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Y?netim ve Ekonomi 2012
An Analysis of Relation Between Economic Growth and Democratization: An Empiric Application (A Sample of Turkey) (Ekonomik Büyüme ve Demokratikle me Aras ndaki li kinin Analizi: Ampirik Bir Uygulama (Türkiye rne i)Keywords: Democratization , Economic Growth , Political Freedom , Co-integration , Demokratikle me , Ekonomik Büyüme , Politik zgürlük , E bütünle me Abstract: The aim of this study is to analyze the relation between democratization and economic growth in Turkey, using time series data from 1980 to 2006. In the scope of this aim, an econometric application was held by using co-integration analyses and causality test in which the civil rights and liberties, politic liberties, and growth of population are added the model as an independent variables, and Gross Domestic Production (GDP) as a dependent variable. Results show that there is a long run relationship between civil rights liberties, political liberties, population growth rate and GDP growth rate. It is also found out that there is a unidirectional causality from civil rights and political liberties to GDP growth rate.
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