The Impact of the Arab Spring on the Tunisian Economy

We use Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the “Arab Spring.” Our 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...

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Main Authors: Matta, Samer, Appleton, Simon, Bleaney, Michael
Format: Journal Article
Published: Published by Oxford University Press on behalf of the World Bank 2020
Subjects:
Online Access:http://hdl.handle.net/10986/34296
id okr-10986-34296
recordtype oai_dc
spelling okr-10986-342962021-05-25T10:54:38Z The Impact of the Arab Spring on the Tunisian Economy Matta, Samer Appleton, Simon Bleaney, Michael ARAB SPRING ECONOMIC IMPACT SYNTHETIC CONTROL METHOD ECONOMIC GROWTH OUTPUT LOSS INVESTMENT We use Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the “Arab Spring.” Our 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, we find that investment was the main channel through which the economy was adversely impacted by the Arab Spring. 2020-08-06T20:20:38Z 2020-08-06T20:20:38Z 2019-02 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/34296 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article 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
topic ARAB SPRING
ECONOMIC IMPACT
SYNTHETIC CONTROL METHOD
ECONOMIC GROWTH
OUTPUT LOSS
INVESTMENT
spellingShingle ARAB SPRING
ECONOMIC IMPACT
SYNTHETIC CONTROL METHOD
ECONOMIC GROWTH
OUTPUT LOSS
INVESTMENT
Matta, Samer
Appleton, Simon
Bleaney, Michael
The Impact of the Arab Spring on the Tunisian Economy
geographic_facet Middle East and North Africa
Tunisia
description We use Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the “Arab Spring.” Our 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, we find that investment was the main channel through which the economy was adversely impacted by the Arab Spring.
format Journal Article
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 Published by Oxford University Press on behalf of the World Bank
publishDate 2020
url http://hdl.handle.net/10986/34296
_version_ 1764480599565795328