Mekânsal Etkilerle Aydınlatılan Yol: Kurumsal Gelişmişliğin Ekonomik Büyüme Üzerindeki Rolü

Öz

Bu çalışma, kurumsal gelişim ile ekonomik büyüme arasındaki ilişkiyi, mekansal etkileri de göz önünde bulundurarak araştırmaktadır. Kurumsal ekonomi, sürdürülebilir kalkınma için çok önemli olan ekonomik büyümede kurumların oynadığı merkezi rolü vurgular. 2011-2021 yılları arasında 26 AB ülkesindeki büyüme modellerini analiz ederek, kurumsal gelişim üzerindeki mekansal etkileri keşfetmek için mekansal panel veri yöntemleri kullanılmıştır. LM test sonuçları, mekansal etkilerin varlığını doğrulamaktadır; mekansal gecikmeli sabit etkiler modeli, LR test istatistiklerine göre en önemli sonucu vermektedir. Analiz, mekansal etkiler ile ekonomik büyüme arasında pozitif bir ilişki olduğunu ortaya koymaktadır. Emek ve sermaye değişkenleri, sırasıyla 0,36 ve 0,57 esnekliklerle istatistiksel olarak anlamlıdır ve toplamda yaklaşık 0,93'tür. Hesap verebilirlik, hukukun üstünlüğü ve yolsuzluğun kontrolü, kurumsal gelişim için önemlidir. Beklendiği gibi, hukukun üstünlüğü ve yolsuzluğun kontrolü ekonomik büyümeyi olumlu etkilerken, hesap verebilirlik bunu olumsuz etkilemektedir. Sonuç olarak, etkili kurumlar ekonomik büyüme ve refah için hayati öneme sahiptir. Politika yapıcılar, sürdürülebilir kalkınma ve ekonomik büyüme için sağlam bir çerçeve oluşturmak amacıyla kurumsal reformlara öncelik vermelidir.

Anahtar Kelimeler

• Avrupa Birliği
• Kurumsal gelişim
• Mekânsal panel veri analizi
• SLM
• SEM

The Path Illuminated by Spatial Effects: The Role of Institutional Development on Economic Growth

Öz

This study investigates the relationship between institutional development and economic growth, considering spatial effects. Institutional economics emphasizes institutions' pivotal role in economic growth, crucial for sustainable development. Analyzing growth models across 26 EU countries from 2011-2021, spatial panel data methods are used to explore spatial effects on institutional development. LM test results confirm spatial effects' presence, with the spatial lagged fixed effects model proving most significant based on LR test statistics. Analysis reveals a positive relationship between spatial effects and economic growth. Labor and capital variables show statistical significance, with elasticities of 0.36 and 0.57 respectively, totaling approximately 0.93 combined. Accountability, the rule of law, and control of corruption are significant for institutional development. As anticipated, the rule of law and control of corruption positively influence economic growth, while accountability negatively impacts it. In conclusion, effective institutions are vital for economic growth and well-being. Policymakers should prioritize institutional reforms to establish a robust framework for sustainable development and economic growth.

Anahtar Kelimeler

• European Union
• Institutional development
• Spatial panel data analysis
• SLM
• SEM

Kaynakça

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