The relationship between political instability and economic growth in advanced economies: Empirical evidence from a panel VAR and a dynamic panel FE-IV analysis
Author
Abstract
Suggested Citation
DOI: 10.4419/96973166
Download full text from publisher
References listed on IDEAS
- Nicholas Bloom & Charles I. Jones & John Van Reenen & Michael Webb, 2020.
"Are Ideas Getting Harder to Find?,"
American Economic Review, American Economic Association, vol. 110(4), pages 1104-1144, April.
- Nicholas Bloom & Charles I. Jones & John Van Reenen & Michael Webb, 2017. "Are Ideas Getting Harder to Find?," NBER Working Papers 23782, National Bureau of Economic Research, Inc.
- Van Reenen, John & Bloom, Nicholas & Jones, Chad & Webb, Michael, 2017. "Are Ideas Getting Harder to Find?," CEPR Discussion Papers 12294, C.E.P.R. Discussion Papers.
- Bloom, Nicholas A. & Jones, Charles I. & Van Reenen, John & Webb, Michael, 2017. "Are Ideas Getting Harder to Find?," Research Papers repec:ecl:stabus:3592, Stanford University, Graduate School of Business.
- Michael Webb & John Van Reenen & Charles Jones & Nicholas Bloom, 2017. "Are Ideas Getting Harder to Find?," 2017 Meeting Papers 566, Society for Economic Dynamics.
- Bloom, Nicholas & Jones, Charles I & Reenen, John Van & Webb, Michael, 2017. "Are ideas getting harder to find?," LSE Research Online Documents on Economics 86588, London School of Economics and Political Science, LSE Library.
- Bloom, Nicholas & Jones, Charles I & Van Reenen, John & Webb, Michael, 2020. "Are ideas getting harder to find?," LSE Research Online Documents on Economics 104481, London School of Economics and Political Science, LSE Library.
- Nicholas Bloom & Charles I Jones & John Van Reenen & Michael Webb, 2017. "Are ideas getting harder to find?," CEP Discussion Papers dp1496, Centre for Economic Performance, LSE.
- Alesina, Alberto & Perotti, Roberto, 1996.
"Income distribution, political instability, and investment,"
European Economic Review, Elsevier, vol. 40(6), pages 1203-1228, June.
- Alberto Alesina & Roberto Perotti, 1993. "Income Distribution, Political Instability, and Investment," NBER Working Papers 4486, National Bureau of Economic Research, Inc.
- Perotti, Roberto & Alesina, Alberto, 1996. "Income Distribution, Political Instability, and Investment," Scholarly Articles 4553018, Harvard University Department of Economics.
- Forni, Mario & Gambetti, Luca, 2016.
"Government spending shocks in open economy VARs,"
Journal of International Economics, Elsevier, vol. 99(C), pages 68-84.
- Forni, Mario & Gambetti, Luca, 2014. "Government Spending Shocks in Open Economy VARs," CEPR Discussion Papers 10115, C.E.P.R. Discussion Papers.
- Mario Forni & Luca Gambetti, 2014. "Government Spending Shocks in Open Economy VARs," Center for Economic Research (RECent) 105, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
- Gyimah-Brempong, Kwabena & Traynor, Thomas L, 1999. "Political Instability, Investment and Economic Growth in Sub-Saharan Africa," Journal of African Economies, Centre for the Study of African Economies, vol. 8(1), pages 52-86, March.
- Dani Rodrik, 2018.
"Populism and the economics of globalization,"
Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 12-33, June.
- Rodrik, Dani, 2017. "Populism and the Economics of Globalization," CEPR Discussion Papers 12119, C.E.P.R. Discussion Papers.
- Rodrik, Dani, 2017. "Populism and the Economics of Globalization," Working Paper Series rwp17-026, Harvard University, John F. Kennedy School of Government.
- Dani Rodrik, 2017. "Populism and the Economics of Globalization," NBER Working Papers 23559, National Bureau of Economic Research, Inc.
- Góes, Carlos, 2016.
"Institutions and growth: A GMM/IV Panel VAR approach,"
Economics Letters, Elsevier, vol. 138(C), pages 85-91.
