The Impact of the Arab Spring on the Tunisian Economy

• Tác giả: Samer Matta
• Ngôn ngữ: eng
• Ký hiệu phân loại: 348.61 Laws, regulations, cases
• Thông tin xuất bản: Published by Oxford University Press on behalf of the World Bank, 2020
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 301874
• Chủ đề: 1. ARAB SPRING; 2. ECONOMIC GROWTH; 3. ECONOMIC IMPACT; 4. OUTPUT LOSS; 5. SYNTHETIC CONTROL METHOD

Tóm tắt

We use Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the "Arab Spring." Our results suggest that the loss was 5.5 percent, 5.1 percent, and 6.4 percent of GDP in 2011, 2012, and 2013 respectively. These findings are robust to a series of tests, including placebo tests, and are consistent with those from an Autoregressive Distributed Lag Model of Tunisia's economic growth. Moreover, we find that investment was the main channel through which the economy was adversely impacted by the Arab Spring.