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Modelling Political Instability and Economic Performance: Israeli Investment during the Intifada
Author(s) -
Fielding David
Publication year - 2003
Publication title -
economica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.532
H-Index - 65
eISSN - 1468-0335
pISSN - 0013-0427
DOI - 10.1111/1468-0335.t01-2-00276
Subject(s) - unrest , political instability , investment (military) , politics , construct (python library) , economics , dividend , instability , foreign direct investment , capital (architecture) , political stability , social unrest , monetary economics , economic stability , macroeconomics , political science , finance , geography , physics , mechanics , law , archaeology , computer science , programming language
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’.