Demokrasi ve Politik İstikrarın Ekonomik Büyüme Üzerindeki Etkisi: BRICS-T Ülkelerinden Ampirik Kanıtlar (2002-2020)-Reference-Cited by-同舟云学术

Demokrasi ve Politik İstikrarın Ekonomik Büyüme Üzerindeki Etkisi: BRICS-T Ülkelerinden Ampirik Kanıtlar (2002-2020)

Published:2023-10-26 Issue:58 Volume:31 Page:161-178
ISSN:1305-5577
Container-title:Sosyoekonomi
language:
Short-container-title:

Author:

SUNGUR Oğuzhan¹^ORCID,ALTINER Ali¹^ORCID

Affiliation:

1. RECEP TAYYİP ERDOĞAN ÜNİVERSİTESİ

Abstract

This study examines the impact of democracy and political stability on economic growth in BRICS-T countries from 2002-2020. A panel data analysis investigated the relationship between democracy, political stability, the absence of violence, and economic growth. Results indicate that the democratisation process positively impacts economic growth, while political stability has a negative impact. Additionally, the study found a positive effect on economic growth from the population, inflation, and public expenditures variables, while the variables of gross fixed capital accumulation, foreign direct investment, and urbanisation did not have a substantial effect on economic growth.

Publisher

Sosyoekonomi

Subject

Immunology and Allergy

Reference64 articles.

1. Abeyasinghe, R. (2004), “Democracy, Political Stability and Developing Country Growth: Theory and Evidence”, Honors Projects, 17, 1-37.

2. Acaravcı, A. et al. (2015), “MENA Ülkelerinde Demokrasi-Ekonomik Büyüme İlişkisi”, İşletme ve İktisat Çalışmaları Dergisi, 3(4), 119-129.

3. Acemoğlu, D. et al. (2019), “Democracy Does Cause Growth”, Journal of Political Economy, 127(1), 47-100.

4. Adejumobi, S. (2000), “Between Democracy and Development in Africa: What are the Missing Links?”, World Bank Conference on Development Thinking in the Next Millennium, Paris, 26-28 June.

5. Aisen, A. & F.J. Veiga (2013), “How Does Political Instability Affect Economic Growth”, European Journal of Political Economy, 29,151-167.