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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Main Author: Murat Tekbaş
Format: Article
Language:English
Published: Gaziantep University 2021-01-01
Series:Gaziantep University Journal of Social Sciences
Subjects:
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.
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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
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