The Impact of the Arab Spring on the Tunisian Economy

48 Pages Posted: 12 Oct 2016

See all articles by Samer Matta

Samer Matta

World Bank

Simon Appleton

University of Nottingham - School of Economics

Michael Bleaney

University of Nottingham - School of Economics

Date Written: October 11, 2016

Abstract

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.

Keywords: Macroeconomic Management, Governance Diagnostic Capacity Building, Economic Forecasting

Suggested Citation

Matta, Samer and Appleton, Simon and Bleaney, Michael, The Impact of the Arab Spring on the Tunisian Economy (October 11, 2016). World Bank Policy Research Working Paper No. 7856, Available at SSRN: https://ssrn.com/abstract=2851254

Samer Matta (Contact Author)

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Simon Appleton

University of Nottingham - School of Economics ( email )

University Park
Nottingham NG7 2RD
United Kingdom

Michael Bleaney

University of Nottingham - School of Economics ( email )

University Park
Nottingham, NG7 2RD
United Kingdom
+44 0 115 951 5265 (Phone)
+44 0 115 951 5141 (Fax)

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
33
Abstract Views
214
PlumX Metrics