Araştırma Makalesi
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The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey

Yıl 2017, Cilt: 25 Sayı: 33, 175 - 194, 30.07.2017
https://doi.org/10.17233/sosyoekonomi.285901

Öz

The impact of the trust factor on economy has been a longstanding debate in the economic literature. Recently, investigating the impact of social capital, which represents trust, on economic growth has become an attractive research area. In this context, the study examines the relationship between social capital indicators and economic growth over the period 2006-2014 using quarterly data. We use Principal Components Analysis method to calculte the social capital index. In the next phase, the effect of social capital index, labour force participation rate and fixed capital on economic growth is investigated by using Maki (2012) cointegration test with structural breaks and Stock-Watson (1993) DOLS estimation methods. Analysis results show that social capital has a positive impact on economic growth.

Kaynakça

  • Aguilera, J.C. (2016), “Social Capital and Economic Growth” LUND University, School of Economics and Management, http://lup.lub.lu.se/luur/download?func=downloadFile&recordOId=8618986&fileOId=8618987
  • Akçay, S. (2005), “Sosyal Sermaye ve Kalkınma”, M. Kar, S. Taban (ed), İktisadi Kalkınmada Sosyal, Kültürel ve Siyasal Faktörlerin Rolü”, Ekin Kitabevi, Bursa, 199-220.
  • Akçomak, I. S., & Ter Weel, B. (2009), “Social capital, innovation and growth: Evidence from Europe”, European Economic Review, 53(5), 544-567.
  • Almond, G.A. & Sidney, V. (1963), “The Civic Culture: Political Attitudes and Democracy in Five Nations”, Newbury Park, Calif.: Sage.
  • Annen, K. (2003), “Social Capital, Inclusive Networks and Economic Performance”, Journal of Economic Behavior & Organization, 50(4), 449-463.
  • Baker, W. E. (1990), “Market Networks and Corporate Behavior”, American Journal of Sociology, 589-625.
  • Baliamoune-Lutz, M. (2005), “Institutions, Social Capital, and Economic Development in Africa: An Empirical Study” International Centre for Economic Research Working Paper Series, (18), 2007-05.
  • Berggren, N., Elinder, M., & Jordahl, H. (2008), “Trust And Growth: A Shaky Relationship”. Empirical Economics, 35(2), 251-274.
  • Beugelsdijk, S., & Van Schaik, T. (2005), “Social Capital and Growth in European Regions: An Empirical Test”, European Journal of Political Economy, 21(2), 301-324.
  • Bjørnskov, C. (2003), “The Happy Few: Cross–Country Evidence on Social Capital and Life Satisfaction”, Kyklos, 56(1), 3-16.
  • Casey, T. (2004), “Social Capital and Regional Economies in Britain”, Political Studies, 52(1), 96-117.
  • Casey, T., & Christ, K. (2005), “Social Capital and Economic Performance in the American States”, Social Science Quarterly, 86(4), 826-845.
  • Coleman, J. S. (1988), "Social Capital in the Creation of Human Capital" American Journal of Sociology, 94, 95-120.
  • Coleman, J. S. (1990), “Foundations of Social Theory”, Cambridge: Harvard University Press.
  • Çalışkan, D. (2010), “Yenilikçi Oluşumlarda Sosyal Sermayenin Rolü Ve Burdur İli Üzerine Bir Araştırma”, Doktora Tezi, SDÜ Sosyal Bilimleri Enstitüsü.
  • Dasgupta, P., & Serageldin, I. (2001), “Social capital: a multifaceted perspective”, World Bank Publications.
  • Dickey, D. A. & Wayne A. F. (1981), "Likelihood Ratio Statistics For Autoregressive Time Series With A Unit Root" Econometrica: Journal of the Econometric Society, 1057-1072.
  • Dincer, O. C. & Uslaner, E. M. (2010), “Trust and growth”, Public Choice, 142(1-2), 59-67.
  • Dinda, S. (2008), “Social Capital in the Creation of Human Capital and Economic Growth: A Productive Consumption Approach”, The Journal of Socio-Economics, 37(5), 2020-2033.
  • Easterly, W. & Ross, L. (1997), “Africa’s Growth Tragedy: Policies and Ethnic Divisions”, Quarterly Journal of Economics, 112(4), 1203–50.
