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Efta Ülkelerinde Demokrasi Ve Ekonomik Büyüme Arasındaki Nedensellik Analizi

Yıl 2017, Cilt: 5 Sayı: 1, 23 - 35, 13.06.2017

Öz

Demokrasi ve ekonomik büyüme arasındaki ilişki 19. yüzyıldan beri hem sosyal hem de siyaset
bilimcilerin incelediği bir konudur. Bu ilişkinin ilk başladığı dönemlerde siyaset bilimciler, kapitalist gelişmenin
bir sonucu olarak demokrasinin geleceğine inanmışlardır. Zamanla bu inanç yerini şüpheye bırakmıştır.
İktisatçılar ampirik çalışmalarla demokrasi ve ekonomik büyüme arasındaki nedenselliğin yönünü belirlemeye
çalışmışlardır. Bu çalışmada da EIU- Economist Intelligence Unit’e göre dünyada demokrasi açısından üst
sıralarda yer alan verisine ulaşılamayan Lihtenştayn dışındaki EFTA ülkeleri (Norveç, İsviçre ve İzlanda) analiz
edilmiştir. Analizde EIU veritabanından demokrasi indeksi ve Dünya Bankası veritabanından da yıllık GSYİH
büyüme oranları değişken olarak kullanılmıştır. Çalışmada demokrasinin ekonomik büyüme üzerinde olumlu bir
etkisi olduğu fakat demokrasi ile ekonomik büyüme arasında Granger nedenselliğin olmadığı sonucuna
ulaşılmıştır.

Kaynakça

  • Acaravcı, A. and Erdoğan, S. (2015) "Long-Term and Causal Relations Between Democracy, Real Income and Outward Openness in Turkey". Mustafa Kemal University Journal of Social Sciences Institute, 12 (31), 358-370.
  • Alena, A. and Perotti, R. (1994): '' The Political Economy of Growth: A Critical Survey of the Recent Literature '', The World Bank Economic Rewiew, 8 (3), pp: 351-371
  • Banerjee, A., J. Dolado, J. Galbraith, D.F. Hendry. (1993). Cointegration, Error Correction and the Econometric Analysis of Non-Stationary Data, Oxford: Oxford University Press.
  • Barro, R.J. (1996). Democracy and Growth. Journal of Economic Growth, 1, 1-27.
  • Bozkurt, H. (2007). Time Series Analysis. Bursa: Ekin Publishing House.
  • Butkiewicz, J. L. and Yanikkaya, H. (2006). "Institutional Quality and Economic Growth: The Rule of Law of Democratic Institutions, or Both?" Economic Modeling, 23, 648-661.
  • De Haan, J. and Siermann, C.L.J. (1995). "New Evidence on the Relationship Between Democracy and Economic Growth". Public Choice, 86, 175-198.
  • Dollar, D. and Kraay, A. (2003). "Institutions, Trade and Growth". Journal of Monetary Economics, 50, 133-162.
  • Doucoligaos, H. and Ulubasoglu, M.A. (2008). "Democracy and Economic Growth: A Meta Analysis". American Journal of Political Science, 52 (1), 61-83.
  • Erdoğan, M. (1998) Liberal Society Liberal Politics, Ankara: Political Bookstore.
  • Fielding, D., (2003), "Modeling Political Instability and Economic Performance: Israel Investment during the" Intifada ", London School of Economics and Political Science, vol. 70 (277), pages 159-186, February.
  • Freng, Y. (1997). "Democracy, Political Stability and Economic Growth". British Journal of Political Science, 27 (3), 391-418.
  • Granger, C. W. (1969). Investigating Causal Relations By Econometric Models and Cross-Spectral Methods. Econometrica: Journal of the Econometric Society, 424-438.
  • Haggard, S. and Tiede, L. (2011). "The Rule of Law and Economic Growth: Where Are We?". World Development, 39 (5), 673-685.
  • HDR (UNDP), (2002), Human Development Report 2002, Page: 57
  • Leblang, D.A. (1996). "Property Rights, Democracy and Growth". Political Research Quarterly, 49, 5-26.
  • Olson, M. (1996) .Distinguished Lecture on Economics in Government: Big Bills Left on The Sidewalk: Why Some Nations are Rich, and Others Poor. Journal of Economic Perspectives 10 (2), 3-24.
  • Rodrik, D. (2000). "Institutions for High Quality Growth: What they are and How to acquire them?". NBER Working Paper Series No: 7540. http://www.nber.org/papers/w7540 Access Date (30.07.2015).
  • Tavares J. and Wacziarg R. (2001). How Democracy Affects Growth. European Economic Review, 45, 1341-1373.
  • Tavares, J. and Wacziarg, R., (2001), "How Democracy Affects Growth", European Economic Review, 45, pp.
  • Yay, G.G. (2002). A Test on Economic Development Democracy Relation. Istanbul University Faculty of Economics Journal, 52 (1), 27-54.

The Interaction Between Democracy And Economic Growth In Efta Countries

Yıl 2017, Cilt: 5 Sayı: 1, 23 - 35, 13.06.2017

Öz

The relationship between democracy and economic growth has been a subject that has been studied by
both social and political scientists since the 19th century. In the early days of this relationship, political
scientists believed in the future of democracy as a consequence of capitalist development. Over time, this belief
has left its place in doubt. Economists have tried to determine the direction of causality between democracy and
economic growth through empirical studies. This study also analyzed the EFTA countries outside of
Liechtenstein (Norway, Switzerland and Iceland), which can not be reached in terms of democracy in the world
according to the EIU-Economist Intelligence Unit. In the analysis, the demographic index from the EIU
database and the annual GDP growth rates from the World Bank database were used as variables. Democracy
in work has a positive effect on economic growth, but it is the result of the absence of Granger causality between
democracy and economic growth.

