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Afrika Ülkelerinde Politik İstikrar ve Ekonomik Büyüme

Year 2016, Volume: 5 Issue: 7, 2277 - 2290, 29.10.2016
https://doi.org/10.15869/itobiad.260265

Abstract

Bu çalışmanın amacı
Afrika ülkelerinde politik istikrar ve ekonomik büyüme arasında nedensellik
ilişkisinin olup olmadığının test edilmesidir. Politik istikrardaki bozulma
sadece ekonomik büyümeyi değil aynı zamanda gelir dağılımı ve askeri
harcamaları da etkilemektedir. Bu yüzden bu çalışmada politik istikrarsızlık,
ekonomik büyüme, gelir eşitsizliği ve askeri harcamalar arasındaki ilişkilerin
yönünü incelenecektir. 2000-2011 yıllarına ait 52 Afrika ülkesine ait Dünya
Bankasının Afrika Gelişmişlik Göstergelerinden elde edilmiş panel data verisi
ile Granger Nedensellik testi kullanılarak hipotez test edilmiştir. Test
sonuçlarına göre ekonomik büyümeden politik istikrarsızlığa tek yönlü bir
ilişki vardır. Politik istikrarsızlık gelir dağılımı ve askeri harcamaları
doğrudan etkilerken ekonomik büyümeyi askeri harcamalar üzerinden
etkilemektedir.

References

  • Alesina, A., Ozler, Ş., Roubini, N. Swagel, P. (1992). Political Instability and Economic Growth. NBER Working Paper, 4173.
  • Alesina, A., Roberto, P. (1993). Income Distribution, Political Instability, and Investment. NBER Working Paper, 4486.
  • Alesina, A., Rodrik, D., (1994). Distributive Politics and Economic Growth. Quarterly Journal of Economics, 10(2), 465-490.
  • Alesina, A., Perotti, R. (1994). The Political Economy of Growth: A Critical Survey of the Recent Literature. World Bank Economic Review, 8(3) 351–371.
  • Barro, R. J. (1991) Economic Growth in a Cross-Section of Countries. Quarterly Journal of Economics, 106(2), 407-444.
  • Barro, Robert J. ve Sala-i-Martin, X. (1995). Economic Growth. New York: McGraw-Hill.
  • Bertola, G. (1993). Market Structure and Income Distribution in Endogenous Growth Models. American Economic Review, 83(5), 1184-1199.
  • Birdsall, N., Ross, D., R., Sabot, R. (1995). Inequality and Growth Reconsidered: Lessons from East Asia. World Bank Economic Review, 9(3), 477–508.
  • Caselli, F., Esquivel, G., Lefort, F. (1996, September). Reopening the Convergence Debate: A New Look at Cross-Country Growth Empirics. Journal of Economic Growth, 1(3), 363–389.
  • Deininger, K., Squire, L. (1998, December). New Ways of Looking at Old Issues: Inequality and Growth. Journal of Development Economics, 57(2), 259–287.
  • Forbes, K. J. (2000). A Reassessment of the Relationship between Inequality and Growth, American Economic Review ,90(4), 869–897.
  • Levin, A., Lin, C.F. ve Chu (2002). Unit root tests in panel data: Asymptotic and finite-sample properties, Journal of Econometrics, 108 (1), 1–24.
  • Levine, R., E., Renelt, D. (1992, September). A Sensitivity Analysis of Cross-Country Growth Regressions. American Economic Review, 82(4), 942–963.
  • Londregan, J. B., Poole, K., T. (1990). The Coup Trap, and The Seizure of Executive Power. World Politics, 42(2), 151-183.
  • Im, K.S., Pesaran, M.H. ve Shin, Y. (2003) Testing for Unit Roots in heterogeneous Panels. Journal of Economics. 115:53-74
  • Ozler, S., Tabellini, G. (1991). External Debt and Political Instability. NBER Working Paper 3772.
  • Perotti, R. (1996). Growth, Income Distribution and Democracy. Journal of Economic Growth, 1(2), 149–187.
  • Persson, T., Tabellini, G. (1994). Is Inequality Harmful for Growth? Theory and Evidence. The American Economic Review, 84(3), 600-621.
  • Venieris, Y., Gupta, D. (1986). Income Distribution and Socio-Political Instability as Determinants of Savings: A Cross-Sectional Model. Journal of Political Economy 96, 873-883.

