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...

Полное описание

Библиографические подробности
Главный автор: Aisen, Ari
Другие авторы: Veiga, Francisco Jose
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2011.
Серии:IMF Working Papers; Working Paper ; No. 2011/012
Online-ссылка:Full text available on IMF