- Carlos Góes, 2015. "Institutions and Growth: a GMM/IV Panel VAR Approach," IMF Working Papers 2015/174, International Monetary Fund.
- Kaplan, Emin Ahmet & Akçoraoğlu, Alpaslan, 2017. "Political Instability, Corruption, and Economic Growth: Evidence from a Panel of OECD Countries," Business and Economics Research Journal, Uludag University, Faculty of Economics and Administrative Sciences, vol. 8(3), pages 363-377, July.
- Aisen, Ari & Veiga, Francisco Jose, 2006.
"Does Political Instability Lead to Higher Inflation? A Panel Data Analysis,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(5), pages 1379-1389, August.
- Mr. Ari Aisen & Mr. Francisco José Veiga, 2005. "Does Political Instability Lead to Higher Inflation? A Panel Data Analysis," IMF Working Papers 2005/049, International Monetary Fund.
- Marina Andrijevic & Jesus Crespo Cuaresma & Raya Muttarak & Carl-Friedrich Schleussner, 2020. "Governance in socioeconomic pathways and its role for future adaptive capacity," Nature Sustainability, Nature, vol. 3(1), pages 35-41, January.
- Alberto Alesina & Dani Rodrik, 1994.
"Distributive Politics and Economic Growth,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(2), pages 465-490.
- Alesina, Alberto F & Rodrik, Dani, 1991. "Distributive Politics and Economic Growth," CEPR Discussion Papers 565, C.E.P.R. Discussion Papers.
- Alberto Alesina & Dani Rodrik, 1991. "Distributive Politics and Economic Growth," NBER Working Papers 3668, National Bureau of Economic Research, Inc.
- Rodrik, Dani & Alesina, Alberto, 1994. "Distributive Politics and Economic Growth," Scholarly Articles 4551798, Harvard University Department of Economics.
- Alesina, Alberto & Tabellini, Guido, 1989.
"External debt, capital flight and political risk,"
Journal of International Economics, Elsevier, vol. 27(3-4), pages 199-220, November.
- Alesina, Alberto F & Tabellini, Guido, 1988. "External Debt, Capital Flight and Political Risk," CEPR Discussion Papers 253, C.E.P.R. Discussion Papers.
- Tabellini, Guido & Alesina, Alberto, 1989. "External Debt, Capital Flight and Political Risk," Scholarly Articles 4553019, Harvard University Department of Economics.
- Alberto Alesina & Guido Tabellini, 1988. "External Debt, Capital Flight and Political Risk," UCLA Economics Working Papers 538, UCLA Department of Economics.
- Alberto Alesina & Guido Tabellini, 1988. "External Debt, Capital Flight and Political Risk," NBER Working Papers 2610, National Bureau of Economic Research, Inc.
- Dimitrios Asteriou & Simon Price, 2001. "Political Instability and Economic Growth: UK Time Series Evidence," Scottish Journal of Political Economy, Scottish Economic Society, vol. 48(4), pages 383-399, September.
- Holtz-Eakin, Douglas & Newey, Whitney & Rosen, Harvey S, 1988.
"Estimating Vector Autoregressions with Panel Data,"
Econometrica, Econometric Society, vol. 56(6), pages 1371-1395, November.
- Tom Doan, "undated". "RATS program to demonstrate IV estimation of VAR in panel data," Statistical Software Components RTZ00185, Boston College Department of Economics.
- Acemoglu, Daron & Johnson, Simon & Robinson, James A., 2005.
"Institutions as a Fundamental Cause of Long-Run Growth,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 6, pages 385-472,
Elsevier.
- Daron Acemoglu & Simon Johnson & James Robinson, 2004. "Institutions as the Fundamental Cause of Long-Run Growth," NBER Working Papers 10481, National Bureau of Economic Research, Inc.
- Acemoglu, Daron & Johnson, Simon & Robinson, James A., 2004. "Institutions as the Fundamental Cause of Long-Run Growth," CEPR Discussion Papers 4458, C.E.P.R. Discussion Papers.
- Daron Acemoglu & Simon Johnson & James Robinson, 2004. "Institutions As The Fundamental Cause Of Long-Run Growth," Documentos CEDE 2889, Universidad de los Andes, Facultad de Economía, CEDE.
