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Counting the Cost of the Intifada: Consumption, Saving and Political Instability in Israel

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  • Fielding, David

Abstract

In this paper we investigate some of the ways in which short-term variations in the magnitude of political instability can impact on macroeconomic performance, taking the example of Israel since 1987. Several indicators of political instability are found to have a significant impact on aggregate consumption and savings, and explain a large part of poor Israeli savings performance over recent years. Copyright 2003 by Kluwer Academic Publishers

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Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 116 (2003)
Issue (Month): 3-4 (September)
Pages: 297-312

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Handle: RePEc:kap:pubcho:v:116:y:2003:i:3-4:p:297-312

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Web page: http://www.springerlink.com/link.asp?id=100332

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Cited by:
  1. Bruno S. Frey & Simon Luechinger & Alois Stutzer, 2004. "Valuing Public Goods: The Life Satisfaction Approach," CREMA Working Paper Series 2004-11, Center for Research in Economics, Management and the Arts (CREMA).
  2. David Fielding & Madeline Penny, 2006. "What Causes Changes in Opinion about the Israeli-Palestinian Peace Process?," Working Papers 0601, University of Otago, Department of Economics, revised Mar 2006.
  3. Bruno S. Frey & Simon Luechinger & Alois Stutzer, . "Calculating Tragedy: Assessing the Costs of Terrorism," IEW - Working Papers 205, Institute for Empirical Research in Economics - University of Zurich.
  4. Nicole Crain & W. Crain, 2006. "Terrorized economies," Public Choice, Springer, vol. 128(1), pages 317-349, July.
  5. Martin Gassebner & Richard Jong‐A‐Pin & Jochen O. Mierau, 2011. "Terrorism And Cabinet Duration," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(4), pages 1253-1270, November.
  6. Yaron Zelekha & Ohad Bar-Efrat, 2011. "Crime, Terror and Corruption and Their Effect on Private Investment in Israel," Open Economies Review, Springer, vol. 22(4), pages 635-648, September.
  7. Berrebi, Claude & Klor, Esteban F, 2005. "The Impact of Terrorism Across Industries: An Empirical Study," CEPR Discussion Papers 5360, C.E.P.R. Discussion Papers.
  8. David Fielding & Anja Shortland, 2009. "Does television terrify tourists? Effects of US television news on demand for tourism in Israel," Journal of Risk and Uncertainty, Springer, vol. 38(3), pages 245-263, June.

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