Buradasınız

KURUMSAL YAPININ EKONOMİK BÜYÜMEYE ETKİSİ: ÜST ORTA GELİR DÜZEYİNDEKİ ÜLKELER ÜZERİNE BİR UYGULAMA

THE EFFECT OF INSTITUTIONAL STRUCTURE ON ECONOMIC GROWTH: AN APPLICATION FOR UPPER-MIDDLE INCOME COUNTRIES

Journal Name:

Publication Year:

Author NameUniversity of AuthorFaculty of Author
Abstract (2. Language): 
The aim of this study is to investigate the effect of institutional structure on economic growth. In this study, for this purpose, the effect of institutional structure on economic growth is analyzed econometrically by employing a “Panel Data Analysis” in the sample including Turkey in thirty-six upper middle income countries for the period between the years 2002 and 2005. Analysis results indicate variables which of the indicators institutional structure voice and accountability, political stability, regulatory quality and rule of law have a negative effect on economic growth, and goverment effectiveness and control of corruption have positive effect on economic growth.
Abstract (Original Language): 
Bu çalışmanın amacı kurumsal yapının ekonomik büyüme üzerindeki etkisini tespit etmektir. Bu amaçla, bu çalışmada 2002-2005 yıllarını kapsayan bir dönem için, kurumsal yapının ekonomik büyüme üzerindeki etkisi Türkiye’nin de içinde yer aldığı 36 üst orta gelir düzeyindeki ülke örnekleminde “Panel Veri Analizi” kullanılarak ekonometrik açıdan incelenmektedir. Analiz sonuçları, kurumsal yapı göstergelerinden ifade özgürlüğü ve şeffaflık, politik istikrar, düzenlemelerin kalitesi ve hukukun üstünlüğü değişkenlerinin ekonomik büyüme üzerinde negatif, yönetimin etkinliği ve yolsuzluğun önlenmesi değişkenlerinin ise ekonomik büyüme üzerinde pozitif bir etkiye sahip olduğunu göstermektedir.
301-317

REFERENCES

References: 

