An Analysis on The Relationship Between Political Stability and Economic Performance in BRICS-T Countries

Ali Eren Alper
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Ali Eren Alper: Nigde Omer Halisdemir University

Business and Economics Research Journal, 2018, vol. 9, issue 1, 49-56

Abstract: In this study, the impact of political stability on economic growth in developing countries is examined using the annual data set of the period 1996-2016. In the study with panel data analysis method, political stability in developing countries is detected to assume a positive role in economic growth. Results Show that, %1 increase in political stability triggers economic growth by 1.27%. Furthermore, the economic growth of the model is found to be negatively related to the unemployment rate, inflation rate, and government expenditures; while positively related with trade openness according to the estimation findings.

Keywords: Political Stability; Economic Growth; Panel Data Analysis (search for similar items in EconPapers)
JEL-codes: C23 O40 P48 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ris:buecrj:0312

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