TY  - JOUR
TT  - Political Instability and Economic Performance: the Case of Turkey
AU  - Arslan, Ünal
PY  - 2011
DA  - February
JF  - Ege Academic Review
JO  - eab
PB  - Ege University
WT  - DergiPark
SN  - 1303-099X
SP  - 73
EP  - 80
VL  - 11
IS  - 1
KW  - İktisadi büyüme
KW  - siyasi istikrarsızlık
KW  - eşbütünleşme testi
N2  - 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
CR  - Alesina, A. ve Perotti, R. (1995) “Income Distribution, Political Stability and Investment”, European Economic Review, 40:1203-1220.
CR  - Alesina, A. ve Rodrik, D., (1994) “Distributive Politics and Economic Growth”, Quarterly Journal of Economics, 109 (2): 465-490.
CR  - Alesina, A. ve Tabellini, G. (1990) “A Positive Theory of Fiscal Deficits and Government Debt”, Review of Economic Studies, (57): 403-414.
CR  - Alesina, A., Özler, S., Roubini, N. ve Swagel, P. (1996) “Political Stability and Economic Growth”, Journal of Economic Growth, 1(2): 189-211.
CR  - Asteriou, D., ve Price, S. (2001) “Political Instability and Economic Growth: UK Time Series Evidence”, Scottish Journal of Political Economy, 48 (4): 383-399.
CR  - Barro, R. (1997) The Determinants of Economic Growth; A Cross Country Empirical Study, Cambridge MA: MIT Press.
CR  - Barro, R. J. (1991) “Economic Growth in a Cross Section of Countries,”, Quarterly Journal of Economics, 106 (2): 407- 444.
CR  - Barro, R. J. ve Sala-i-Martin, X. (1995) “Technological Diffusion, Convergence, and Growth,” NBER Working Paper, No. 5151.
CR  - Benabou, R. (1996) “Inequality and Growth”, NBER Working Paper, 5658.
CR  - Benhabib, J. ve Rustichini, A. (1996) “Social Conflict and Growth”, Journal of Economic Growth, 1 (1): 125-142.
CR  - Berthélemy, J., Kauffmann, C., Renard, L. ve Wegner, L. (2000) “Political Instability, Political Regimes and Economic Performance in African Countries”, Draft Paper for African Economic Outlook, Paris.
CR  - Bienen, H. S., Londregan, J. ve Van de Walle, N. (1993) “Ethnicity, Leadership Succession, and Economic Development in Africa.” Institute for Policy Reform, Washington, D.C.
CR  - Chen, B. ve Feng, Y. (1996) “Some Political Determinants of Economic Growth: Theory and Empirical Implication”, European Journal of Political Economy, 12: 607-27.
CR  - Collier, P. (1999) “On the Economic Consequences of Civil War,” Oxford Economic Papers, Vol. 51: 163-83.
CR  - Darby, J., Chol-Won, L., ve Muscatelli, A. V. (2004) “Political uncertainty, public expenditure and growth,” European Journal of Political Economy, 20(1):153-179.
CR  - De Haan, J. ve Siermann, C.L.J. (1995) “New Evidence on the Relationship Between Democracy and Economics Growth”, Public Choice, 86: 175-98.
CR  - Devereux, M. B. ve Wen, J. (1997) “Political Instability, Capital Taxation and Growth”, European Economic Review, 42: 1635- 1651.
CR  - Easterly, W. ve Levine, R. (1997) “Africa’s Growth Tragedy: Policies and Ethnic Divisions”, The Quarterly Journal of Economics, 112(4): 1203-1250.
CR  - Eaton, J. ve Kortum, S. S. (1995) “Trade in Ideas: Patenting and Productivity in the OECD”, NBER Working Papers, No. 5049.
CR  - Enders, W. (1995) Applied Econometric Time Series, New York, John Wiley & Sons Inc,.
CR  - Ghate C., Vu Le, Q., ve. Zak, P. J (2003) “Optimal Fiscal Policy in an Economy Facing Socio-Political Instability”, Review of Development Economics, 7(4): 583-598.
CR  - Granger, C.W.J. (1969) “Investigating Causal Relation by Econometric and Cross-Sectional Method”, Econometrica 37: 424–438.
