Hitit Sosyal Bilimler Dergisi 2757-7449 Hitit University 10.17218/hititsbd.926999 IS GOVERNANCE EFFECTIVE IN ECONOMIC GROWTH? EVIDENCE FROM MSCI COUNTRIES EKONOMİK BÜYÜMEDE YÖNETİŞİM ETKİLİ Mİ? MSCI ÜLKELERİNDEN KANITLAR https://orcid.org/0000-0003-1591-1256 Almohammed Hasan GAZIANTEP UNIVERSITY, INSTITUTE OF SOCIAL SCIENCES, BUSINESS ADMINISTRATION (MASTER) (WITH THESIS) https://orcid.org/0000-0002-0239-3253 Ekşi İbrahim GAZIANTEP UNIVERSITY, INSTITUTE OF SOCIAL SCIENCES, BUSINESS ADMINISTRATION (DR) 06 30 2021 14 1 41 55 04 24 2021 06 15 2021 Copyright © 2008, Hitit Journal of Social Sciences 2008 Hitit Journal of Social Sciences

The main objective of the research is to study the relationship between governance and economic development in emerging economies. We used MSCI countries as a sample due to their increasing importance. Our research is based on the World Bank data for Worldwide Governance Indicators (WGI) of observed countries from 2002 to 2018. The Principal Component Analysis (PCA) and Generalized Method of Moments (GMM) were applied to identify the relationship between the GDP index as a dependent variable and the WGI as an independent variable and other control variables. The experimental results showed that there was no significant relationship between governance and economic development. On the basis of these findings, it is emphasized that the countries in the sample should give more importance to governance.

Gelişmekte olan ülkeler yıllık büyümede önemli bir gelişme kaydetmekte ve bugünkü dünya ekonomisinin önemli bir bölümünü oluşturmaktadır (dünya GSYİH'sinin yaklaşık%60'ı). Bu ülkeler dünya nüfusunun%85'ini temsil ediyor. İlgili nedenlerden dolayı bu ülkelerin ekonomilerinin incelenmesi çok önemli bir konudur. Araştırmanın temel amacı, gelişmekte olan ekonomilerde yönetişim ile ekonomik kalkınma arasındaki ilişkiyi incelemektir. Araştırmamız, 2002'den 2018'e kadar gelişen ekonomilerin Dünya Çapında Yönetişim Göstergeleri (WGI) için Dünya Bankası verilerine dayanmaktadır. Temel Bileşen Analizi (PCA) ve Genelleştirilmiş Momentler Yöntemi (GMM); (GSYH) bir bağımlı değişken, WGI bağımsız bir değişken olarak ve FDI, INF ve WPA göstergeleri birer kontrol değişkenleri olarak uygulanmıştır. Deneysel sonuçlar, yönetişim ve ekonomik kalkınma arasında önemli bir ilişki olmadığını gösterdi. Bu bulgulardan hareketle örneklemdeki ülkelerin yönetişime daha fazla önem vermesi gerektiği vurgulanmaktadır.

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