THE EFFECT OF ECONOMIC FREEDOM ON ENTREPRENEURSHIP IN ISLAMIC COUNTRIES
The level of economic freedom which is expressed as institutions and policies based on market economy is one of the most significant indicators of entrepreneurial activities since the increase in economic freedom has caused a decrease in transaction costs preventing the entrepreneurial activity. The...
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Mehmet Akif Ersoy University
2020-12-01
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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/1331558 |
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| author | Gökhan Özkul |
| author_facet | Gökhan Özkul |
| author_sort | Gökhan Özkul |
| collection | DOAJ |
| description | The level of economic freedom which is expressed as institutions and policies based on market economy is one of the most significant indicators of entrepreneurial activities since the increase in economic freedom has caused a decrease in transaction costs preventing the entrepreneurial activity. The aim of this study is to analyze the effect of economic freedom on entrepreneurship in Islamic countries by using the data belonging to years between 1995 and 2019. In the study, self-employment rate has been used as entrepreneurial criterion; gross domestic product per capita, money supply, import and inflation have been used as the indicators of the entrepreneurship; economic freedom index presented by The Heritage Foundation and its 9 subcomponents out of 12 (property rights, government integrity, government spending, tax burden, business freedom, monetary freedom, trade freedom, investment freedom and financial freedom) have been used as the economic freedom criterion. According to the findings of this study, entrepreneurship has been affected positively by economic freedom and property rights, government integrity, government spending, monetary freedom, investment freedom and financial freedom and negatively by tax burden and trade freedom. |
| format | Article |
| id | doaj-art-ce0260409dda4da59b8eb5b4c928a28b |
| institution | Kabale University |
| issn | 2149-1658 |
| language | English |
| publishDate | 2020-12-01 |
| publisher | Mehmet Akif Ersoy University |
| record_format | Article |
| series | Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
| spelling | doaj-art-ce0260409dda4da59b8eb5b4c928a28b2025-01-27T14:09:14ZengMehmet Akif Ersoy UniversityMehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi2149-16582020-12-017Özel Sayı-Special Issue1046107410.30798/makuiibf.806610273THE EFFECT OF ECONOMIC FREEDOM ON ENTREPRENEURSHIP IN ISLAMIC COUNTRIESGökhan Özkul0https://orcid.org/0000-0001-7545-8292Süleyman Demirel ÜniversitesiThe level of economic freedom which is expressed as institutions and policies based on market economy is one of the most significant indicators of entrepreneurial activities since the increase in economic freedom has caused a decrease in transaction costs preventing the entrepreneurial activity. The aim of this study is to analyze the effect of economic freedom on entrepreneurship in Islamic countries by using the data belonging to years between 1995 and 2019. In the study, self-employment rate has been used as entrepreneurial criterion; gross domestic product per capita, money supply, import and inflation have been used as the indicators of the entrepreneurship; economic freedom index presented by The Heritage Foundation and its 9 subcomponents out of 12 (property rights, government integrity, government spending, tax burden, business freedom, monetary freedom, trade freedom, investment freedom and financial freedom) have been used as the economic freedom criterion. According to the findings of this study, entrepreneurship has been affected positively by economic freedom and property rights, government integrity, government spending, monetary freedom, investment freedom and financial freedom and negatively by tax burden and trade freedom.https://dergipark.org.tr/en/download/article-file/1331558ekonomik özgürlükgirişimcilikserbest meslek sahipliğii̇slam ülkeleripanel veri analizieconomic freedomentrepreneurshipself-employmentislamic countriespanel data analysis |
| spellingShingle | Gökhan Özkul THE EFFECT OF ECONOMIC FREEDOM ON ENTREPRENEURSHIP IN ISLAMIC COUNTRIES Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi ekonomik özgürlük girişimcilik serbest meslek sahipliği i̇slam ülkeleri panel veri analizi economic freedom entrepreneurship self-employment islamic countries panel data analysis |
| title | THE EFFECT OF ECONOMIC FREEDOM ON ENTREPRENEURSHIP IN ISLAMIC COUNTRIES |
| title_full | THE EFFECT OF ECONOMIC FREEDOM ON ENTREPRENEURSHIP IN ISLAMIC COUNTRIES |
| title_fullStr | THE EFFECT OF ECONOMIC FREEDOM ON ENTREPRENEURSHIP IN ISLAMIC COUNTRIES |
| title_full_unstemmed | THE EFFECT OF ECONOMIC FREEDOM ON ENTREPRENEURSHIP IN ISLAMIC COUNTRIES |
| title_short | THE EFFECT OF ECONOMIC FREEDOM ON ENTREPRENEURSHIP IN ISLAMIC COUNTRIES |
| title_sort | effect of economic freedom on entrepreneurship in islamic countries |
| topic | ekonomik özgürlük girişimcilik serbest meslek sahipliği i̇slam ülkeleri panel veri analizi economic freedom entrepreneurship self-employment islamic countries panel data analysis |
| url | https://dergipark.org.tr/en/download/article-file/1331558 |
| work_keys_str_mv | AT gokhanozkul theeffectofeconomicfreedomonentrepreneurshipinislamiccountries AT gokhanozkul effectofeconomicfreedomonentrepreneurshipinislamiccountries |