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EFTA ÜLKELERİNDE DEMOKRASİ VE EKONOMİK BÜYÜME ARASINDAKİ NEDENSELLİK ANALİZİ

THE INTERACTION BETWEEN DEMOCRACY AND ECONOMIC GROWTH IN EFTA COUNTRIES

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Abstract (2. Language): 
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.
Abstract (Original Language): 
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.

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