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This article reviews the use of the concept of political instability in economic research, the importance of which has been growing in recent years due to its potentially profound economic consequences. The article explores this concept by working through the definitions, dimensions, and methods...
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Previous work has investigated whether political instability has a negative effect on economic growth, with mixed results, largely because political instability can take various forms. Using synthetic control methodology, which constructs a counterfactual in the absence of political instability,...
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This study revisits the growth-finance nexus using a new econometric approach and unique data set. In particular by employing the smooth transition framework and annual time series data for Brazil from 1890 to 2003, we attempt to address on the one side, what is the relationship between...
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In diesem Aufsatz analysieren wir die Beziehung zwischen politischer Instabilität und Wirtschaftswachstum für … kausale Beziehungen zwischen politischer Instabilität und Wirtschaftswachstum zu identifizieren. Die empirischen Ergebnisse …- und Konsumverhalten um 4 bis 7 % verringert. Steigt hingegen das Wirtschaftswachstum, verringert dies die politische …
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