The microeconomic impact of political instability: firm-level evidence from Tunisia

Matta, Samer and Appleton, Simon and Bleaney, Michael (2018) The microeconomic impact of political instability: firm-level evidence from Tunisia. Review of Development Economics . ISSN 1363-6669

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This paper explores the impact of political instability on firms in the context of Tunisia which experienced a surge in political instability events after the 2011 Jasmine revolution. Using a new dataset, we show that political instability was a major concern for small and exporting firms as well as those that were operating in the tourism sector, those that suffered from acts of vandalism or arson and those that were located in the interior region of Tunisia. More importantly, we find strong evidence that political instability was the most damaging constraint to firm growth in Tunisia after the Arab Spring.

Item Type: Article
Additional Information: This is the pre-peer reviewed version of the following article, which has been published in final form at This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving
Keywords: Tunisia, Firms, Political Instability, Post-Revolution
Schools/Departments: University of Nottingham, UK > Faculty of Social Sciences > School of Economics
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Depositing User: Eprints, Support
Date Deposited: 11 Apr 2018 08:59
Last Modified: 29 May 2018 16:21

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