MERKEZ-ÇEVRE İLİŞKİLERİNDE GELİŞMİŞLİK DÜZEYİ AÇISINDAN ÜLKELER ARASI KURUMSAL KALİTE FARKLILIKLARININ DEĞERLENDİRİLMESİ

Kurumsal iktisat yaklaşımı, kurumların sosyal ve ekonomik yaşamı kapsamlı bir şekilde ele alarak toplumsal refahı artırmada önemli bir faktör olduğunu ortaya koymaktadır. Aynı zamanda kurumsal iktisat yaklaşımı kalkınma literatüründe tartışılan sorunlara benzer bir düzlemde ilerlemektedir. Bu çalışmanın amacı, kurumsal kalite farklılıklarına göre merkez, yarı çevre ve çevre ülkelerdeki ülkeler arası gelişmişlik farklılıklarını değerlendirmektir. Çalışmada, analizin ilk bölümünde 1990-2017 yılları arasındaki veriler kullanılarak merkez (üst ve alt), yarı çevre (üst, orta ve alt) ve çevre (üst, orta ve alt) ülke grupları kulüp yakınsama yöntemi ile belirlenmiştir. Analizin ikinci bölümünde, sekiz ülke grubu için ülkeler arası gelişmişlik farklılıklarını açıklayan kurumsal yaklaşım test edilmiştir. Elde edilen bulgular sonucunda merkez, yarı çevre ve çevre ülkelerin tüm alt gruplarında ekonomik özgürlüğün kalkınma üzerindeki etkisi ortaya konmuştur. Ayrıca demokrasinin kalkınma üzerindeki etkisi merkez ve yarı çevre ülke gruplarında artan bir etkiye sahipken, çevre ülkelerdeki sonuçlar istatistiksel olarak anlamsızdır.

Anahtar Kelimeler:

Kurumsal Kalite, Kulüp Yakınsama Metodu, Merkez-Çevre, Eşbütünleşme Analizi.

EVALUATION OF INTER-COUNTRY INSTITUTIONAL QUALITY DIFFERENCES IN TERMS OF DEVELOPMENT IN COREPERIPHERY RELATIONS

Institutional economics approach reveals that institutions are essential in increasing social welfare by comprehensively addressing social and economic life. At the same time, institutional economics approach proceeds similarly to the problems discussed in the development literature. This study evaluates the developmental differences between countries in core, semi-periphery and periphery countries according to institutional quality differences. In the first part of the analysis, the core (upper and lower), semi-periphery (upper, middle and lower) and periphery (upper, middle, and lower) country groups were determined by the club convergence method using the data between 1990 and 2017. The second part of the analysis tests the institutional approach that explains the development differences between countries for eight country groups. Findings have revealed the effect of economic freedom on development in all subgroups of core, semi-periphery, and peripheral countries. In addition, while the effect of democracy on development has an increasing effect in core and semi-periphery country groups, the results in peripheral countries are found statistically insignificant.

Keywords:

Institutional Quality, Club Convergence Method, Core-Periphery, Co-integration Analysis.,

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