Research Article

Effects of Welfare Indicators on Economic Growth in Turkiye

Volume: 37 Number: 4 November 10, 2022
TR EN

Effects of Welfare Indicators on Economic Growth in Turkiye

Abstract

Debates over economic growth generally focus on factor supply, especially capital accumulation, labor stock and skill, natural resources, and technological capacity. Quality of human life, as well as distribution of national income among citizens are evaluated in terms of their effects on growth performance, in this study. The relationship between economic growth, human development, and income distribution in Turkiye is analyzed with ARDL test using the data of 1990-2017 period. Findings indicate that the series are cointegrated. A long run relationship was determined between Gross Domestic Product per capita (GDP), and human development index (HDI) and the measure of income distribution, namely the Gini coefficient (GINI). Granger causality test indicates a unidirectional causality from HDI to GDP. Based on the long-run estimation results, it has been observed that there is a positive and statistically significant relationship between GDP and HDI, while there is a negative and statistically significant relationship between GDP and GINI, in the long-run.

Keywords

References

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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

November 10, 2022

Submission Date

December 23, 2021

Acceptance Date

April 6, 2022

Published in Issue

Year 2022 Volume: 37 Number: 4

APA
Bayraktutan, Y., & Alancıoğlu, E. (2022). Effects of Welfare Indicators on Economic Growth in Turkiye. İzmir İktisat Dergisi, 37(4), 991-1002. https://doi.org/10.24988/ije.1040649
AMA
1.Bayraktutan Y, Alancıoğlu E. Effects of Welfare Indicators on Economic Growth in Turkiye. İzmir İktisat Dergisi. 2022;37(4):991-1002. doi:10.24988/ije.1040649
Chicago
Bayraktutan, Yusuf, and Erdal Alancıoğlu. 2022. “Effects of Welfare Indicators on Economic Growth in Turkiye”. İzmir İktisat Dergisi 37 (4): 991-1002. https://doi.org/10.24988/ije.1040649.
EndNote
Bayraktutan Y, Alancıoğlu E (November 1, 2022) Effects of Welfare Indicators on Economic Growth in Turkiye. İzmir İktisat Dergisi 37 4 991–1002.
IEEE
[1]Y. Bayraktutan and E. Alancıoğlu, “Effects of Welfare Indicators on Economic Growth in Turkiye”, İzmir İktisat Dergisi, vol. 37, no. 4, pp. 991–1002, Nov. 2022, doi: 10.24988/ije.1040649.
ISNAD
Bayraktutan, Yusuf - Alancıoğlu, Erdal. “Effects of Welfare Indicators on Economic Growth in Turkiye”. İzmir İktisat Dergisi 37/4 (November 1, 2022): 991-1002. https://doi.org/10.24988/ije.1040649.
JAMA
1.Bayraktutan Y, Alancıoğlu E. Effects of Welfare Indicators on Economic Growth in Turkiye. İzmir İktisat Dergisi. 2022;37:991–1002.
MLA
Bayraktutan, Yusuf, and Erdal Alancıoğlu. “Effects of Welfare Indicators on Economic Growth in Turkiye”. İzmir İktisat Dergisi, vol. 37, no. 4, Nov. 2022, pp. 991-1002, doi:10.24988/ije.1040649.
Vancouver
1.Yusuf Bayraktutan, Erdal Alancıoğlu. Effects of Welfare Indicators on Economic Growth in Turkiye. İzmir İktisat Dergisi. 2022 Nov. 1;37(4):991-1002. doi:10.24988/ije.1040649
İzmir Journal of Economics
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