Political Instability and Economic Growth

Preprint, Article OPEN
Swagel, Phillip; Roubini, Nouriel; Ozler, Sule; Alesina, Alberto;
  • Publisher: Springer Verlag
  • Identifiers: doi: 10.1007/BF00138862
  • Subject: government changes | economic growth | coup d'etat | political instability

This paper investigates the relationship between political instability and per capita GDP growth in a sample of 113 countries for the period 1950-1982. We define ?political instability? as the propensity of a government collapse, and we estimate a model in which politic... View more
  • References (18)
    18 references, page 1 of 2

    Adelman, I. and C. Morris (1967), Society, Politics, and Economic Development, Baltimore: Johns Hopkins University Press.

    Alesina, A. and D. Rodrik (1991), “Distributive Politics and Economic Growth,” NBER Working Paper No. 3668.

    Alesina, A., J. Londregan and H. Rosenthal (1990), “A Model of the Political Economy of the United States,' NBER Working Paper No. 3611.

    Alesina A. and G. Tabellini (1990), “A Positive Theory of Fiscal Deficits and Debt,” Review of Economic Structures, July.

    Alesina A. and G. Tabellini (1989), “External Debt, Capital Flight and Political Risk,” Journal oflnternational Economics, November.

    Amemiya, T. (1978), “The Estimation of a Simultaneous Equation Generalized Probit Model, ” Econometrica.

    Barro, R. (1989), “A Cross Country Study of Growth, Saving and Government,” NBER WP No. 2855, February.

    Barro, R. (1991), “Economic Growth in a Cross Section of Countries,” Quarterly Journal of Economics, May.

    Cukierman, A., S. Edwards and G. Tabellini (1992), “Seignorage and Political Instability,” American Economic Review.

    Dick, G.W. (1974), “Authoritarian versus Nonauthoritarian Approaches to Economic Development, ” Journal of PoZitical Economy, 82: 817-827.

  • Metrics
Share - Bookmark