Research Article

Is Democracy Effective in Sustainable Development? Empirical Evidence from E7 Countries / Sürdürülebilir Kalkınmada Demokrasi Etkili mi? E7 Ülkelerinden Ampirik Kanıtlar

Volume: 7 Number: 2 October 5, 2023
EN TR

Is Democracy Effective in Sustainable Development? Empirical Evidence from E7 Countries / Sürdürülebilir Kalkınmada Demokrasi Etkili mi? E7 Ülkelerinden Ampirik Kanıtlar

Abstract

Without democracy and the alternative channels it brings, it is challenging to guarantee sustainable development. The lack of a democratic dimension of sustainable development research enables citizens and institutions to realize their development visions. In this context, the study aims to investigate the effects of democracy on sustainable development empirically. The relationship between democracy and sustainable development was investigated with the help of the annual data for the period 1990-2019 and the Han and Phillips (2010) method for the E-7 countries. According to the findings, democracy has a statistically significant and positive effect on sustainable development. On the other hand, the variables of GDP, innovation, and renewable energy consumption discussed in the study also have a positive and statistically significant effect on sustainable development. The study's findings show that democracy is a significant factor in promoting sustainable development in E-7 countries.

Keywords

References

  1. Acemoglu, D., and Robinson, J. A. (2005). Economic Origins of Dictatorship and Democracy. Cambridge University Press.
  2. Ahmed, Z., Ahmad, M., Rjoub, H., Kalugina, O. A., and Hussain, N. (2022). Economic Growth, Renewable Energy Consumption, And Ecological Footprint: Exploring The Role of Environmental Regulations and Democracy in Sustainable Development. Sustainable Development, 30(4), 595-605.
  3. Appiah Michael, Benjamin Kroenke, Emmanuel Awusi, and Elizabeth Dankwa Yeboah (2019). The Impact of GDP Growth on Achieving Sustainable Development in Ghana. International Journal of Academic Management Science Research, 3(3), 61-71.
  4. Ar, H., and Çelik Uğuz., S. (2017). Küresel Sürdürülebilir Kalkınma Hedeflerinde Turizmin Rolü: Türkiye Örneği. Journal of International Social Research, 10(49), 521-530.
  5. Arellano M. and Bond S. (1991). Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations. The Review of Economic Studies, 58, 277-297.
  6. Arellano M. and Bover O. (1995). Another Look at the Instrumental Variable Estimation of Error-Components Models. Journal of Econometrics, 68, 29-51.
  7. Arellano, M. and Bond S. (1998). Dynamic Panel Data Estimation Using DPD98 for Gauss. A Guide for Users. Access Address: https://w.american.edu/cas/economics/ gaussres/regress/dpd/dpd98.pdf
  8. Artan, S., ve Kalaycı, C. (2014). Gelişmiş Ve Gelişmekte Olan Ülkelerde Dışa Açıklık, Demokrasi Ve Gelir Dağılımı Ilişkisi. SGD-Sosyal Güvenlik Dergisi, 4(2), 69-88.

Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

October 5, 2023

Submission Date

May 5, 2023

Acceptance Date

September 20, 2023

Published in Issue

Year 2023 Volume: 7 Number: 2

APA
Doğan, E., & Özarslan Doğan, B. (2023). Is Democracy Effective in Sustainable Development? Empirical Evidence from E7 Countries / Sürdürülebilir Kalkınmada Demokrasi Etkili mi? E7 Ülkelerinden Ampirik Kanıtlar. Uluslararası Ekonomi İşletme Ve Politika Dergisi, 7(2), 341-351. https://doi.org/10.29216/ueip.1293074

Cited By

International Journal of Economics, Business and Politics

Recep Tayyip Erdogan University
Faculty of Economics and Administrative Sciences

Department of Economics

RIZE / TÜRKİYE