- Colombo, Valentina, 2013.
"Economic policy uncertainty in the US: Does it matter for the Euro area?,"
Economics Letters, Elsevier, vol. 121(1), pages 39-42.
- Valentina Colombo, 2013. "Economic policy uncertainty in the US: Does it matter for the Euro Area?," "Marco Fanno" Working Papers 0160, Dipartimento di Scienze Economiche "Marco Fanno".
- Corey Lesk & Pedram Rowhani & Navin Ramankutty, 2016. "Influence of extreme weather disasters on global crop production," Nature, Nature, vol. 529(7584), pages 84-87, January.
- Robert J. Barro, 1991.
"Economic Growth in a Cross Section of Countries,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
- Robert J. Barro, 1989. "Economic Growth in a Cross Section of Countries," NBER Working Papers 3120, National Bureau of Economic Research, Inc.
- Barro, R.J., 1989. "Economic Growth In A Cross Section Of Countries," RCER Working Papers 201, University of Rochester - Center for Economic Research (RCER).
- Ezcurra, Roberto, 2021. "Individualism and political instability," European Journal of Political Economy, Elsevier, vol. 66(C).
- Daron Acemoglu & Suresh Naidu & Pascual Restrepo & James A. Robinson, 2019.
"Democracy Does Cause Growth,"
Journal of Political Economy, University of Chicago Press, vol. 127(1), pages 47-100.
- Daron Acemoglu & Suresh Naidu & Pascual Restrepo & James A. Robinson, 2014. "Democracy Does Cause Growth," NBER Working Papers 20004, National Bureau of Economic Research, Inc.
- Daron Acemoglu & Suresh Naidu & Pascual Restrepo & James A. Robinson, 2016. "Democracy Does Cause Growth," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-316, Boston University - Department of Economics.
- Scott R. Baker & Nicholas Bloom & Steven J. Davis, 2016.
"Measuring Economic Policy Uncertainty,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(4), pages 1593-1636.
- Scott R. Baker & Nicholas Bloom & Steven J. Davis, 2015. "Measuring Economic Policy Uncertainty," Economics Working Papers 15111, Hoover Institution, Stanford University.
- Scott R. Baker & Nicholas Bloom & Steven J. Davis, 2015. "Measuring Economic Policy Uncertainty," NBER Working Papers 21633, National Bureau of Economic Research, Inc.
- Scott R. Baker & Nicholas Bloom & Steven J. Davis, 2015. "Measuring Economic Policy Uncertainty," CEP Discussion Papers dp1379, Centre for Economic Performance, LSE.
- Baker, Scott R. & Bloom, Nicholas & Davis, Steven J., 2015. "Measuring economic policy uncertainty," LSE Research Online Documents on Economics 64986, London School of Economics and Political Science, LSE Library.
- Davis, Steven & Bloom, Nicholas & Baker, Scott, 2015. "Measuring Economic Policy Uncertainty," CEPR Discussion Papers 10900, C.E.P.R. Discussion Papers.
- Busse, Matthias & Hefeker, Carsten, 2007.
"Political risk, institutions and foreign direct investment,"
European Journal of Political Economy, Elsevier, vol. 23(2), pages 397-415, June.
- Busse, Matthias & Hefeker, Carsten, 2005. "Political Risk, Institutions and Foreign Direct Investment," Discussion Paper Series 26388, Hamburg Institute of International Economics.
- Hefeker, Carsten & Busse, Matthias, 2005. "Political Risk, Institutions and Foreign Direct Investment," HWWA Discussion Papers 315, Hamburg Institute of International Economics (HWWA).
- Uddin, Md Akther & Ali, Md Hakim & Masih, Mansur, 2017. "Political stability and growth: An application of dynamic GMM and quantile regression," Economic Modelling, Elsevier, vol. 64(C), pages 610-625.
- Alessandra Guariglia, 2002. "Consumption, habit formation, and precautionary saving: evidence from the British Household Panel Survey," Oxford Economic Papers, Oxford University Press, vol. 54(1), pages 1-19, January.
