Modelling Political Instability and Economic Performance: Israeli Investment during the "Intifada"
I construct a model of investment in Israel that incorporates both standard economic factors and indicators of political instability and unrest. The model is used to estimate both the extent to which the "Intifada" has depressed Israeli investment in different kinds of capital good, and the size of the corresponding "peace dividend". Copyright The London School of Economics and Political Science 2003
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Volume (Year): 70 (2003)
Issue (Month): 277 (February)
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