
Autore principale: Aisen, Ari
Altri autori: Veiga, Francisco Jose
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/012
Accesso online:Full text available on IMF