IMPACT OF POLITICAL INSTABILITY ON ECONOMIC GROWTH IN THE MENA COUNTRIES: AN APPLICATION OF THE ARDL BOUND TESTING APPROACH

Authors

  • NADIA FARJALLAH LAREMFIC LABORATORY, IHEC, UNIVERSITY OF SOUSSE TUNISIA
  • AFTAB HUSSAIN TABASSAM DEPARTMENT OF BUSINESS ADMINISTRATION, UNIVERSITY OF POONCH RAWALAKOT, PAKISTAN
  • ABDUL LATIF DEPARTMENT OF BUSINESS ADMINISTRATION, UNIVERSITY OF POONCH RAWALAKOT, PAKISTAN
  • NADIA MAHFOUZ MANAGEMENT SCIENCES, UNIVERSITY OF POONCH RAWALAKOT, PAKISTAN
  • HIFSA AKHLAQ PHD SCHOLAR, RIPHAH INTERNATIONAL UNIVERSITY, ISLAMABAD, PAKISTAN
  • AMIR MOHIB MS SCHOLAR, UNIVERSITY OF POONCH RAWALAKOT, AZAD KASHMIR, PAKISTAN.
  • ALTAF HUSSAIN MS SCHOLAR, UNIVERSITY OF POONCH RAWALAKOT

Keywords:

Political Instability, Economic Growth, Autoregressive Distributed Lag (ARDL), Arab Countries.

Abstract

This study investigates and analyses the profound impact of political stability on Gross Domestic Product (GDP), measured in 2010 constant US dollars, across selected Middle East and North Africa (MENA) countries, specifically Egypt, Libya, Tunisia, and Algeria. The analysis covers an extensive historical period from 1980 to 2018, providing a comprehensive view of the long-term trends. This study employs the Auto-Regressive Distributed Lags (ARDL) econometric approach, originally proposed by Pesaran et al. (2001), which is particularly suitable for examining cointegration and dynamic relationships in time-series data. Rigorous empirical testing demonstrates and confirms the existence of a significant long-term relationship between political instability and economic growth, highlighting how fluctuations in stability can influence the overall economic performance of nations.

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How to Cite

FARJALLAH, N., TABASSAM, A. H., LATIF , A., MAHFOUZ , N., AKHLAQ , H., MOHIB , A., & HUSSAIN, A. (2025). IMPACT OF POLITICAL INSTABILITY ON ECONOMIC GROWTH IN THE MENA COUNTRIES: AN APPLICATION OF THE ARDL BOUND TESTING APPROACH. TPM – Testing, Psychometrics, Methodology in Applied Psychology, 32(S4 (2025): Posted 17 July), 2293–2311. Retrieved from https://tpmap.org/submission/index.php/tpm/article/view/2842

Issue

Vol. 32 No. S4 (2025): Posted 17 July (2025)

Section

Articles

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This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.