Jeopolitik riskin ekonomik büyüme üzerindeki etkisi: Kırılgan Beşli ülkelerinden ampirik kanıtlar

Emrah Doğan; Başak Özarslan Doğan

doi:10.25287/ohuiibf.804425

EN TR

The effect of geopolitical risk on economic growth: Empirical evidence from the Fragile Five Countries

Abstract

Growth differences between countries have many reasons such as qualified workforce, technology level, natural resources, political and geographical factors as well as risk level. In this context, the effect of geopolitical risk on economic growth for fragile five countries empirically tested. The study was analyzed with the help of panel dataset containing fragile fives of 1985-2017 period and using the Augmented Mean Group Estimator method. In order to determine the effects of geopolitical risk on economic growth, the relationship between real GDP per capita and geopolitical risk index, fixed capital investments and labor force was estimated. According to the empirical results obtained, the effect of geopolitical risk on economic growth was found to be negative and statistically significant in fragile fives countries. On the other hand, the effect of labor and fixed capital investments on economic growth was observed as positive and statistically significant.

Keywords

Jeopolitical risk , Economic growth , Panel data , Fragile fives.

Jeopolitik riskin ekonomik büyüme üzerindeki etkisi: Kırılgan Beşli ülkelerinden ampirik kanıtlar

Öz

Ülkeler arasında meydana gelen büyüme farklılıklarının sahip olunan nitelikli işgücü, teknoloji düzeyi, doğal kaynaklar, siyasi ve coğrafi etkenlerin yanı sıra risk düzeyi gibi birçok sebebi vardır. Bu kapsamda çalışmada Kırılgan Beşli Ülkeler için jeopolitik riskin ekonomik büyüme üzerindeki etkisi ampirik olarak incelenmiştir. Çalışma, 1985-2017 dönemi kırılgan beşli ülkeleri içeren panel veri seti yardımıyla ve Genişletilmiş Ortalama Grup (Augmented Mean Group) Tahmincisi yöntemi kullanılarak analiz edilmiştir. Çalışmada jeopolitik riskin ekonomik büyüme üzerindeki etkilerini belirleyebilmek için, kişi başına Reel GSYİH ile jeopolitik risk endeksi, sabit sermaye yatırımları ve işgücü arasındaki ilişki tahmin edilmiştir. Elde edilen ampirik sonuçlara göre, kırılgan beşli ülkelerinde jeopolitik riskin ekonomik büyüme üzerindeki etkisi negatif ve istatistiki olarak anlamlı olarak bulunmuştur. Öte yandan işgücü ve sabit sermaye yatırımlarının ekonomik büyüme üzerindeki etkisi ise pozitif ve istatistiki anlamlı olarak gözlenmiştir.

Anahtar Kelimeler

Jeopolitik Risk , Ekonomik Büyüme , Panel Veri , Kırılgan Beşli

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Details

Primary Language

Turkish

Subjects

-

Journal Section

Research Article

Authors

Emrah Doğan ^*
0000-0001-9870-5719
Türkiye

Başak Özarslan Doğan
0000-0002-5126-7077
Türkiye

Publication Date

July 31, 2021

Submission Date

October 2, 2020

Acceptance Date

November 12, 2020

Published in Issue

Year 2021 Volume: 14 Number: 3

DOI

https://doi.org/10.25287/ohuiibf.804425

IZ

https://izlik.org/JA88KM52ZP

APA

Doğan, E., & Özarslan Doğan, B. (2021). Jeopolitik riskin ekonomik büyüme üzerindeki etkisi: Kırılgan Beşli ülkelerinden ampirik kanıtlar. Academic Review of Economics and Administrative Sciences, 14(3), 978-990. https://doi.org/10.25287/ohuiibf.804425

Ömer Halisdemir Universitesi Iktisadi ve Idari Bilimler Fakültesi Dergisi (OHUIIBF) is licensed under the Creative Commons Attribution-Noncommercial-Pseudonymity License 4.0 international license.

Jeopolitik riskin ekonomik büyüme üzerindeki etkisi: Kırılgan Beşli ülkelerinden ampirik kanıtlar

The effect of geopolitical risk on economic growth: Empirical evidence from the Fragile Five Countries

Abstract

Keywords

Jeopolitik riskin ekonomik büyüme üzerindeki etkisi: Kırılgan Beşli ülkelerinden ampirik kanıtlar

Öz

Anahtar Kelimeler

References

Details

Primary Language

Subjects

Journal Section

Authors

Publication Date

Submission Date

Acceptance Date

Published in Issue

DOI

IZ

Cite

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