An Analysis of Relation Between Economic Growth and Democratization: An Empiric Application (A Sample of Turkey) (Ekonomik Büyüme ve Demokratikleşme Arasındaki İlişkinin Analizi: Ampirik Bir Uygulama (Türkiye Örneği)

• Main Authors: M. Veysel KAYA, Erkan DEMİRBAŞ
• Format: Article
• Language: deu
• Published: Celal Bayar University 2012-01-01
• Series: Yönetim ve Ekonomi
• Subjects: Democratization; Economic Growth; Political Freedom; Co-integration; Demokratikleşme; Ekonomik Büyüme; Politik Özgürlük; Eşbütünleşme
• Online Access: http://www2.bayar.edu.tr/yonetimekonomi/dergi/pdf/C19S22012/123_132.pdf

The aim of this study is to analyze the relation between democratization and economic growth in Turkey, using time series data from 1980 to 2006. In the scope of this aim, an econometric application was held by using co-integration analyses and causality test in which the civil rights and liberties, politic liberties, and growth of population are added the model as an independent variables, and Gross Domestic Production (GDP) as a dependent variable. Results show that there is a long run relationship between civil rights liberties, political liberties, population growth rate and GDP growth rate. It is also found out that there is a unidirectional causality from civil rights and political liberties to GDP growth rate.