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The impact of the Arab Spring on the Tunisian economy (English)

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.

Details

  • Author

    Matta,Samer Naji, Appleton,Simon Mark, Bleaney,Michael Francis

  • Document Date

    2016/10/11

  • Document Type

    Policy Research Working Paper

  • Report Number

    WPS7856

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Tunisia,

  • Region

    Middle East and North Africa,

  • Disclosure Date

    2016/10/11

  • Disclosure Status

    Disclosed

  • Doc Name

    The impact of the Arab Spring on the Tunisian economy

  • Keywords

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Citation

Matta,Samer Naji Appleton,Simon Mark Bleaney,Michael Francis

The impact of the Arab Spring on the Tunisian economy (English). Policy Research working paper,no. WPS 7856 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/518411476195193488/The-impact-of-the-Arab-Spring-on-the-Tunisian-economy