CR  - Gujarati, D. N. (1999) Temel Ekonometri, (çev: Ümit Şenses ve Gülay Günlük Şenesen), Literatür Yayıncılık.
CR  - Hall, R. E. ve Charles, I. J. (1999) “Why Do Some Countries Produce So Much More Output Per Worker Than Others?”, The Quarterly Journal of Economics, 114( 1): 83-116.
CR  - Isham, J., Kaufmann, D. ve Pritchett, L. (1997) “Civil Liberties, Democracy, and the Performance of Government Projects.” The World Bank Economic Review, 11( 2): 219–42.
CR  - Johansen, S. (1988) “Statistical Analysis of Cointegration Vectors”, Journal of Economic Dynamics and Control, 12( 2-3): 231–54.
CR  - Johansen, S. ve Katarina, J. (1990) “Maximum Likelihood Estimation and Inference on Cointegration– with Applications to the Demand for Money”, Oxford Bulletin of Economics and Statistics, 52/ 2: 169-210.
CR  - Jong-A-Pin, R. (2009) “On the Measurement of Political Instability and Its Impact on Economic Growth”, European Journal of Political Economy, 25: 15-29.
CR  - Kibritçioğlu, A. ve Dibooğlu, S. (2001) “Long-Run Economic Growth: An Interdisciplinary Approach”, Knowledge, Technology, &Policy, 13(4): 59-70.
CR  - Kibritçioğlu, A. (1998) “İktisadi Büyümenin Belirleyicileri ve Yeni Büyüme Modellerinde Beşeri Sermayenin Yeri”. AÜ Siyasal Bilgiler Fakültesi Dergisi, 53( 1-4): 207-230.
CR  - Klomp, J. ve Jakob, D.H. (2009) Political Institutions and Economic Volatility, European Journal of Political Economy, 25: 311-326.
CR  - Knack, S. ve Keefer, P.(1995) “Institutions and Economic Performance: Gross-Country Test Using Alternative Institutional Measures”, Economics and Politics, 7(3): 207-27.
CR  - Leahy J. V. ve Whited T. M. (1996) “The Effect of Uncertainity on Investment Some Stylized Facts”, Journal of Money, Credit and Banking, 28(1): 64-83.
CR  - Murphy, K., Sleifer, A. ve Vishny, R. (1991), “The Allocation of Talent:Implications for Growth, Quarterly Journal of Economics, 106: 503-530.
CR  - Oliva, M. ve Rivera-Batiz, L. A. (2002) “Political Institutions, Capital Flows, and Developing Country Growth: An Empirical Investigation”, Review of Development Economics, 6: 248-62.
CR  - Olson , M. (1982) “The Rise and Decline of Nations: Economic Growth, Stagflation and Social Rigidities”, New Hawen, Yale University Pres.
CR  - Parente, S.L. ve Prescott, E. C. (1994) “ Barriers to Technology Adoption and Development”, Journal of Political Economy, 102(2): 258-321.
CR  - Perotti, R. (1996) “Growth, Income, Distribution and Democracy: What the Data Say?”, Journal of Economic Growth, 1(2): 149-187.
CR  - Perrson, T. ve Svensson, L. (1989) “Why Stubborn Conservatives Run Deficits: Policy with Time-Inconsistent Preferences,” Quarterly Journal of Economics, 85. 325-45.
CR  - Persson, T. ve Tabellini, G. (1994) “Is Inequality Harmful for Growth?”,American Economic Review, 84(3): 600–621.
CR  - Sokoloff, K. L. ve Engerman, S. L. (2000) “History Lessons: Institutions, Factors Endowment, and Paths of Development in the New World”, The Journal of Economic Perspectives, 14(3): 217-232.
CR  - Swensson, J. (1998) “Investment, Properity Rights and Political Instability: Theory and Evidence, European Economic Review, 42: 1317-1341.
CR  - Tezel, Y. S, (2003) İktisadi Büyüme, Ankara, İmaj Yayınevi.
UR  - https://dergipark.org.tr/en/pub/eab/issue//473379
L1  - https://dergipark.org.tr/en/download/article-file/558597
ER  -