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The impact of the Arab Spring on the Tunisian economy

Matta, Samer; Appleton, Simon; Bleaney, Michael

Authors

Samer Matta

Michael Bleaney



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.

Journal Article Type Article
Journal World Bank Economic Review
Print ISSN 0258-6770
Electronic ISSN 1564-698X
Publisher Oxford University Press
Peer Reviewed Peer Reviewed
APA6 Citation Matta, S., Appleton, S., & Bleaney, M. (in press). The impact of the Arab Spring on the Tunisian economy. World Bank Economic Review, https://doi.org/10.1093/wber/lhw059
DOI https://doi.org/10.1093/wber/lhw059
Keywords Arab Spring, Tunisia, Economic Impact, Synthetic Control Methodology
Publisher URL http://wber.oxfordjournals.org/content/early/2016/11/05/wber.lhw059.full.pdf+html
Copyright Statement Copyright information regarding this work can be found at the following address: http://eprints.nottingh.../end_user_agreement.pdf
Additional Information This is a pre-copyedited, author-produced PDF of an article accepted for publication in World Bank Economic Review following peer review. The version of record The Impact of the Arab Spring on the Tunisian Economy
World Bank Econ Rev first published online November 17, 2016 is available online at: http://wber.oxfordjourn.../2016/11/05/wber.lhw059

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The Impact of the Arab Spring on the Tunisian Economy.pdf (450 Kb)
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Copyright Statement
Copyright information regarding this work can be found at the following address: http://eprints.nottingham.ac.uk/end_user_agreement.pdf





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