- Samer Matta & Michael Bleaney & Simon Appleton, 2022.
"The economic impact of political instability and mass civil protest,"
Economics and Politics, Wiley Blackwell, vol. 34(1), pages 253-270, March.
- Samer Matta & Simon Appleton & Michael Bleaney, 2017. "The Economic Impact of Political Instability and Mass Civil Protest," Discussion Papers 2017-03, University of Nottingham, CREDIT.
- Samer Matta & Michael Bleaney & Simon Appleton, 2021. "The economic impact of political instability and mass civil protest," Discussion Papers 2021-01, Nottingham Interdisciplinary Centre for Economic and Political Research (NICEP).
- Aisen, Ari & Veiga, Francisco José, 2013.
"How does political instability affect economic growth?,"
European Journal of Political Economy, Elsevier, vol. 29(C), pages 151-167.
- Ari Aisen & Francisco J. Veiga, 2010. "How does political instability affect economic growth?," Working Papers CEB 10-055, ULB -- Universite Libre de Bruxelles.
- Mr. Ari Aisen & Mr. Francisco José Veiga, 2011. "How Does Political Instability Affect Economic Growth?," IMF Working Papers 2011/012, International Monetary Fund.
- Ari Aisen & Francisco José Veiga, 2010. "How does political instability affect economic growth?," NIPE Working Papers 5/2010, NIPE - Universidade do Minho.
- Ari Aisen & Francisco José Veiga, 2010. "How does political instability affect economic growth?," Working Papers Central Bank of Chile 568, Central Bank of Chile.
- Bahmani-Oskooee, Mohsen & Maki Nayeri, Majid, 2020.
"Policy uncertainty and consumption in G7 countries: An asymmetry analysis,"
International Economics, Elsevier, vol. 163(C), pages 101-113.
- Mohsen Bahmani-Oskooee & Majid Maki Nayeri, 2020. "Policy uncertainty and consumption in G7 countries: An asymmetry analysis," International Economics, CEPII research center, issue 163, pages 101-113.
- Ponticelli, Jacopo & Voth, Hans-Joachim, 2020.
"Austerity and anarchy: Budget cuts and social unrest in Europe, 1919–2008,"
Journal of Comparative Economics, Elsevier, vol. 48(1), pages 1-19.
- Jacopo Ponticelli & Joachim Voth, 2011. "Austerity and anarchy: Budget cuts and social unrest in Europe, 1919-2008," Economics Working Papers 1342, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2012.
- Jacopo Ponticelli & Hans-Joachim Voth, 2012. "Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008," Working Papers 676, Barcelona School of Economics.
- Voth, Hans-Joachim & Ponticelli, Jacopo, 2011. "Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008," CEPR Discussion Papers 8513, C.E.P.R. Discussion Papers.
- David Roodman, 2009.
"How to do xtabond2: An introduction to difference and system GMM in Stata,"
Stata Journal, StataCorp LP, vol. 9(1), pages 86-136, March.
- David Roodman, 2006. "How to Do xtabond2: An Introduction to "Difference" and "System" GMM in Stata," Working Papers 103, Center for Global Development.
- Nordhaus William D, 2008.
"Baumol's Diseases: A Macroeconomic Perspective,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 8(1), pages 1-39, February.
- William D. Nordhaus, 2006. "Baumol's Diseases: A Macroeconomic Perspective," NBER Working Papers 12218, National Bureau of Economic Research, Inc.
- Olivier Coibion & Yuriy Gorodnichenko & Rupal Kamdar, 2018.
"The Formation of Expectations, Inflation, and the Phillips Curve,"
Journal of Economic Literature, American Economic Association, vol. 56(4), pages 1447-1491, December.
- Olivier Coibion & Yuriy Gorodnichenko & Rupal Kamdar, 2017. "The Formation of Expectations, Inflation and the Phillips Curve," NBER Working Papers 23304, National Bureau of Economic Research, Inc.
- Paul Collier & Anke Hoeffler, 2004.
"Greed and grievance in civil war,"
Oxford Economic Papers, Oxford University Press, vol. 56(4), pages 563-595, October.
