2
Political Instability, Quality of Governments and Growth

Researchers studying the relationship between political instability and growth have to tackle two major issues. First, how to define political instability. Second, does political stability foster growth or vice versa, or both?

Political instability can be measured in two different ways. The first uses some index of socio-political unrest. The second approach focuses on the frequency of government changes, namely on executive instability.

The first approach, which we label the 'socio-political instability' ( SPI) approach, focuses on variables such as riots, political demonstrations against the government, assassinations etc.2 Some researchers, for example, and among many others, Barro ( 1991), and Easterly and Rebelo ( 1993), consider the 'raw' data of these variables (for instance, political assassinations) as their measures of political instability. Other researchers, instead, construct an aggregate index that summarizes in one dimension this multitude of variables. The statistical method often used is the method of 'principal components', which permits a summary of the information contained in a set of original variables in a smaller number of components, typically one or two.3

The variables typically used to construct these indices of political instability are of three types: indicators of mass political violence (for example, assassinations or riots), indicators of nonviolent forms of political protest (peaceful demonstrations, strikes), and forms of illegal and violent transfer of power (coups d'état, revolutions).

The results on the relation between these measures of political instability and growth vary. For instance, Hibbs ( 1973) finds

____________________
2
The most widely used sources for these variables are Jodice and Taylor ( 1988) and Banks (various issues).
3
The 'classic' reference for this approach is Hibbs ( 1973); more recently, the same technique has been used by Venieris and Gupta ( 1986) and Gupta ( 1990).

-15-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited page

Bookmark this page
Government and Growth
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this book
  • Bookmarks
  • Highlights & Notes
  • Citations
/ 274

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.