Determinants of Economic Growth for EU - 27 Countries and Turkey: An Implem e ntation with Static Panel Model
The aim of this study is to figure out the determinants that explain the economic growth for EU27 countries and Turkey for the years 2000-2011. The database consists of GDP, population, total local credits to GDP, private sector credits to GDP, foreign trade to GDP, consumer inflation and total...
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doaj-732ae42cdae048589cd074c5478c456b2020-11-25T00:51:52ZengIsarderİşletme Araştırmaları Dergisi1309-07122014-03-0161151162Determinants of Economic Growth for EU - 27 Countries and Turkey: An Implem e ntation with Static Panel ModelAynur Pala0Dilek Teker1Okan UniversityIşık UniversityThe aim of this study is to figure out the determinants that explain the economic growth for EU27 countries and Turkey for the years 2000-2011. The database consists of GDP, population, total local credits to GDP, private sector credits to GDP, foreign trade to GDP, consumer inflation and total savings to GNI. Initially, unit root tests such as LLC and Hadri are implemented. Then, Breusch-Pagan LM, Breusch-Pagan/Cook-Weisberg LM and White tests are run for heterogeneity and Wooldridge (2000) test for autocorrelation. Static panel regression have been used to analysis. As a result of the analysis, economic growth has been explained by human capital, credits providing by banking sector, inflation, financial development and savings. http://isarder.org/isardercom/2014vol6issue1/vol.6_issue.1_article010.full.text.pdfHuman capitalinflationfinancial developmentopennesssavingeconomic growthpanel regression |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Aynur Pala Dilek Teker |
spellingShingle |
Aynur Pala Dilek Teker Determinants of Economic Growth for EU - 27 Countries and Turkey: An Implem e ntation with Static Panel Model İşletme Araştırmaları Dergisi Human capital inflation financial development openness saving economic growth panel regression |
author_facet |
Aynur Pala Dilek Teker |
author_sort |
Aynur Pala |
title |
Determinants of Economic Growth for EU - 27 Countries and Turkey: An Implem e ntation with Static Panel Model |
title_short |
Determinants of Economic Growth for EU - 27 Countries and Turkey: An Implem e ntation with Static Panel Model |
title_full |
Determinants of Economic Growth for EU - 27 Countries and Turkey: An Implem e ntation with Static Panel Model |
title_fullStr |
Determinants of Economic Growth for EU - 27 Countries and Turkey: An Implem e ntation with Static Panel Model |
title_full_unstemmed |
Determinants of Economic Growth for EU - 27 Countries and Turkey: An Implem e ntation with Static Panel Model |
title_sort |
determinants of economic growth for eu - 27 countries and turkey: an implem e ntation with static panel model |
publisher |
Isarder |
series |
İşletme Araştırmaları Dergisi |
issn |
1309-0712 |
publishDate |
2014-03-01 |
description |
The aim of this study is to figure out the determinants that explain the economic growth for EU27 countries and Turkey for the years 2000-2011.
The database consists of GDP, population, total local credits to GDP,
private sector credits to GDP, foreign trade to GDP, consumer inflation and total savings to GNI. Initially, unit root tests such as LLC and Hadri are implemented. Then, Breusch-Pagan LM, Breusch-Pagan/Cook-Weisberg LM and White tests are run for heterogeneity and Wooldridge (2000) test for
autocorrelation. Static panel regression have been used to analysis. As a result of the analysis, economic growth has been explained by human capital,
credits providing by banking sector, inflation, financial development and savings. |
topic |
Human capital inflation financial development openness saving economic growth panel regression |
url |
http://isarder.org/isardercom/2014vol6issue1/vol.6_issue.1_article010.full.text.pdf |
work_keys_str_mv |
AT aynurpala determinantsofeconomicgrowthforeu27countriesandturkeyanimplementationwithstaticpanelmodel AT dilekteker determinantsofeconomicgrowthforeu27countriesandturkeyanimplementationwithstaticpanelmodel |
_version_ |
1725243527480213504 |