The Impact of the Arab Spring on the Tunisian Economy / Samer Matta.

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Bibliographic Details
Online Access: Full Text (via Open Knowledge Repository)
Main Author: Matta, Samer
Other Authors: Appleton, Simon, Bleaney, Michael
Format: Electronic eBook
Language:English
Published: Washington, D.C. : The World Bank, 2016.
Series:Policy research working papers.
World Bank e-Library.
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Description
Abstract:This paper uses Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the "Arab Spring." The 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, this paper finds that investment was the main channel through which the economy was adversely impacted by the Arab Spring.
Physical Description:1 online resource (48 pages).