Journal of Social and Political
Sciences
ISSN 2615-3718 (Online)
ISSN 2621-5675 (Print)
Published: 25 January 2022
Political Instability and Economic Growth in Ethiopia: An Empirical Analysis
Rania H. Khafaga, Samar H. Albagoury
Cairo University
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10.31014/aior.1991.05.01.332
Pages: 20-31
Keywords: Political Instability, Economic Growth, ARDL, Ethiopia
Abstract
This paper analyzes the effect of political instability on economic growth in Ethiopia since 2004 using ARDL regression approach to identify the existence of this correlation and the channels through which this impact happened. The paper found that political instability has a significant effect on economic growth and this impact is more significant through the direct channels more than the indirect effects through its effect on economic environment or investment and financial flows.
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