Political instability and economic growth

@article{Alesina1992PoliticalIA,
  title={Political instability and economic growth},
  author={A. Alesina and Ş. {\"O}zler and N. Roubini and P. Swagel},
  journal={Journal of Economic Growth},
  year={1992},
  volume={1},
  pages={189-211}
}
  • A. Alesina, Ş. Özler, +1 author P. Swagel
  • Published 1992
  • Economics
  • Journal of Economic Growth
  • This paper investigates the relationship between political instability and per capita GDP growth in a sample of 113 countries for the period 1950 through 1982. We define political instability as the propensity of a government collapse, and we estimate a model in which such a measure of political instability and economic growth are jointly determined. The main result of this paper is that in countries and time periods with a high propensity of government collapse, growth is significantly lower… CONTINUE READING
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