Impact on Economic Growth of Technological Progress in the Turkey Economy: Empirical Analysis on Political and Financial Stability Channel

Nazan Yelkikalan, Erdal Aydin and Unzule Kurt

International Business Research, 2017, vol. 10, issue 3, 80-90

Abstract: As an important dynamic of economic growth in the literature, technological progress is addressed in the study in the context of political and financial stability channels. In this context, the aim of the study is to determine the relationship between effects of technological progress on economic growth and political and financial stability concepts. The study for Turkish economy is based on data of 1984-2014 period and technological progress variable is considered as advanced technology export. As a result of the study, the obtained results of causality analysis showed that political and financial stability are important channels in technological progress and economic growth relation.

Keywords: technological progress; economic growth; political stability; financial stability (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ibrjnl:v:10:y:2017:i:3:p:80-90

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