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The impact of the Arab Spring on the Tunisian economy

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  • Matta,Samer Naji
  • Appleton,Simon Mark
  • Bleaney,Michael Francis

Abstract

This paper uses Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the"Arab Spring."The 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, thispaper finds that investment was the main channel through which the economy was adversely impacted by the Arab Spring.

Suggested Citation

  • Matta,Samer Naji & Appleton,Simon Mark & Bleaney,Michael Francis, 2016. "The impact of the Arab Spring on the Tunisian economy," Policy Research Working Paper Series 7856, The World Bank.
    • Handle: RePEc:wbk:wbrwps:7856
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