The Impact Of Economic, Social And Political Globalization On Economic Growth: Evidence From BRICS-T Countries*
The main purpose of this study is to analyse the long-term relationship between economic growth and economic, social and political globalization in BRICS-T countries using panel data analysis methods for the period covering 1990-2014. According to the empirical results of the model established based...
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Format: | Article |
Language: | English |
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Gaziantep University
2021-01-01
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Series: | Gaziantep University Journal of Social Sciences |
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Online Access: | https://dergipark.org.tr/tr/pub/jss/issue/60155/796472 |
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author | Murat Tekbaş |
author_facet | Murat Tekbaş |
author_sort | Murat Tekbaş |
collection | DOAJ |
description | The main purpose of this study is to analyse the long-term relationship between economic growth and economic, social and political globalization in BRICS-T countries using panel data analysis methods for the period covering 1990-2014. According to the empirical results of the model established based on the Cobb-Douglas production function, it is seen that economic, social, political globalization and capital accumulation have a positive effect on economic growth. Dumitrescu-Hurlin Panel Granger Causality test results show that there is a two-way causality relationship between capital accumulation and political globalization and economic growth. It has also been found that one-way causality relationship towards economic growth from economic and social globalization. |
first_indexed | 2024-04-10T12:50:08Z |
format | Article |
id | doaj.art-01666d25b8fe48988519bd16df2c2dee |
institution | Directory Open Access Journal |
issn | 1303-0094 2149-5459 |
language | English |
last_indexed | 2024-04-10T12:50:08Z |
publishDate | 2021-01-01 |
publisher | Gaziantep University |
record_format | Article |
series | Gaziantep University Journal of Social Sciences |
spelling | doaj.art-01666d25b8fe48988519bd16df2c2dee2023-02-15T16:13:49ZengGaziantep UniversityGaziantep University Journal of Social Sciences1303-00942149-54592021-01-01201577110.21547/jss.796472136The Impact Of Economic, Social And Political Globalization On Economic Growth: Evidence From BRICS-T Countries*Murat Tekbaş0Afyon Kocatepe Afyon Kocatepe Üniversitesi Bayat Meslek YüksekokuluThe main purpose of this study is to analyse the long-term relationship between economic growth and economic, social and political globalization in BRICS-T countries using panel data analysis methods for the period covering 1990-2014. According to the empirical results of the model established based on the Cobb-Douglas production function, it is seen that economic, social, political globalization and capital accumulation have a positive effect on economic growth. Dumitrescu-Hurlin Panel Granger Causality test results show that there is a two-way causality relationship between capital accumulation and political globalization and economic growth. It has also been found that one-way causality relationship towards economic growth from economic and social globalization.https://dergipark.org.tr/tr/pub/jss/issue/60155/796472economic globalizationsocial and political globalizationeconomic growth |
spellingShingle | Murat Tekbaş The Impact Of Economic, Social And Political Globalization On Economic Growth: Evidence From BRICS-T Countries* Gaziantep University Journal of Social Sciences economic globalization social and political globalization economic growth |
title | The Impact Of Economic, Social And Political Globalization On Economic Growth: Evidence From BRICS-T Countries* |
title_full | The Impact Of Economic, Social And Political Globalization On Economic Growth: Evidence From BRICS-T Countries* |
title_fullStr | The Impact Of Economic, Social And Political Globalization On Economic Growth: Evidence From BRICS-T Countries* |
title_full_unstemmed | The Impact Of Economic, Social And Political Globalization On Economic Growth: Evidence From BRICS-T Countries* |
title_short | The Impact Of Economic, Social And Political Globalization On Economic Growth: Evidence From BRICS-T Countries* |
title_sort | impact of economic social and political globalization on economic growth evidence from brics t countries |
topic | economic globalization social and political globalization economic growth |
url | https://dergipark.org.tr/tr/pub/jss/issue/60155/796472 |
work_keys_str_mv | AT murattekbas theimpactofeconomicsocialandpoliticalglobalizationoneconomicgrowthevidencefrombricstcountries AT murattekbas impactofeconomicsocialandpoliticalglobalizationoneconomicgrowthevidencefrombricstcountries |