- Collier, Paul & Hoeffler, Anke, 2000. "Greed and grievance in civil war," Policy Research Working Paper Series 2355, The World Bank.
- Paul Collier & Anke Hoeffler, 2004. "Greed and Grievance in Civil War," Development and Comp Systems 0409007, University Library of Munich, Germany.
- Martin Gassebner & Jerg Gutmann & Stefan Voigt, 2016.
"When to expect a coup d’état? An extreme bounds analysis of coup determinants,"
Public Choice, Springer, vol. 169(3), pages 293-313, December.
- Gassebner, Martin & Gutmann, Jerg & Voigt, Stefan, 2016. "When to expect a coup d’état? An extreme bounds analysis of coup determinants," ILE Working Paper Series 3, University of Hamburg, Institute of Law and Economics.
- Martin Gassebner & Jerg Gutmann & Stefan Voigt, 2016. "When to expect a coup d’état? An extreme bounds analysis of coup determinants," KOF Working papers 16-409, KOF Swiss Economic Institute, ETH Zurich.
- Martin Gassebner & Jerg Gutmann & Stefan Voigt, 2016. "When to Expect a Coup D'État? An Extreme Bounds Analysis of Coup Determinants," CESifo Working Paper Series 6065, CESifo.
- Miles, David, 1997. "A Household Level Study of the Determinants of Incomes and Consumption," Economic Journal, Royal Economic Society, vol. 107(440), pages 1-25, January.
- Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2012. "Temperature Shocks and Economic Growth: Evidence from the Last Half Century," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(3), pages 66-95, July.
- Dan Andrews & Chiara Criscuolo & Peter N. Gal, 2016. "The Best versus the Rest: The Global Productivity Slowdown, Divergence across Firms and the Role of Public Policy," OECD Productivity Working Papers 5, OECD Publishing.
- Chen, Baizhu & Feng, Yi, 1996. "Some political determinants of economic growth: Theory and empirical implications," European Journal of Political Economy, Elsevier, vol. 12(4), pages 609-627, December.
- Jong-A-Pin, Richard, 2009.
"On the measurement of political instability and its impact on economic growth,"
European Journal of Political Economy, Elsevier, vol. 25(1), pages 15-29, March.
- Jong-A-Pin, R., 2006. "On the measurement of political instability and its impact on economic growth," Research Report 06C05, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Judson, Ruth A. & Owen, Ann L., 1999. "Estimating dynamic panel data models: a guide for macroeconomists," Economics Letters, Elsevier, vol. 65(1), pages 9-15, October.
- Cukierman, Alex & Edwards, Sebastian & Tabellini, Guido, 1992.
"Seigniorage and Political Instability,"
American Economic Review, American Economic Association, vol. 82(3), pages 537-555, June.
- Alex Cukierman & Sebastian Edwards & Guido Tabellini, 1989. "Seigniorage and Political Instability," NBER Working Papers 3199, National Bureau of Economic Research, Inc.
- Mikkel Plagborg‐Møller & Christian K. Wolf, 2021.
"Local Projections and VARs Estimate the Same Impulse Responses,"
Econometrica, Econometric Society, vol. 89(2), pages 955-980, March.
- Mikkel Plagborg-Møller & Christian K. Wolf, 2020. "Local Projections and VARs Estimate the Same Impulse Responses," Working Papers 2020-16, Princeton University. Economics Department..
- Arellano, Manuel & Bover, Olympia, 1995.
"Another look at the instrumental variable estimation of error-components models,"
Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
- M Arellano & O Bover, 1990. "Another Look at the Instrumental Variable Estimation of Error-Components Models," CEP Discussion Papers dp0007, Centre for Economic Performance, LSE.
- Campos, Nauro F. & Nugent, Jeffrey B., 2002.
"Who is afraid of political instability?,"
Journal of Development Economics, Elsevier, vol. 67(1), pages 157-172, February.
- Nauro F. Campos & Jeffrey B. Nugent, 2000. "Who is Afraid of Political Instability?," William Davidson Institute Working Papers Series 326, William Davidson Institute at the University of Michigan.
- Nauro F. Campos & Jeffrey B. Nugent, 2001. "Who Is Afraid Of Political Instability?," Development and Comp Systems 0012016, University Library of Munich, Germany.
