412899

The Impact of Political Stability on Economic Growth: The Case of Egypt

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Last updated: 25 Feb 2025

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الأقتصاد

Abstract

A research goal emerging is examining how political stability influences the growth of the economy in Egypt. The years under review are from 1995 to 2022. The Economic Freedom Index (EFI) is our major independent variable. Also, the controlling factors used under study include capital, employment, inequality, trade health, and education. There are significant variations in descriptive statistics for all these variables explaining this in trade, employment, and education development while political stability has a major role. The technique employed as an econometric model is ARDL which is a quantitative technique used in this study that shows the positive effects of labor force participation rate, net wealth to net income ratio, and gross capital formation on GDP per capita. It was therefore concluded through this research that political stability can directly cause economic growth within the Egyptian economy. Therefore, decision-makers in society are advised by researchers to strive for political stability given its strong influence on economic growth

DOI

10.21608/jces.2024.412899

Keywords

political stability, Economic growth, ARDL, Capital formation, education, Income Inequality, EFI

Authors

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Nada

Last Name

Bahy Sorour

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Affiliation

Teaching assistant, College of Management and Technology - Smart Village Campus - Assistant professor of Management, Arab Academy for Science Technology & Maritime Transport, Cairo, Egypt. MBA Candidate, Arab Academy Graduate School of Business - Smart Vil-lage Campus, Arab Academy for Science Technology & Maritime Transport, Cairo, Egypt.

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First Name

Doaa

Last Name

Mohamed Salman

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Affiliation

Head of the Economics Department at October University for Modern Sci-ences and Arts (MSA), Egypt.

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First Name

Marwa

Last Name

Essam El Sherif

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Affiliation

Vice Dean for Student Affairs at the College of Administration and Tech-nology in the (AASTMT), Egypt, Smart Village

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Volume

15

Article Issue

4

Related Issue

49718

Issue Date

2024-10-01

Receive Date

2024-10-01

Publish Date

2024-10-01

Page Start

1

Page End

44

Print ISSN

2090-3782

Online ISSN

3062-5386

Link

https://jces.journals.ekb.eg/article_412899.html

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http://journals.ekb.eg?_action=service&article_code=412899

Order

412,899

Type

المقالة الأصلية

Type Code

986

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات التجارية والبيئية

Publication Link

https://jces.journals.ekb.eg/

MainTitle

The Impact of Political Stability on Economic Growth: The Case of Egypt

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Article

Created At

25 Feb 2025