The Impact of the Arab Spring on the Tunisian Economy

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 respecti...

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Main Authors: Matta, Samer, Appleton, Simon, Bleaney, Michael
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/10/26854336/impact-arab-spring-tunisian-economy
http://hdl.handle.net/10986/25301
id okr-10986-25301
recordtype oai_dc
spelling okr-10986-253012021-04-23T14:04:29Z The Impact of the Arab Spring on the Tunisian Economy Matta, Samer Appleton, Simon Bleaney, Michael Arab Spring economic impact synthetic control methodology output loss distributed lag model disinvestment 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. 2016-11-01T14:19:47Z 2016-11-01T14:19:47Z 2016-10 Working Paper http://documents.worldbank.org/curated/en/2016/10/26854336/impact-arab-spring-tunisian-economy http://hdl.handle.net/10986/25301 English en_US Policy Research Working Paper;No. 7856 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Middle East and North Africa Tunisia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic Arab Spring
economic impact
synthetic control methodology
output loss
distributed lag model
disinvestment
spellingShingle Arab Spring
economic impact
synthetic control methodology
output loss
distributed lag model
disinvestment
Matta, Samer
Appleton, Simon
Bleaney, Michael
The Impact of the Arab Spring on the Tunisian Economy
geographic_facet Middle East and North Africa
Tunisia
relation Policy Research Working Paper;No. 7856
description 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.
format Working Paper
author Matta, Samer
Appleton, Simon
Bleaney, Michael
author_facet Matta, Samer
Appleton, Simon
Bleaney, Michael
author_sort Matta, Samer
title The Impact of the Arab Spring on the Tunisian Economy
title_short The Impact of the Arab Spring on the Tunisian Economy
title_full The Impact of the Arab Spring on the Tunisian Economy
title_fullStr The Impact of the Arab Spring on the Tunisian Economy
title_full_unstemmed The Impact of the Arab Spring on the Tunisian Economy
title_sort impact of the arab spring on the tunisian economy
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/10/26854336/impact-arab-spring-tunisian-economy
http://hdl.handle.net/10986/25301
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