Research Article

Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries

Volume: 12 Number: 24 December 29, 2023
TR EN

Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries

Abstract

This study attempts to examine the impact of human rights and economic growth by utilizing two measures of economic growth for developing countries and an unbalanced data spanning from 1961-2017. The hypothesis of the study asserts that improvement in human right protection score increases economic growth in an economy. Firstly I conducted panel unit root test to see if the variables are stationary. After verifying the stationarity of variables at levels (i.e., I(0)) based on panel unit root tests, empirical estimations were conducted without the fear of potential spurious regression problem. According to the estimation results, in parallel to prior expectations, positive statistically significant effect on economic growth was identified for the variables of human right protection, physical capital investment, education investment, openness whereas negative statistically significant effect on economic growth was identified for the variable of inflation in all models estimated. Estimation results indicate that countries trying to reach to higher economic growth, besides the other determinants of economic growth, must pay attention to human right protection and implement policies that prioritizing human right protection.

Keywords

References

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Details

Primary Language

English

Subjects

Panel Data Analysis, Growth

Journal Section

Research Article

Early Pub Date

December 31, 2023

Publication Date

December 29, 2023

Submission Date

August 27, 2023

Acceptance Date

September 19, 2023

Published in Issue

Year 2023 Volume: 12 Number: 24

APA
Yalçınkaya Koyuncu, J. (2023). Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries. Balkan Sosyal Bilimler Dergisi, 12(24), 1-6. https://doi.org/10.55589/bsbd.1350809
AMA
1.Yalçınkaya Koyuncu J. Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries. BJSS. 2023;12(24):1-6. doi:10.55589/bsbd.1350809
Chicago
Yalçınkaya Koyuncu, Jülide. 2023. “Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries”. Balkan Sosyal Bilimler Dergisi 12 (24): 1-6. https://doi.org/10.55589/bsbd.1350809.
EndNote
Yalçınkaya Koyuncu J (December 1, 2023) Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries. Balkan Sosyal Bilimler Dergisi 12 24 1–6.
IEEE
[1]J. Yalçınkaya Koyuncu, “Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries”, BJSS, vol. 12, no. 24, pp. 1–6, Dec. 2023, doi: 10.55589/bsbd.1350809.
ISNAD
Yalçınkaya Koyuncu, Jülide. “Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries”. Balkan Sosyal Bilimler Dergisi 12/24 (December 1, 2023): 1-6. https://doi.org/10.55589/bsbd.1350809.
JAMA
1.Yalçınkaya Koyuncu J. Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries. BJSS. 2023;12:1–6.
MLA
Yalçınkaya Koyuncu, Jülide. “Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries”. Balkan Sosyal Bilimler Dergisi, vol. 12, no. 24, Dec. 2023, pp. 1-6, doi:10.55589/bsbd.1350809.
Vancouver
1.Jülide Yalçınkaya Koyuncu. Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries. BJSS. 2023 Dec. 1;12(24):1-6. doi:10.55589/bsbd.1350809