期刊名称:Journal of Economics and International Finance
电子版ISSN:2006-9812
出版年度:2012
卷号:4
期号:2
页码:49-54
DOI:10.5897/JEIF11.127
语种:English
出版社:Academic Journals
摘要:The aim of this paper is to identify the effect of political instability on investment and economic growth. By using a dynamic balanced panel data model applied on annual data from 11 countries from the Middle East and North Africa (MENA) region over the period of 2000 to 2009. The political instability’ effect on the contribution of investment to economic growth has been the subject of a second empirical study within the framework of this research paper. The main outcomes drawn by these two empirical tests prove that there is no effect of political instability on investment and economic growth and a negative interaction between political instability and investment.