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Did the Arab Spring Reduce MENA Countries' Growth?

Author

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  • Arayssi, Mahmoud

    (Lebanese American University)

  • Fakih, Ali

    (Lebanese American University)

  • Haimoun, Nathir

    (University of Lethbridge)

Abstract

This paper examines the economic ramifications of the recent political reconfigurations that the MENA region witnessed, commonly known as the Arab Spring, utilizing MENA countries data during period 2005-2016. Using the Arellano-Bond dynamic panel estimation, the paper estimates a growth model using the difference in the log of GDPC between periods t and t+1. Buttressed by sufficient empirical evidence, the paper's findings corroborate that the Arab Spring had been negatively associated with growth.

Suggested Citation

  • Arayssi, Mahmoud & Fakih, Ali & Haimoun, Nathir, 2019. "Did the Arab Spring Reduce MENA Countries' Growth?," IZA Discussion Papers 12161, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp12161
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    Cited by:

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    2. Voxi Heinrich Amavilah & Antonio Rodríguez Andrés, 2024. "Knowledge Economy and the Economic Performance of African Countries: A Seemingly Unrelated and Recursive Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 110-143, March.
    3. Krafft Caroline & Assaad Ragui, 2021. "Introducing the Jordan Labor Market Panel Survey 2016," IZA Journal of Development and Migration, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 12(1), pages 1-42, January.
    4. Bougharriou, Nouha & Benayed, Walid & Gabsi, Foued Badr, 2022. "Democratic transition and fiscal policy in the Arab world," Economic Systems, Elsevier, vol. 46(2).
    5. Markus Loewe & Holger Albrecht, 2023. "The social contract in Egypt, Lebanon and Tunisia: What do the people want?," Journal of International Development, John Wiley & Sons, Ltd., vol. 35(5), pages 838-855, July.
    6. Nicolini, Marcella, 2023. "The Sunni–Shia divide: Evidence from international trade," Economics Letters, Elsevier, vol. 232(C).
    7. Guy Assaker & Wassim Shahin, 2022. "What Drives Faculty Publication Citations in the Business Field? Empirical Results from an AACSB Middle Eastern Institution," Publications, MDPI, vol. 10(4), pages 1-29, November.
    8. Chandan Kumar Jha & Fatih Kırşanlı, 2024. "Arab Spring, democratization of corruption, and income inequality," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(3), pages 3678-3691, July.
    9. Rihab Bousnina & Foued Badr Gabsi, 2022. "Current Account Balance and Financial Development in MENA Countries: The Role of Institutions," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(1), pages 109-142, March.

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    More about this item

    Keywords

    Arab Spring; growth; MENA countries; panel data;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • N25 - Economic History - - Financial Markets and Institutions - - - Asia including Middle East

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