Political Instability and Political Terror: Global Evidence on Persistence

Forthcoming: Journal of Public Affairs. DOI: 10.1002/PA.2119

29 Pages Posted: 13 Apr 2020

See all articles by Simplice Asongu

Simplice Asongu

African Governance and Development Institute

Joseph I. Uduji

University of Nigeria Enugu Campus

Elda N. Okolo-Obasi

Development Strategy Centre Nigeria

Date Written: March 18, 2020

Abstract

We test the hypotheses that fundamental characteristics in regional proximity, landlockedness, religious-domination, legal origin, and income levels affect cross-country differences in the persistence in political terror and political instability in 163 countries for the period 2010 to 2015. The empirical evidence is based on Generalised Method of Moments. The hypotheses are that the following are associated with comparatively higher levels of persistence in political terror and political instability: regions with predominantly low income countries (Hypothesis 1); landlockedness (Hypothesis 2); Christian-orientation (Hypothesis 3); French civil law (Hypothesis 4) and Low income (Hypothesis 5). The tested hypotheses are largely invalid. Only Hypothesis 5 and Hypothesis 2 are robustly investigated in the light of concerns about instrument proliferation. Hypothesis 2 is valid for political terror but not for political instability while Hypothesis 5 is neither valid for political instability nor for political terror.

Keywords: political instability; political terror; economic development; comparative studies

JEL Classification: D74; H56; N40; O10; O57

Suggested Citation

Asongu, Simplice and Uduji, Joseph I. and Okolo-Obasi, Elda N., Political Instability and Political Terror: Global Evidence on Persistence (March 18, 2020). Forthcoming: Journal of Public Affairs. DOI: 10.1002/PA.2119. Available at SSRN: https://ssrn.com/abstract=3556424

Simplice Asongu (Contact Author)

African Governance and Development Institute ( email )

P.O. Box 8413
Yaoundé, 8413
Cameroon

Joseph I. Uduji

University of Nigeria Enugu Campus ( email )

Department of Accountancy
Box 15540, Enugu
Enugu, NC Enugu 234
Nigeria

Elda N. Okolo-Obasi

Development Strategy Centre Nigeria ( email )

84Nza Street Independence Layout Enugu
Enugu, 400001
Nigeria
08063631111 (Phone)
400001 (Fax)

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