- Campos, Nauro & Nugent, Jeffrey B, 2000. "Who is Afraid of Political Instability?," CEPR Discussion Papers 2555, C.E.P.R. Discussion Papers.
- Darby, Julia & Li, Chol-Won & Muscatelli, V. Anton, 2004.
"Political uncertainty, public expenditure and growth,"
European Journal of Political Economy, Elsevier, vol. 20(1), pages 153-179, March.
- V. Anton Muscatelli & Julia Darby & Chol-Won Li, "undated". "Political Uncertainty, Public Expenditure and Growth," Working Papers 9822, Business School - Economics, University of Glasgow.
- Julia Darby & Chol-Won Li & Anton Muscatelli, 2000. "Political Uncertainty, Public Expenditure and Growth," CESifo Working Paper Series 310, CESifo.
- Joon-Ho Hahm & Douglas G. Steigerwald, 1999. "Consumption Adjustment under Time-Varying Income Uncertainty," The Review of Economics and Statistics, MIT Press, vol. 81(1), pages 32-40, February.
- Luisa Blanco & Robin Grier, 2009. "Long Live Democracy: The Determinants of Political Instability in Latin America," Journal of Development Studies, Taylor & Francis Journals, vol. 45(1), pages 76-95.
- Jack A. Goldstone & Robert H. Bates & David L. Epstein & Ted Robert Gurr & Michael B. Lustik & Monty G. Marshall & Jay Ulfelder & Mark Woodward, 2010. "A Global Model for Forecasting Political Instability," American Journal of Political Science, John Wiley & Sons, vol. 54(1), pages 190-208, January.
- Blundell, Richard & Bond, Stephen, 1998.
"Initial conditions and moment restrictions in dynamic panel data models,"
Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
- R Blundell & Steven Bond, "undated". "Initial conditions and moment restrictions in dynamic panel data model," Economics Papers W14&104., Economics Group, Nuffield College, University of Oxford.
- Blundell, R. & Bond, S., 1995. "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models," Economics Papers 104, Economics Group, Nuffield College, University of Oxford.
- Richard Blundell & Stephen Bond, 1995. "Initial conditions and moment restrictions in dynamic panel data models," IFS Working Papers W95/17, Institute for Fiscal Studies.
- Vu, Trung V., 2022. "Unbundling the effect of political instability on income redistribution," European Journal of Political Economy, Elsevier, vol. 75(C).
- Christopher J. Ellis & John Fender, 2011. "Information Cascades and Revolutionary Regime Transitions," Economic Journal, Royal Economic Society, vol. 121(553), pages 763-792, June.
- Mario Menegatti, 2007. "Consumption and uncertainty: a panel analysis in Italian Regions," Applied Economics Letters, Taylor & Francis Journals, vol. 14(1), pages 39-42.
- Kazuhiko Hayakawa, 2009. "First Difference or Forward Orthogonal Deviation- Which Transformation Should be Used in Dynamic Panel Data Models?: A Simulation Study," Economics Bulletin, AccessEcon, vol. 29(3), pages 2008-2017.
- James Banks & Richard Blundell & Agar Brugiavini, 2001.
"Risk Pooling, Precautionary Saving and Consumption Growth,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 68(4), pages 757-779.
- James Banks & Richard Blundell & Agar Brugiavini, 1999. "Risk pooling, precautionary saving and consumption growth," IFS Working Papers W99/19, Institute for Fiscal Studies.
- Mario Menegatti, 2010.
"Uncertainty And Consumption: New Evidence In Oecd Countries,"
Bulletin of Economic Research, Wiley Blackwell, vol. 62(3), pages 227-242, July.
- M. Menegatti, 2006. "Uncertainty and consumption: new evidence in OECD countries," Economics Department Working Papers 2006-EP08, Department of Economics, Parma University (Italy).
- Olivier Blanchard & Roberto Perotti, 2002.
"An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1329-1368.
- Olivier Blanchard & Roberto Perotti, 1999. "An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output," NBER Working Papers 7269, National Bureau of Economic Research, Inc.
