Political Instability and Economic Growth

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Political Instability and Economic Growth

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Title: Political Instability and Economic Growth
Author: Swagel, Phillip; Roubini, Nouriel; Ozler, Sule; Alesina, Alberto

Note: Order does not necessarily reflect citation order of authors.

Citation: Alesina, Alberto, Sule Ozler, Nouriel Roubini, and Phillip Swagel. 1996. Political instability and economic growth. Journal of Economic Growth 1(2): 189-211.
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Abstract: This paper investigates the relationship between political instability and per capita GDP growth in a sample of 113 countries for the period 1950 through 1982. We define political instability as the propensity of a government collapse, and we estimate a model in which such a measure of political instability and economic growth are jointly determined. The main result of this paper is that in countries and time periods with a high propensity of government collapse, growth is significantly lower than otherwise. We also discuss the effects of different types of government changes on growth.
Published Version: doi:10.1007/BF00138862
Terms of Use: This article is made available under the terms and conditions applicable to Other Posted Material, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#LAA
Citable link to this page: http://nrs.harvard.edu/urn-3:HUL.InstRepos:4553024

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  • FAS Scholarly Articles [6463]
    Peer reviewed scholarly articles from the Faculty of Arts and Sciences of Harvard University
 
 

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