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Do Coup Leaders Matter? Leadership Change and Economic Growth in Politically Unstable Countries

KOF Working Paper No. 252

28 Pages Posted: 29 Jul 2010  

Richard Jong-A-Pin

University of Groningen - Department of Economics (Economie)

Shu Yu

University of Groningen - Faculty of Economics and Business

Date Written: February 2010

Abstract

We examine the impact of leadership change after a coup d’etat on economic growth. We consider successful coup attempts as our treatment group and use failed coup attempts as controls to condition on political instability. To take account of selection bias, we control for the determinants of coup success. Our main finding is that leadership changes after a coup d’état have a positive effect on economic growth in the least developed countries, but have a negative effect in other developing countries.

Keywords: economic growth, coup d’etat, political instability

Suggested Citation

Jong-A-Pin, Richard and Yu, Shu, Do Coup Leaders Matter? Leadership Change and Economic Growth in Politically Unstable Countries (February 2010). KOF Working Paper No. 252. Available at SSRN: https://ssrn.com/abstract=1549669 or http://dx.doi.org/10.2139/ssrn.1549669

Richard Jong-A-Pin (Contact Author)

University of Groningen - Department of Economics (Economie) ( email )

P.O. Box 800
9700 AV Groningen
Netherlands

Shu Yu

University of Groningen - Faculty of Economics and Business ( email )

Postbus 72
9700 AB Groningen
Netherlands

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