THE RELATIONSHIP BETWEEN DISASTERS AND ECONOMIC GROWTH: THE CASE OF EMERGING MARKET ECONOMIES

Öz

In this study, the relationship between disasters and economic growth was analyzed practically in the context of emerging market economies. Using annual data for the years 1995-2021, the effects of the number of people affected by disasters, gross fixed capital formation and population on GDP per capita were investigated. The estimated model in the research was established based on the Cobb-Douglas function. Driscoll-Kraay (1998) fixed effects model estimator was used to determine the relationships between the variables used in the study. According to the findings; When the effects of the independent variables capital, population and the number of people affected by disasters on economic growth are examined; An increasing effect of all independent variables on the dependent variable was determined.

Anahtar Kelimeler

• Economic growth
• disasters
• emerging market economies
• capital
• panel data analysis.

Yükselen Piyasa Ekonomilerinde Afetler ve Ekonomik Büyüme İlişkisi

Öz

Bu çalışmada afetler ile ekonomik büyüme arasındaki ilişki yükselen piyasa ekonomileri özelinde uygulamalı olarak analiz edilmiştir. 1995-2021 yıllarına ait yıllık veriler kullanılarak kişi başına düşen GSYH üzerinde, afetlerden etkilenen kişi sayısı, brüt sabit sermaye oluşumu ve nüfusun etkileri araştırılmıştır. Araştırmada tahmin edilen model Cobb-Douglas fonksiyonu temel alınarak kurulmuştur. Çalışmada kullanılan değişkenler arasındaki ilişkilerin tespitinde Driscoll-Kraay (1998) sabit etkiler model tahmincisinden yararlanılmıştır. Elde edilen bulgulara göre; ekonomik büyüme üzerinde bağımsız değişkenlerden sermaye, nüfus ve afetlerden etkilenen kişi sayısı değişkenlerinin etkisi incelendiğinde; tüm bağımsız değişkenlerin bağımlı değişken üzerinde arttırıcı etkisi tespit edilmiştir.

Anahtar Kelimeler

• Ekonomik büyüme
• afetler
• yükselen piyasa ekonomileri
• sermaye
• panel veri analizi.

Kaynakça

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