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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Bibliographic Details
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:	ARAB SPRING ECONOMIC IMPACT SYNTHETIC CONTROL METHOD ECONOMIC GROWTH OUTPUT LOSS INVESTMENT
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

The Impact of the Arab Spring on the Tunisian Economy

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