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Gelişmekte Olan Ülkelerde Politik İstikrarın Ekonomik Büyüme Üzerine Etkisi

Author

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  • Timur Han GÜR
  • Hale AKBULUT

Abstract

This study examines the effect of political stability on economic growth by employing a panel data set covering 19 developing economies for the period between 1986 and 2003 in which political stability is questioned extensively in the literature of political macroeconomics. This research confirms the main finding obtained in many researches that political stability is positively related with economic growth and macroeconomic performance in developing economies. It is also found that the estimated country specific effects on economic growth are positive for most of the Asian countries and negative for the Latin American countries in the sample.

Suggested Citation

  • Timur Han GÜR & Hale AKBULUT, 2012. "Gelişmekte Olan Ülkelerde Politik İstikrarın Ekonomik Büyüme Üzerine Etkisi," Sosyoekonomi Journal, Sosyoekonomi Society, issue 17(17).
    • Handle: RePEc:sos:sosjrn:120113
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    Cited by:

    1. Esra Soyu Yıldırım & Cuma Demirtaş & Munise Ilıkkan Özgür, 2022. "Causality Relationship Between Economic, Financial, Political Risk and Growth: The Case of Turkey," Journal of Economic Policy Researches, Istanbul University, Faculty of Economics, vol. 9(1), pages 165-186, January.

    More about this item

    Keywords

    Political Stability; Economic Growth; Political Business Cycle; Panel Data Analysis.;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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