The Impact of the Arab Spring on the Tunisian Economy

Samer Matta, Simon Appleton, Michael Bleaney

Research output: Journal PublicationArticlepeer-review

14 Citations (Scopus)

Abstract

We use Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the "Arab Spring." Our 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, we find that investment was the main channel through which the economy was adversely impacted by the Arab Spring.

Original languageEnglish
Pages (from-to)231-258
Number of pages28
JournalWorld Bank Economic Review
Volume33
Issue number1
DOIs
Publication statusPublished - 1 Feb 2019
Externally publishedYes

Keywords

  • Arab spring
  • Tunisia
  • economic impact
  • synthetic control methodology

ASJC Scopus subject areas

  • Accounting
  • Development
  • Finance
  • Economics and Econometrics

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