Thesis Open Access
Korsa Getnet
{
"DOI": "10.20372/nadre:17124",
"author": [
{
"family": "Korsa Getnet"
}
],
"issued": {
"date-parts": [
[
2025,
8,
29
]
]
},
"abstract": "<p>This study explores the political instability-economic growth nexus in five East African countries, i.e., Ethiopia, Kenya, Rwanda, Tanzania, and Uganda for the period 1996–2019. In that, it investigates both the short-run and long-run effects of political instability on economic growth in these countries. It uses a Panel Autoregressive Distributed Lag (Panel-ARDL) modeling approach for an error-correction model derived from a theoretical growth model. The findings suggest that political instability significantly and negatively affects the economic growth of these countries, both in the short-run and the long-run. The panel granger causality test also indicates a one-way causality from political instability to economic growth. However, there is no reverse causality found in the analysis. The findings imply the need for intensifying efforts to create a stable political environment to harness and sustain the growth momentum in the respective economies considered in this study.</p>",
"title": "The Political Instability-Economic Growth Nexus in Five East African Countries",
"type": "thesis",
"id": "17124"
}
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