Abstract

This paper studies the impact of France’s 1958 constitutional transition from the French Fourth Republic to the French Fifth Republic. A difference-in-differences regression analysis compared the effect of France’s 1958 institutional change on French economic growth against a control group of 12 democratic European countries in the period 1948 – 1969. The regression analysis conducted suggested that the 1958 French constitutional change contributed an additional 2.73% GDP growth per year to French GDP growth in the period 1959 – 1969. 

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