- Òscar Jordà, 2005. "Estimation and Inference of Impulse Responses by Local Projections," American Economic Review, American Economic Association, vol. 95(1), pages 161-182, March.
- Timur Kuran, 1989. "Sparks and prairie fires: A theory of unanticipated political revolution," Public Choice, Springer, vol. 61(1), pages 41-74, April.
- Martin Paldam, 1998. "Does Economic Growth Lead to Political Stability?," International Economic Association Series, in: Silvio Borner & Martin Paldam (ed.), The Political Dimension of Economic Growth, chapter 9, pages 171-190, Palgrave Macmillan.
- Caldara, Dario & Kamps, Christophe, 2008. "What are the effects of fiscal policy shocks? A VAR-based comparative analysis," Working Paper Series 877, European Central Bank.
- Daryna Grechyna, 2018. "Shall We Riot Too? The Geographical Neighbor Impact on Political Instability," Kyklos, Wiley Blackwell, vol. 71(4), pages 581-612, November.
- Nickell, Stephen J, 1981. "Biases in Dynamic Models with Fixed Effects," Econometrica, Econometric Society, vol. 49(6), pages 1417-1426, November.
- Perotti, Roberto, 1996. "Growth, Income Distribution, and Democracy: What the Data Say," Journal of Economic Growth, Springer, vol. 1(2), pages 149-187, June.
- Edward Miguel & Shanker Satyanath & Ernest Sergenti, 2004. "Economic Shocks and Civil Conflict: An Instrumental Variables Approach," Journal of Political Economy, University of Chicago Press, vol. 112(4), pages 725-753, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Aisen, Ari & Veiga, Francisco José, 2013.
"How does political instability affect economic growth?,"
European Journal of Political Economy, Elsevier, vol. 29(C), pages 151-167.
- Ari Aisen & Francisco José Veiga, 2010. "How does political instability affect economic growth?," Working Papers Central Bank of Chile 568, Central Bank of Chile.
- Mr. Ari Aisen & Mr. Francisco José Veiga, 2011. "How Does Political Instability Affect Economic Growth?," IMF Working Papers 2011/012, International Monetary Fund.
- Ari Aisen & Francisco J. Veiga, 2010. "How does political instability affect economic growth?," Working Papers CEB 10-055, ULB -- Universite Libre de Bruxelles.
- Ari Aisen & Francisco José Veiga, 2010. "How does political instability affect economic growth?," NIPE Working Papers 5/2010, NIPE - Universidade do Minho.
- Alexandre, Fernando & Bação, Pedro & Veiga, Francisco José, 2022. "The political economy of productivity growth," European Journal of Political Economy, Elsevier, vol. 75(C).
- Sotiris K. Papaioannou, 2020.
"Political Instability and Economic Growth at Different Stages of Economic Development: historical evidence from Greece,"
GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe
151, Hellenic Observatory, LSE.
- Papaioannou, Sotiris, 2020. "Political instability and economic growth at different stages of economic development:: historical evidence from Greece," LSE Research Online Documents on Economics 106124, London School of Economics and Political Science, LSE Library.
- Vu, Trung V., 2022. "Unbundling the effect of political instability on income redistribution," European Journal of Political Economy, Elsevier, vol. 75(C).
- Seher Gülşah Topuz, 2022. "The Relationship Between Income Inequality and Economic Growth: Are Transmission Channels Effective?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 162(3), pages 1177-1231, August.
- Demir, Firat, 2006. "Volatility of short term capital flows and socio-political instability in Argentina, Mexico and Turkey," MPRA Paper 1943, University Library of Munich, Germany.
- Ishak Phoebe W., 2019. "Autocratic Survival Strategies: Does Oil Make a Difference?," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 25(2), pages 1-22, May.
- Mr. Lorenzo E. Bernal-Verdugo & Davide Furceri & Mr. Dominique M. Guillaume, 2013. "The Dynamic Effect of Social and Political Instability on Output: The Role of Reforms," IMF Working Papers 2013/091, International Monetary Fund.
- Roberto Dell'Anno & Adalgiso Amendola, 2015.
"Social Exclusion and Economic Growth: An Empirical Investigation in European Economies,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(2), pages 274-301, June.
