The Impact of the Arab Spring on the Tunisian Economy

Samer Matta; Simon Appleton; Michael Bleaney

doi:10.1093/wber/lhw059

The Impact of the Arab Spring on the Tunisian Economy

Samer Matta, Simon Appleton, Michael Bleaney

School of Economics

Research output: Journal Publication › Article › peer-review

27 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 language	English
Pages (from-to)	231-258
Number of pages	28
Journal	World Bank Economic Review
Volume	33
Issue number	1
DOIs	https://doi.org/10.1093/wber/lhw059
Publication status	Published - 1 Feb 2019

Keywords

Arab spring
Tunisia
economic impact
synthetic control methodology

ASJC Scopus subject areas

Accounting
Development
Finance
Economics and Econometrics

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1093/wber/lhw059

Cite this

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The Impact of the Arab Spring on the Tunisian Economy

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

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