| Article Information |
| Journal: |
Business and Economics Research Journal |
| Title of Article: |
An Analysis on The Relationship Between Political Stability and Economic Performance in BRICS-T Countries |
| Author(s): |
Ali Eren Alper |
| Volume: |
9 |
| Number: |
1 |
| Year: |
2018 |
| Page: |
49-56 |
| ISSN: |
1309-2448 |
| DOI Number: |
10.20409/berj.2017.88 |
|
| Abstract |
| In this study, the impact of political stability on economic growth in developing countries is examined using the annual data set of the period 1996-2016. In the study with panel data analysis method, political stability in developing countries is detected to assume a positive role in economic growth. Results Show that, %1 increase in political stability triggers economic growth by 1.27%. Furthermore, the economic growth of the model is found to be negatively related to the unemployment rate, inflation rate, and government expenditures; while positively related with trade openness according to the estimation findings. |
| Keywords: |
Political stability, economic growth, panel data analysis |
|
| JEL Classification: |
C23, P48, O40 |
|