- AMENDOLA, Adalgiso & DELL'ANNO, Roberto, 2013. "Social Exclusion and Economic Growth: An Empirical Investigation in European Economies," CELPE Discussion Papers 126, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
- Mohamed Maher & Yanzhi Zhao, 2022. "Do Political Instability and Military Expenditure Undermine Economic Growth in Egypt? Evidence from the ARDL Approach," Defence and Peace Economics, Taylor & Francis Journals, vol. 33(8), pages 956-979, November.
- Selçuk Çağrı ESENER & Evren İPEK, 2018. "The Impacts of Public Expenditure, Government Stability and Corruption on Per Capita Growth: An Empirical Investigation on Developing Countries," Sosyoekonomi Journal, Sosyoekonomi Society, issue 26(36).
- Jong-A-Pin, Richard, 2009.
"On the measurement of political instability and its impact on economic growth,"
European Journal of Political Economy, Elsevier, vol. 25(1), pages 15-29, March.
- Jong-A-Pin, R., 2006. "On the measurement of political instability and its impact on economic growth," Research Report 06C05, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Jannils Łukasz, 2021. "The concept of political instability in economic research," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 57(3), pages 268-284, September.
- Imène Guetat, 2016. "Economic growth, government size and political instability," Post-Print hal-04097904, HAL.
- Chandan Sharma, 2021. "Does Corruption Sand The Wheels Of Financial Sector Development? Evidence From Global Panel Data," Journal of Financial Management, Markets and Institutions (JFMMI), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 1-32, December.
- Luca Agnello & Ricardo M. Sousa, 2014. "The Determinants of the Volatility of Fiscal Policy Discretion," Fiscal Studies, Institute for Fiscal Studies, vol. 35, pages 91-115, March.
- Freund, Caroline & Jaud, Melise, 2013.
"Regime Change, Democracy and Growth,"
CEPR Discussion Papers
9282, C.E.P.R. Discussion Papers.
- Caroline Freund & Mélise Jaud, 2014. "Regime Change, Democracy, and Growth," Working Paper Series WP14-1, Peterson Institute for International Economics.
- Enea Baselgia & Reto Foellmi, 2022.
"Inequality and growth: a review on a great open debate in economics,"
WIDER Working Paper Series
wp-2022-5, World Institute for Development Economic Research (UNU-WIDER).
- Baselgia, Enea & Foellmi, Reto, 2022. "Inequality and Growth: A Review on a Great Open Debate in Economics," CEPR Discussion Papers 17483, C.E.P.R. Discussion Papers.
- Foellmi, Reto & Baselgia, Enea, 2022. "Inequality and Growth: A Review on a Great Open Debate in Economics," Economics Working Paper Series 2205, University of St. Gallen, School of Economics and Political Science.
- Wang, Jun-Zhuo & Feng, Gen-Fu & Chang, Chun-Ping, 2024. "How does political instability affect renewable energy innovation?," Renewable Energy, Elsevier, vol. 230(C).
- Serhan Cevik & Mohammad Rahmati, 2015.
"Breaking the Curse of Sisyphus: An Empirical Analysis of Post-Conflict Economic Transitions,"
Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 57(4), pages 569-597, December.
- Serhan Cevik & Mohammad Rahmati, 2015. "Breaking the Curse of Sisyphus: An Empirical Analysis of Post-Conflict Economic Transitions," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 57(4), pages 569-597, December.
- Mr. Serhan Cevik & Mr. Mohammad Rahmati, 2013. "Breaking the Curse of Sisyphus: An Empirical Analysis of Post-Conflict Economic Transitions," IMF Working Papers 2013/002, International Monetary Fund.
More about this item
Keywords
Political instability; economic growth; panel VAR; system GMM; Panel IV; local projection;All these keywords.
JEL classification:
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- C26 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Instrumental Variables (IV) Estimation
- O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
- P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
NEP fields
This paper has been announced in the following NEP Reports:- NEP-GRO-2023-04-10 (Economic Growth)
- NEP-POL-2023-04-10 (Positive Political Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:rwirep:1000. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/rwiesde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.