ECONOMIC DEVELOPMENT AND DEMOCRACY IN EMERGING ECONOMIES

The aim of this study is to investigate the effects of economic development on democracy with the data for the period 2001-2016 in 24 emerging market economies. This article develops a new methodology and analyzes the impact of openness, economic, social and financial development indicators on the l...

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Main Authors: Rabia Efeoğlu, Sabri Azgün
Format: Article
Language:English
Published: Mehmet Akif Ersoy University 2021-03-01
Series:Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
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Online Access:https://dergipark.org.tr/en/download/article-file/1299197
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author Rabia Efeoğlu
Sabri Azgün
author_facet Rabia Efeoğlu
Sabri Azgün
author_sort Rabia Efeoğlu
collection DOAJ
description The aim of this study is to investigate the effects of economic development on democracy with the data for the period 2001-2016 in 24 emerging market economies. This article develops a new methodology and analyzes the impact of openness, economic, social and financial development indicators on the level of democracy. We used the panel-ordered qualitative preference analysis method to estimate the relationship between democracy and economic development. We have concluded that economic development is more effective at higher levels of democracy and is higher likely to affect the higher level of democracy. We have shown that economic development raises the level of democracy.
format Article
id doaj-art-829879919abe4cfbad938723b6da1478
institution Kabale University
issn 2149-1658
language English
publishDate 2021-03-01
publisher Mehmet Akif Ersoy University
record_format Article
series Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
spelling doaj-art-829879919abe4cfbad938723b6da14782025-01-27T14:07:40ZengMehmet Akif Ersoy UniversityMehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi2149-16582021-03-018119721410.30798/makuiibf.797226273ECONOMIC DEVELOPMENT AND DEMOCRACY IN EMERGING ECONOMIESRabia Efeoğlu0https://orcid.org/0000-0003-2515-1553Sabri Azgün1https://orcid.org/0000-0002-3349-2158KASTAMONU ÜNİVERSİTESİATATÜRK ÜNİVERSİTESİThe aim of this study is to investigate the effects of economic development on democracy with the data for the period 2001-2016 in 24 emerging market economies. This article develops a new methodology and analyzes the impact of openness, economic, social and financial development indicators on the level of democracy. We used the panel-ordered qualitative preference analysis method to estimate the relationship between democracy and economic development. We have concluded that economic development is more effective at higher levels of democracy and is higher likely to affect the higher level of democracy. We have shown that economic development raises the level of democracy.https://dergipark.org.tr/en/download/article-file/1299197democracyeconomic developmentordered qualitative preference analysisdemokrasiekonomik kalkınmasıralı nitel tercih analizi
spellingShingle Rabia Efeoğlu
Sabri Azgün
ECONOMIC DEVELOPMENT AND DEMOCRACY IN EMERGING ECONOMIES
Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
democracy
economic development
ordered qualitative preference analysis
demokrasi
ekonomik kalkınma
sıralı nitel tercih analizi
title ECONOMIC DEVELOPMENT AND DEMOCRACY IN EMERGING ECONOMIES
title_full ECONOMIC DEVELOPMENT AND DEMOCRACY IN EMERGING ECONOMIES
title_fullStr ECONOMIC DEVELOPMENT AND DEMOCRACY IN EMERGING ECONOMIES
title_full_unstemmed ECONOMIC DEVELOPMENT AND DEMOCRACY IN EMERGING ECONOMIES
title_short ECONOMIC DEVELOPMENT AND DEMOCRACY IN EMERGING ECONOMIES
title_sort economic development and democracy in emerging economies
topic democracy
economic development
ordered qualitative preference analysis
demokrasi
ekonomik kalkınma
sıralı nitel tercih analizi
url https://dergipark.org.tr/en/download/article-file/1299197
work_keys_str_mv AT rabiaefeoglu economicdevelopmentanddemocracyinemergingeconomies
AT sabriazgun economicdevelopmentanddemocracyinemergingeconomies