期刊名称：Topics in Middle Eastern and North African Economies
出版年度：2019
卷号：21
期号：1
页码：48-67
出版社：Loyola University Chicago
摘要：This paper empirically investigates the relationship between corruption,political instability and economic growth. We first show howthese variables interact by allowing for bidirectional causality betweeneach two of the three variables for which we employ a panel VARmodel on a dataset of 140 countries over the period of 1990-2017. Then,we exploit the incidence of the Arab Spring, as an exogenous shock,to measure the short-term effects of political shocks on corruptionlevels, political stability and economic growth using the differencesin-differences (DiD) framework.
关键词：Corruption; Political Stability; Democratization; Arab Spring;Economic Growth; MENA Region; Panel VAR; Differences;in;Differences