Political Stability and Economic Growth in Africa

Year 2016, Volume: 5 Issue: 7, 2277 - 2290, 29.10.2016
https://doi.org/10.15869/itobiad.260265

Abstract

The
main aim of this study is to analyze whether there is a causality relation between
the political stability and economic growth. Deterioration in political
stability has an effect not only on economic growth but also on income
distribution and military expenditures. For this reason, in this study it is
analyzed the relation among political instability, economic growth, income
inequality and military expenditures. Granger Causality Test is used for the
panel data which is constructed from World Bank’s Africa Development Indicator
for 52 African countries between 2000 and 2011. According to test results,
there is one-way relation from economic growth to political instability.
Political instability influence income distribution and military expenditures
directly while it affects economic growth through military expenditures.

References

  • Alesina, A., Ozler, Ş., Roubini, N. Swagel, P. (1992). Political Instability and Economic Growth. NBER Working Paper, 4173.
  • Alesina, A., Roberto, P. (1993). Income Distribution, Political Instability, and Investment. NBER Working Paper, 4486.
  • Alesina, A., Rodrik, D., (1994). Distributive Politics and Economic Growth. Quarterly Journal of Economics, 10(2), 465-490.
  • Alesina, A., Perotti, R. (1994). The Political Economy of Growth: A Critical Survey of the Recent Literature. World Bank Economic Review, 8(3) 351–371.
  • Barro, R. J. (1991) Economic Growth in a Cross-Section of Countries. Quarterly Journal of Economics, 106(2), 407-444.
  • Barro, Robert J. ve Sala-i-Martin, X. (1995). Economic Growth. New York: McGraw-Hill.
  • Bertola, G. (1993). Market Structure and Income Distribution in Endogenous Growth Models. American Economic Review, 83(5), 1184-1199.
  • Birdsall, N., Ross, D., R., Sabot, R. (1995). Inequality and Growth Reconsidered: Lessons from East Asia. World Bank Economic Review, 9(3), 477–508.
  • Caselli, F., Esquivel, G., Lefort, F. (1996, September). Reopening the Convergence Debate: A New Look at Cross-Country Growth Empirics. Journal of Economic Growth, 1(3), 363–389.
  • Deininger, K., Squire, L. (1998, December). New Ways of Looking at Old Issues: Inequality and Growth. Journal of Development Economics, 57(2), 259–287.
  • Forbes, K. J. (2000). A Reassessment of the Relationship between Inequality and Growth, American Economic Review ,90(4), 869–897.
  • Levin, A., Lin, C.F. ve Chu (2002). Unit root tests in panel data: Asymptotic and finite-sample properties, Journal of Econometrics, 108 (1), 1–24.
  • Levine, R., E., Renelt, D. (1992, September). A Sensitivity Analysis of Cross-Country Growth Regressions. American Economic Review, 82(4), 942–963.
  • Londregan, J. B., Poole, K., T. (1990). The Coup Trap, and The Seizure of Executive Power. World Politics, 42(2), 151-183.
  • Im, K.S., Pesaran, M.H. ve Shin, Y. (2003) Testing for Unit Roots in heterogeneous Panels. Journal of Economics. 115:53-74
  • Ozler, S., Tabellini, G. (1991). External Debt and Political Instability. NBER Working Paper 3772.
  • Perotti, R. (1996). Growth, Income Distribution and Democracy. Journal of Economic Growth, 1(2), 149–187.
  • Persson, T., Tabellini, G. (1994). Is Inequality Harmful for Growth? Theory and Evidence. The American Economic Review, 84(3), 600-621.
  • Venieris, Y., Gupta, D. (1986). Income Distribution and Socio-Political Instability as Determinants of Savings: A Cross-Sectional Model. Journal of Political Economy 96, 873-883.
There are 19 citations in total.

Details

Journal Section Articles
Authors

Mine Kalay This is me

Dilek Çetin This is me

Publication Date October 29, 2016
Published in Issue Year 2016 Volume: 5 Issue: 7

Cite

APA Kalay, M., & Çetin, D. (2016). Afrika Ülkelerinde Politik İstikrar ve Ekonomik Büyüme. İnsan Ve Toplum Bilimleri Araştırmaları Dergisi, 5(7), 2277-2290. https://doi.org/10.15869/itobiad.260265

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