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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Mehmet Akif Ersoy University
2021-03-01
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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 |