Kaynakça

  • Acaravcı, A. and Erdoğan, S. (2015) "Long-Term and Causal Relations Between Democracy, Real Income and Outward Openness in Turkey". Mustafa Kemal University Journal of Social Sciences Institute, 12 (31), 358-370.
  • Alena, A. and Perotti, R. (1994): '' The Political Economy of Growth: A Critical Survey of the Recent Literature '', The World Bank Economic Rewiew, 8 (3), pp: 351-371
  • Banerjee, A., J. Dolado, J. Galbraith, D.F. Hendry. (1993). Cointegration, Error Correction and the Econometric Analysis of Non-Stationary Data, Oxford: Oxford University Press.
  • Barro, R.J. (1996). Democracy and Growth. Journal of Economic Growth, 1, 1-27.
  • Bozkurt, H. (2007). Time Series Analysis. Bursa: Ekin Publishing House.
  • Butkiewicz, J. L. and Yanikkaya, H. (2006). "Institutional Quality and Economic Growth: The Rule of Law of Democratic Institutions, or Both?" Economic Modeling, 23, 648-661.
  • De Haan, J. and Siermann, C.L.J. (1995). "New Evidence on the Relationship Between Democracy and Economic Growth". Public Choice, 86, 175-198.
  • Dollar, D. and Kraay, A. (2003). "Institutions, Trade and Growth". Journal of Monetary Economics, 50, 133-162.
  • Doucoligaos, H. and Ulubasoglu, M.A. (2008). "Democracy and Economic Growth: A Meta Analysis". American Journal of Political Science, 52 (1), 61-83.
  • Erdoğan, M. (1998) Liberal Society Liberal Politics, Ankara: Political Bookstore.
  • Fielding, D., (2003), "Modeling Political Instability and Economic Performance: Israel Investment during the" Intifada ", London School of Economics and Political Science, vol. 70 (277), pages 159-186, February.
  • Freng, Y. (1997). "Democracy, Political Stability and Economic Growth". British Journal of Political Science, 27 (3), 391-418.
  • Granger, C. W. (1969). Investigating Causal Relations By Econometric Models and Cross-Spectral Methods. Econometrica: Journal of the Econometric Society, 424-438.
  • Haggard, S. and Tiede, L. (2011). "The Rule of Law and Economic Growth: Where Are We?". World Development, 39 (5), 673-685.
  • HDR (UNDP), (2002), Human Development Report 2002, Page: 57
  • Leblang, D.A. (1996). "Property Rights, Democracy and Growth". Political Research Quarterly, 49, 5-26.
  • Olson, M. (1996) .Distinguished Lecture on Economics in Government: Big Bills Left on The Sidewalk: Why Some Nations are Rich, and Others Poor. Journal of Economic Perspectives 10 (2), 3-24.
  • Rodrik, D. (2000). "Institutions for High Quality Growth: What they are and How to acquire them?". NBER Working Paper Series No: 7540. http://www.nber.org/papers/w7540 Access Date (30.07.2015).
  • Tavares J. and Wacziarg R. (2001). How Democracy Affects Growth. European Economic Review, 45, 1341-1373.
  • Tavares, J. and Wacziarg, R., (2001), "How Democracy Affects Growth", European Economic Review, 45, pp.
  • Yay, G.G. (2002). A Test on Economic Development Democracy Relation. Istanbul University Faculty of Economics Journal, 52 (1), 27-54.
Toplam 21 adet kaynakça vardır.

Ayrıntılar

Konular İşletme
Bölüm Makaleler
Yazarlar

Cihan Usta

Yayımlanma Tarihi 13 Haziran 2017
Kabul Tarihi 30 Nisan 2017
Yayımlandığı Sayı Yıl 2017 Cilt: 5 Sayı: 1

Kaynak Göster

APA Usta, C. (2017). The Interaction Between Democracy And Economic Growth In Efta Countries. Journal of International Management Educational and Economics Perspectives, 5(1), 23-35.
AMA Usta C. The Interaction Between Democracy And Economic Growth In Efta Countries. Journal of International Management Educational and Economics Perspectives. Haziran 2017;5(1):23-35.
Chicago Usta, Cihan. “The Interaction Between Democracy And Economic Growth In Efta Countries”. Journal of International Management Educational and Economics Perspectives 5, sy. 1 (Haziran 2017): 23-35.
EndNote Usta C (01 Haziran 2017) The Interaction Between Democracy And Economic Growth In Efta Countries. Journal of International Management Educational and Economics Perspectives 5 1 23–35.
IEEE C. Usta, “The Interaction Between Democracy And Economic Growth In Efta Countries”, Journal of International Management Educational and Economics Perspectives, c. 5, sy. 1, ss. 23–35, 2017.
ISNAD Usta, Cihan. “The Interaction Between Democracy And Economic Growth In Efta Countries”. Journal of International Management Educational and Economics Perspectives 5/1 (Haziran 2017), 23-35.
JAMA Usta C. The Interaction Between Democracy And Economic Growth In Efta Countries. Journal of International Management Educational and Economics Perspectives. 2017;5:23–35.
MLA Usta, Cihan. “The Interaction Between Democracy And Economic Growth In Efta Countries”. Journal of International Management Educational and Economics Perspectives, c. 5, sy. 1, 2017, ss. 23-35.
Vancouver Usta C. The Interaction Between Democracy And Economic Growth In Efta Countries. Journal of International Management Educational and Economics Perspectives. 2017;5(1):23-35.