The Regional Dynamics of Economic Growth: Evidence from GMM Estimation in Turkey
Küçük Resim Yok
Tarih
2019
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Kasersart Univ, Fac Economics
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Recently, a growing body of research has dealt with the causes of growth differences in the context of regional economies. It can be argued that such differences mostly arise from a variety of economic and structural determinants pertain to regional characteristics. This study investigates the effects of potential determinants of regional economic growth in Turkey. In this respect, we examine the impact of human capital, R&D, exports, public investments, inflation and unemployment on per capita regional income across the 26 NUTS 2 regions 2008-2014 period. The results of the difference and the system GMM estimations show that human capital and R&D are essential for economic growth at a regional level. According to the results, exports, public investments, and inflation are also important determinants of regional economic growth. However, empirical results indicate an inverse relationship between regional growth and unemployment.
Açıklama
Anahtar Kelimeler
Regional Economic Growth, Human Capital, R&D, Public Investments, Gmm, Turkey
Kaynak
Applied Economics Journal
WoS Q Değeri
Scopus Q Değeri
Cilt
26
Sayı
1