ACEMOĞLU, D., JOHNSON, S. and ROBINSON, J.A. (2001): “Colonial Origins of Comparative Development: An Amprical Investigation”, American Economic Review, 91: 1369-1401. _______ (2002): “Reversal of Fortune:Geography and Institutions in the Making of the Modern World Income Distribution”, Quarterly Journal of Economics, 117(4): 1231-1294. ALESINA, A. and PEROTTI, R. (1994): “The Political Economy of Growth: A Critical Survey of the Recent Literature”, The World Bank Economic Review, 8(3): 351-71. ALESINA, A. and RODRIK, D. (1994): “Distributive Politics and Economic Growth”, Quarterly Journal of Economics, 109: 465-90. ALESINA, A., OZLER, Ş., ROUBINI, N. and SWAGEL, P. (1996): “Political Instability and Economic Growth”, Journal of Economic Growth, 1(2): 189–211. ALI, A.M. (1997): “Economic Freedom, Democracy and Growth”, Journal of Private Enterprise, 3: 1-20. ARON, J. (2000): “Growth and Institutions: A Review of the Evidence”, The World Bank Research Observer, 15(1): 99-135. ARYEETEY, E., HARRIGAN, J. and NISSANKE, M. (2000): Economic Reforms in Ghana, The Miracle and The Mirage, James Currey and Woeli Publishers, Oxford. BIENEN, H.S., LONDRCGAN, J. and VAN DE WALLC, N. (1993): Ethnicity, Leadership Succession, and Economic Development in Africa, Institute for Policy Reform, Washington, D.C. CHANG, H.J. (2003): Kalkınma Reçetelerinin Gerçek Yüzü, ĠletiĢim Yayınları, Ankara. CHONG, A. and CALDERON, C. (2000): “Causality and Feedback between Institutional Measures and Economic Growth”, Economics and Politics, 12(1): 69-82. CLAGUE, C., KEEFER, P., KNACK, S. and OLSEN, M. (1996): “Property and Contract Rights in Autocracies and Democracies”, Journal of Economic Growth, 1(2): 243–76.
DAMPARE, G.A. and PIESSE, J. (2002): “Financial Development, Political Institutions and Economic Growth in The ECOWAS Sub-Region: An Empirical
Analysis”, The Management Centre, King’s College London University of London, 1-5, http://www.isser.org/Financial%20Development.pdf (02.02.20007). DAWSON, J.W. (1998): “Institutions, Investment and Growth: New Cross-Country and Panel Data Evidence”, Economic Inquiry, 2: 603-19. DEMİR, Ö. (1996): Kurumcu İktisat, Vadi Yayınları, Ankara.
DOUCOULIAGOS, C.H. and ULUBAŞOĞLU, M.A. (2004): “Institutions and Economic Growth: A Systems Approach”, Econometric Society 2004 Australasian Meetings No: 63, 1-33, http://repec.org/esAUSM04/up.29323.1076501864.pdf (01.03.2007).
EASTON, S.T. and WALKER, M.A. (1997): “Income, Growth, and Economic Freedom”, American Economic Review, 328-32.
EDWARD L. G., LA PORTA, R., LOPEZ-DE-SILANES, F. and SHLEIFER, A. (2004): “Do Institutions Cause Growth?”, Journal of Economic Growth, 9(3): 271-303. EGGERTSON, T. (1990): Economic Behavior and Institutions, Chambridge University Press, Cambridge. ERTEK, T. (1996): Ekonometriye Giriş, Genişletilmiş 2. Baskı, Beta Yayınları, İstanbul. GREENE, W.H. (1993): Econometric Analysis, Macmillan Publishing Company, New York. HALL, R.E. and JONES, C.I. (1999): “Why Do Some Country produce So Much More Output Per Worker than Others?”, Quarterly Journal of Economics, 114(1): 83-116. HASSAN, F. and SARNA, N. (1996): Economic Growth and Institutions in Africa: A Cross-Country Time Series Analysis, Europe and Central Asia Department I, World Bank, Washington, D. C. HELLIWELL, J.F. (1994): “Empirical Linkages between Democracy and Economic Growth”, British Journal of Political Science, 24(2): 225-48. ISHAM, J., KAUFMANN, D. and PRITCHETT, L. (1997): “Civil Liberties, Democracy, and the Performance of Government Projects”, The World Bank Economic Review, 11(2): 219–42. JONES, C.I. (2002): Introduction to Economic Growth, Second Edition, New York-London: W. W. Norton.
KAUFMANN, D., KRAAY, A. and MASTRUZZI, M. (2007): “Governance Matters VI: Governance Indicators for 1996-2006", World Bank Policy Research Working Paper No. 4280, 1-94, http://ssrn.com/abstract=999979, (06.02.2007). KNACK, S. (2002): “Institutions and Economic Performance; Property Rights and Contract Enforcement”, www.iris.umd.edu/NEWS/conferences/conflb.html, (02.02.2007). KNACK, S. and KEEFER, P. (1995): “Institutions and Economic Performance:Cross-Country Test Using Alternative Measures”, Economics and Politics, 7: 207-227. KORMENDI, R.C. and MEGUIRE, P.G. (1985): “Macroeconomic Determinants of Growth: Cross-Country Evidence”, Journal of Monetary Economics, 16(2): l4l-63. LANE, P.R. and TORNELL, A. (1996): “Power, Growth, and the Voracity Effect”, Journal of Economic Growth, 1(2): 213-41. LONDREGAN, J. and POOLE, K. (1990): “Poverty, die Coup Trap, and the Seizure of Executive Power”, World Politics, 42(2): 151-83.
MARSILIANI, L. and RENSTROM, T.I. (2005): “Political Institutions and Economic Growth”, University of Durham University of Durham and CEPR, http://www.iies.su.se/seminars/papers/060111.pdf (05.02.2007). MAURO, P.(1995): “Corruption and Growth”, Quarterly Journal of Economics, 110(3): 681-712.
NG, F. and YEATS, A. (1999): “Good Governance and Trade Policy: Are They the Keys to Africa's Global Integration and Growth?”, World Bank PDR Working Paper Series #2038. NORTH, D.C. (1990): Institutions, Institutional Change, and Economic Performance, New York: Cambridge University Press. NORTH, D.C. and THOMAS, R.P. (1970): “An Economic Theory of the Growth of the Western World”, The Economic History Review, 23(1): 1-17. NORTH, D.C. and WALLIS, J.J. (1994): “Integrating Institutional Change and Technical Change in Economic History: A Transaction Cost Approach”, JITE, 150(4): 609-624. RODRIK, D. (1999): “Where Did All the Growth Go?”, Journal of Economic Growth, 4(4): 385-412.
RODRIK, D. and SUBRAMANIAN, A. (2003): “The Primacy of Institutions (and what this does and does not mean), Finance and Development, 40(2): 31-35. RODRIK, D., SUBRAMANIAN, A. and TREBBI, F. (2002): “Institutions Role: The Primacy of Institutions Over Geography and Integration in Economic Development”, IMF Working Paper 02/189 (Washington: International Monetary Fund). ROSENBERG, N. and BIRDZELL, L. (1986): How The West Grew Rich: The Economic Transformation of the Industrial World, Basic Books, New York. SACHS, J. D. and WARNER, A.M. (1997): “Sources of Slow Growth in African Economies”, Journal of African Economies, 6(3): 335-76. SAVAġ, F.V. (2000): İktisadın Tarihi, 4. Baskı, Siyasal Kitabevi, Ankara. SCULLY, G. (1988): “The Institutional Framework and Economic Development”, Journal of Political Economy, 96(3): 652-62. SPINDLER, Z. (1991): “Liberty and Development: A Further Empirical Perspective”, Public Choice, 69(2): 197–210. TANG, S.H.K., GROENEWOLD, N. and LEUNG, C.K.Y. (2003): “Institutions Technological Change and Macroeconomic Volatility Crises and Growth: A Robust Causation”, www.cuhk.edu.hk/eco/staff/hktang/personal.htm, (02.02.2007).
THE WORLD BANK (2007), http://info.worldbank.org/governance/kkz2005/q&a.htm, (25.01.2007). VIJAYARAGHAVAN, M. and WARD, W.A. (2001): “Institutions and Economic Growth: Empirical Evidence from a Cross-National Analysis”, Clemson University business.clemson.edu/cit/Documents/0001302.pdf (05.02.2007).

Thank you for copying data from http://www.arastirmax.com