Araştırma Makalesi
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İnsan Hakları Ekonomik Büyümeyi Artırır mı? Gelişmekte Olan Ülkelerden Panel Kanıt

Yıl 2023, Cilt: 12 Sayı: 24, 1 - 6, 29.12.2023
https://doi.org/10.55589/bsbd.1350809

Öz

Bu çalışma, gelişmekte olan ülkeler için iki ekonomik büyüme ölçütü ve 1961-2017 yıllarını kapsayan dengesiz bir veri kullanarak insan hakları ve ekonomik büyümenin etkisini incelemeye çalışmaktadır. Çalışmanın hipotezi, insan hakları koruma skorundaki iyileşmenin bir ekonomideki ekonomik büyümeyi artırdığını iddia etmektedir. İlk olarak değişkenlerin durağan olup olmadığını görmek için panel birim kök testi uyguladım. Panel birim kök testlerine dayalı olarak değişkenlerin seviyelerde durağanlığı (yani I(0)) doğrulandıktan sonra, potansiyel sahte regresyon problemi korkusu olmadan ampirik tahminler yapılmıştır. Tahmin sonuçlarına göre, önceki beklentilere paralel olarak, tahmin edilen tüm modellerde insan haklarının korunması, fiziki sermaye yatırımı, eğitim yatırımı ve dışa açıklık değişkenlerinin ekonomik büyüme üzerinde pozitif istatistiksel olarak anlamlı etkisi tespit edilirken, enflasyon değişkeninin ekonomik büyüme üzerinde negatif istatistiksel olarak anlamlı etkisi tespit edilmiştir. Tahmin sonuçları, daha yüksek ekonomik büyümeye ulaşmaya çalışan ülkelerin, ekonomik büyümenin diğer belirleyicilerinin yanı sıra, insan haklarının korunmasına önem vermeleri ve insan haklarının korunmasını önceleyen politikalar uygulamaları gerektiğini göstermektedir.

Kaynakça

  • Abbott, A., & De Vita,G. (2011). Revisiting The Relationship Between Inflation and Growth: A Note on The Role of Exchange Rate Regimes. Economic Issues, 16(1), 37-52.
  • Ali U., Shan W., Wang J. J., Amin A. (2018). Outward Foreign Direct Investment and Economic Growth In China: Evidence From Asymmetric ARDL Approach. Journal of Business Economics and Management, 19(5), 706–721.
  • Atigala, P., Maduwanthi, T., Gunathilake, V., Sathsarani, S., & Jayathilaka, R. (2022). Driving The Pulse of The Economy or the Dilution Effect: Inflation İmpacting Economic Growth. Plos One, 17(8), 1-17.
  • An, H., Zou, Q., & Kargbo, M. (2021). Impact of Financial Development on Economic Growth: Evidence from Sub-Saharan Africa. Australian. Economic Papers, 60, 226–260.
  • Baharumshah, A. Z., Slesman, L., & Wohar, M. E. (2016). Inflation, İnflation Uncertainty, and Economic Growth in Emerging and Developing Countries: Panel Data Evidence. Economic Systems, 40(4), 638-657.
  • Bilas, V. (2020). FDI and Economic Growth in EU13 Countries: Cointegration and Causality Tests. Journal of Competitiveness, 12(3), 47–63.
  • Blume, L., & Voigt, S. (2007). The Economic Effects of Human Rights. Kyklos, 60(4), 509–538.
  • Cole, W. M. (2016). The Effects of Human Rights on Economic Growth, 1965 to 2010. Sociology of Development, 2(4), 375–412.
