@article{article_473379, title={Political Instability and Economic Performance: the Case of Turkey}, journal={Ege Academic Review}, volume={11}, pages={73–80}, year={2011}, author={Arslan, Ünal}, keywords={Economic growth, political instability, cointegration test}, abstract={This study investigates the relationship between political instability and Gross Domestic Product (GDP) in Turkey, covering the period 1987-2007 using Johansen (1988) cointegration and Error Correction Model (ECM) tests. The result of the cointegration analysis indicates that there is a long-run relationship between gross domestic product (GDP) and political instability. Additionally, the Error Correction Model suggests an uni-directional causal relationship from Gross Domestic Product (GDP) to political instability}, number={1}, publisher={Ege University}