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The microeconomic impact of political instability: firm-level evidence from Tunisia

Matta, Samer; Appleton, Simon; Bleaney, Michael

The microeconomic impact of political instability: firm-level evidence from Tunisia Thumbnail


Samer Matta

Professor of Development Economics

Michael Bleaney


This paper explores the impact of political instability on firms in the context of Tunisia which experienced a surge in political instability events after the 2011 Jasmine revolution. Using a new dataset, we show that political instability was a major concern for small and exporting firms as well as those that were operating in the tourism sector, those that suffered from acts of vandalism or arson and those that were located in the interior region of Tunisia. More importantly, we find strong evidence that political instability was the most damaging constraint to firm growth in Tunisia after the Arab Spring.

Journal Article Type Article
Acceptance Date Feb 4, 2018
Online Publication Date Apr 27, 2018
Publication Date 2018-11
Deposit Date Apr 11, 2018
Publicly Available Date Apr 28, 2020
Journal Review of Development Economics
Print ISSN 1363-6669
Electronic ISSN 1363-6669
Publisher Wiley
Peer Reviewed Peer Reviewed
Volume 22
Issue 4
Pages 1590-1619
Keywords Tunisia, Firms, Political Instability, Post-Revolution
Public URL
Publisher URL
Additional Information This is the pre-peer reviewed version of the following article, which has been published in final form at This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving


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