The Role of Governance on Economic Growth: A Case Study of Turkey 2002-2022

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Abstract

This study investigates the role of governance in economic growth: A case study of Turkey 2002-2022. The study model is multiple linear regression. The study model includes independent variables such as “voice, accountability, political stability, control of corruption, and government effectiveness”, with “economic growth” as the dependent variable. The research analyzes the data quantitatively using EViews 12 software. The multiple linear regression estimation results show a vital statistical significance between voice, accountability, political stability, and government effectiveness on economic growth in Turkey. There is no statistical significance between control of corruption and economic development. Voice and accountability are critical factors that affect state performance. However, these factors can also be negatively affected by other elements such as terrorism, taxation, spending, and infrastructure.

Original languageEnglish
Pages (from-to)401-409
Number of pages9
JournalInternational Journal of Sustainable Development and Planning
Volume20
Issue number1
DOIs
StatePublished - Jan 2025

Keywords

  • control of corruption
  • economic growth
  • governance
  • government effectiveness
  • OLS method
  • political stability
  • voice and accountability

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