DOES GROWTH ASK FOR POLITICAL STABILITY?
BÜYÜME SİYASİ İSTİKRAR İSTER Mİ?

Author : Çağdaş GÜNDÜZ -- Mehmet DUYAR
Number of pages : 338-353

Abstract

The aim of this study is to empirically investigate the effects of political stability or instability on economic growth. The study was carried out with the annual data covering the period between 1996 and 2017 for G-20 countries. Since, time series analysis of many countries was performed, panel data technique was used as an econometric method combining cross section and time series analysis in the study. As a result of the study, it was seen that the effects of higher levels of political stability/instability on economic growth were positive/negative and statistically significant. According to the findings of the research, the positive/negative relationship between political stability/instability and economic growth is confirmed in terms of G-20 countries in accordance with the literature.

Keywords

Political stability/instability, economic growth, G-20 countries, panel data technics

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