Kurumsal Yapı ve İktisadi Büyüme İlişkisi: Türkiye Örneği
Seyfettin Artan () and
Sosyoekonomi Journal, 2014, issue 22(22)
In recent years, institutional economic thought, which argues that economic life cannot considered freely from institutions’ effects, is an important center of interest. With institutional economic thought, as the view that has stepped forward is that some prominent factors which are referred to as the determiners of growth in traditional growth theories, could be described as the factors identified by institutions’ incentives and the institutional structure has been the main point to focus on growth analysis. As a result, the role of institutions and the institutional structure in the process of economic growth has become one of the most emphasized topics of economists’ research. In this study, the relationship between institutional structure and economic growth analyzed for Turkey the period of 1972-2009. The results of the study show that political freedom which taken as an indicator of the level of the institutional structure have a positive effect on the long run economic growth but it couldn’t be found a relationship between institutional structure and economic growth in the short run.
Keywords: Institutional Structure; Economic Growth; Co-integration Analysis. (search for similar items in EconPapers)
JEL-codes: B25 C32 O43 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:sos:sosjrn:140216
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