  • Cole, W. M. (2017). Too Much of A Good Thing? Economic Growth and Humanrights, 1960 to 2010. Social Science Research, 67, 72-90.
  • De la Cruz, J. (2020). Financial Development and Economic Growth: New Evidence. Economía, 43(85), 47-64
  • Desmintarl, Vidriza, U., Supriadi,Y.N., & Alias, M.N. ( 2023). The Effect of Trade, Foreign Direct Investment, Expenditure, and Inflation on Economic Growth: Evidence from Members of The G20. Quality - Access to Success, 24(194), 243-247.
  • Emini, E. (2021). The Impact of Economic Freedom on Growth Prospects of Southeast European Countrıes. Economic Vision - International Scientific Journal in Economics, Finance, Business, Marketing, Management & Tourism, 8(15/16), 51-59.
  • Eggoh, J.C., & Khan, M. (2014). On The Nonlinear Relationship Between İnflation and Economic Growth. Research in Economics, 68(2), 133-143.
  • Galodikwe, I. K., & Mah, G. (2023). Budget Deficit and Economic Growth in BRICS Countries: Panel Approach. African Journal of Business & Economic Research, 18(2), 295-317.
  • Gouider, A., Nouira, R., & Saafi, S. (2022). Re-Explorıng The Nexus Between Economıc Freedom and Growth: Is There A Threshold Effect?. Journal of Economic Development, 47(3), 147-167.
  • Guru, B.K., & Yadav, I.S. (2019). Financial Development and Economic Growth: Panel Evidence from BRICS. Journal of Economics, Finance & Administrative Science, 24(47), 113-126.
  • Herzer, D. (2012). How Does Foreign Direct Investment Really Affect Developing Countries Growth?. Review of International Economics, 20(2), 396–414.
  • Lau; W.Y., & Yip, T.M. (2019). The Nexus between Fiscal Deficits and Economic Growth in ASEAN. Journal of Southeast Asian Economies, 36(1), 25-36.
  • Li, X., & Liu X. (2005). Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship. World Development, 33(3), 393-407.
  • Nazari, M., Asadi, E., & Imanian, M. (2023). Uncertainty, budget deficit and economic growth in OPEC member countries. Energy Sources Part A: Recovery, Utilization & Environmental Effects, 45(2), 3519-3529.
  • Oroud,Y., Almahadin, H.A., Alkhazaleh,M., & Shneikat, B. (2023). Evidence From An Emerging Market Economy on The Dynamic Connection Between Financial Development and Economic Growth. Research in Globalization, 6, Article 100124., 1-5.
  • Piatek, D., Szarzec, K., & Pilc, M. (2013). Economic Freedom, Democracy and Economic Growth: A Causal İnvestigation in Transition Countries. Post-Communist Economies, 25(3), 267-288.
  • Quiroga, G.C., Alana, L.A.G., & Larrate A.M. (2022). The Impact of China's FDI on Economic Growth: Evidence from Africa with A Long Memory Approach. Emerging Markets Finance & Trade, 58(6), 1753-1770.
  • Sharma, S., & Sharma, S.K. (2019). Financial Development and Economic Growth in Selected Asian Economies: A Dynamic Panel ARDL Test. Contemporary Economics, 14(2) , 201-218.

Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries

Yıl 2023, Cilt: 12 Sayı: 24, 1 - 6, 29.12.2023
https://doi.org/10.55589/bsbd.1350809

Öz

This study attempts to examine the impact of human rights and economic growth by utilizing two measures of economic growth for developing countries and an unbalanced data spanning from 1961-2017. The hypothesis of the study asserts that improvement in human right protection score increases economic growth in an economy. Firstly I conducted panel unit root test to see if the variables are stationary. After verifying the stationarity of variables at levels (i.e., I(0)) based on panel unit root tests, empirical estimations were conducted without the fear of potential spurious regression problem. According to the estimation results, in parallel to prior expectations, positive statistically significant effect on economic growth was identified for the variables of human right protection, physical capital investment, education investment, openness whereas negative statistically significant effect on economic growth was identified for the variable of inflation in all models estimated. Estimation results indicate that countries trying to reach to higher economic growth, besides the other determinants of economic growth, must pay attention to human right protection and implement policies that prioritizing human right protection.

Kaynakça

  • Abbott, A., & De Vita,G. (2011). Revisiting The Relationship Between Inflation and Growth: A Note on The Role of Exchange Rate Regimes. Economic Issues, 16(1), 37-52.
  • Ali U., Shan W., Wang J. J., Amin A. (2018). Outward Foreign Direct Investment and Economic Growth In China: Evidence From Asymmetric ARDL Approach. Journal of Business Economics and Management, 19(5), 706–721.
  • Atigala, P., Maduwanthi, T., Gunathilake, V., Sathsarani, S., & Jayathilaka, R. (2022). Driving The Pulse of The Economy or the Dilution Effect: Inflation İmpacting Economic Growth. Plos One, 17(8), 1-17.
  • An, H., Zou, Q., & Kargbo, M. (2021). Impact of Financial Development on Economic Growth: Evidence from Sub-Saharan Africa. Australian. Economic Papers, 60, 226–260.
  • Baharumshah, A. Z., Slesman, L., & Wohar, M. E. (2016). Inflation, İnflation Uncertainty, and Economic Growth in Emerging and Developing Countries: Panel Data Evidence. Economic Systems, 40(4), 638-657.
  • Bilas, V. (2020). FDI and Economic Growth in EU13 Countries: Cointegration and Causality Tests. Journal of Competitiveness, 12(3), 47–63.
  • Blume, L., & Voigt, S. (2007). The Economic Effects of Human Rights. Kyklos, 60(4), 509–538.
  • Cole, W. M. (2016). The Effects of Human Rights on Economic Growth, 1965 to 2010. Sociology of Development, 2(4), 375–412.
  • Cole, W. M. (2017). Too Much of A Good Thing? Economic Growth and Humanrights, 1960 to 2010. Social Science Research, 67, 72-90.
  • De la Cruz, J. (2020). Financial Development and Economic Growth: New Evidence. Economía, 43(85), 47-64
  • Desmintarl, Vidriza, U., Supriadi,Y.N., & Alias, M.N. ( 2023). The Effect of Trade, Foreign Direct Investment, Expenditure, and Inflation on Economic Growth: Evidence from Members of The G20. Quality - Access to Success, 24(194), 243-247.
  • Emini, E. (2021). The Impact of Economic Freedom on Growth Prospects of Southeast European Countrıes. Economic Vision - International Scientific Journal in Economics, Finance, Business, Marketing, Management & Tourism, 8(15/16), 51-59.
  • Eggoh, J.C., & Khan, M. (2014). On The Nonlinear Relationship Between İnflation and Economic Growth. Research in Economics, 68(2), 133-143.
  • Galodikwe, I. K., & Mah, G. (2023). Budget Deficit and Economic Growth in BRICS Countries: Panel Approach. African Journal of Business & Economic Research, 18(2), 295-317.
  • Gouider, A., Nouira, R., & Saafi, S. (2022). Re-Explorıng The Nexus Between Economıc Freedom and Growth: Is There A Threshold Effect?. Journal of Economic Development, 47(3), 147-167.
  • Guru, B.K., & Yadav, I.S. (2019). Financial Development and Economic Growth: Panel Evidence from BRICS. Journal of Economics, Finance & Administrative Science, 24(47), 113-126.
  • Herzer, D. (2012). How Does Foreign Direct Investment Really Affect Developing Countries Growth?. Review of International Economics, 20(2), 396–414.
  • Lau; W.Y., & Yip, T.M. (2019). The Nexus between Fiscal Deficits and Economic Growth in ASEAN. Journal of Southeast Asian Economies, 36(1), 25-36.
  • Li, X., & Liu X. (2005). Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship. World Development, 33(3), 393-407.
  • Nazari, M., Asadi, E., & Imanian, M. (2023). Uncertainty, budget deficit and economic growth in OPEC member countries. Energy Sources Part A: Recovery, Utilization & Environmental Effects, 45(2), 3519-3529.
  • Oroud,Y., Almahadin, H.A., Alkhazaleh,M., & Shneikat, B. (2023). Evidence From An Emerging Market Economy on The Dynamic Connection Between Financial Development and Economic Growth. Research in Globalization, 6, Article 100124., 1-5.
  • Piatek, D., Szarzec, K., & Pilc, M. (2013). Economic Freedom, Democracy and Economic Growth: A Causal İnvestigation in Transition Countries. Post-Communist Economies, 25(3), 267-288.
  • Quiroga, G.C., Alana, L.A.G., & Larrate A.M. (2022). The Impact of China's FDI on Economic Growth: Evidence from Africa with A Long Memory Approach. Emerging Markets Finance & Trade, 58(6), 1753-1770.
  • Sharma, S., & Sharma, S.K. (2019). Financial Development and Economic Growth in Selected Asian Economies: A Dynamic Panel ARDL Test. Contemporary Economics, 14(2) , 201-218.
Toplam 24 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Panel Veri Analizi , Büyüme
Bölüm Araştırma Makalesi
Yazarlar

Jülide Yalçınkaya Koyuncu 0000-0001-7930-4901

Erken Görünüm Tarihi 31 Aralık 2023
Yayımlanma Tarihi 29 Aralık 2023
Kabul Tarihi 19 Eylül 2023
Yayımlandığı Sayı Yıl 2023 Cilt: 12 Sayı: 24

Kaynak Göster

APA Yalçınkaya Koyuncu, J. (2023). Does Human Rights Enhance Economic Growth?: Panel Evidence from Developing Countries. Balkan Sosyal Bilimler Dergisi, 12(24), 1-6. https://doi.org/10.55589/bsbd.1350809