  • Ekşi, H. (2009), “Sosyal Sermaye –Önemi, Üretimi Ve Ölçümü Üzerine Bir Alan Araştırması”, T.C. Selçuk Üniversitesi, Sosyal Bilimler Enstitüsü. İşletme Anabilim Dalı, Yayınlanmamış Doktora Tezi, Konya. Engle, R. F. & Clive W.J.G. (1987), "Co-integration and Error Correction: Representation, Estimation, and Testing" Econometrica: Journal of the Econometric Society, 251-276.
  • Feki, C. & Chtourou, N. (2014), “Social Capital and Economic Growth: Empirical Analysis of Panel Data, International Journal of Innovation and Scientific Research, 2(1), 164-176.
  • Fukuyama, F. (1995a), “Trust: The Social Virtues and the Creation of Prosperity”, The Free Press, New York.
  • Fukuyama, F. (1995b) “Social Capital and The Global Economy”, Foreign Affairs, 74, 89– 103.
  • Fukuyama, F. (1999), “The Great Disruption. London”, Profile Books.
  • Fukuyama, F. (2002), "Social Capital and Development: The Coming Agenda", SAIS Review 22, 23-37.
  • Glaeser, E. L., Laibson, D. I., Scheinkman, J. A., & Soutter, C. L. (2000), “Measuring Trust”, Quarterly Journal of Economics, 811-846.
  • Granger, C. W. & Newbold, P. (1974), “Spurious Regressions in Econometrics”, Journal of Econometrics, 2(2), 111-120.
  • Grootaert, C., Narayan, D., Jones, V. N., & Woolcock, M. (2004), “Measuring Social- An Integrated Questionnaire,”, World Bank Publications, 1-53.
  • Hanifan, L.J. (1916), "The Rural School Community Center", Annals of The American Academy of Political And Social Science, 67, 130-138.
  • Healy, T., & Côté, S. (2001), “The Well-Being of Nations: The Role of Human and Social Capital. Education and Skills”, Organisation for Economic Cooperation and Development.
  • Helliwell, J. & Putnam, R. (1995), “Economic Growth and Social Capital in Italy”, Eastern Economic Journal, 21(3), 295–307.
  • Helliwell, J. F. (1996), “Economic Growth and Social Capital in Asia”, National Bureau of Economic Research, No. w5470.
  • Hjerppe, R. (1998), “Social Capital and Economic Growth- Government Institute for Economic Research.Measurement of Social Capital and Growth: An Economic Methodology”, Fundación BBVA, 2006.
  • Iyer, S., Kitson, M., & Toh, B. (2005), “Social Capital, Economic Growth and Regional Development”, Regional Studies, 39(8), 1015-1040.
  • Johansen, S. (1988), "Statistical Analysis of Cointegration Vectors", Journal of Economic Dynamics and Control, 12(2), 231-254.
  • Johansen, S. & Juselius, K. (1990), "Maximum Likelihood Estimation and Inference on Cointegration with Applications to the Demand For Money", Oxford Bulletin of Economics and Statistics, 52(2), 169-210.
  • Karagül, M. & Akçay, S. (2002), “Ekonomik Büyüme Ve Sosyal Sermaye: Ampirik Bir Kanıt”, İktisat İşletme ve Finans, 17(198), 82-90.
  • Knack, S. & Keefer, P. (1995), “Institutions and Economic Performance: Cross-Country Tests Using Alternative Institutional Measures,” Economics and Politics, 7, 207–227.
  • Knack, S., & Keefer, P. (1997), “Does social capital have an economic payoff? A cross-country investigation”, The Quarterly Journal of Economics, 1251-1288.
  • Knack, S. (1999), "Social Capital, Growth, and Poverty: A Survey of Cross-Country Evidence", Social Capital Initiative Working Paper 7. World Bank, Social Development Department, Washington, D.C. Processed.
  • Knack, S. (2002), “Social Capital, Growth and Poverty: A Survey Of Cross-Country Evidence”, The Role Of Social Capital in Development: An Empirical Assessment, 42-82.
  • Knorringa, P. & Van Staveren, I. (2006), “Social Capital For Industrial Development: Operationalizing The Concept”, ISS Staff Group 3: Human Resources and Local Development. UNIDO - United Nations Industrial Development Organization
  • Kormendi, R.C. & Meguire, F.G. (1985), “Macroeconomic Determinants of Growth”, Journal of Monetary Economics, 16(1), 141–63.
  • Krishna, A., & Uphoff, N. (2002), “Mapping and Measuring Social Capital Through Assessment of Collective Action to Conserve and Develop Watersheds in Rajasthan, India”, The Role Of Social Capital in Development: An Empirical Assessment, 85-124.
  • La Porta, R., Lopez-de-Silanes, F., Shleifer, A. & Vishny, R. W. (1997), “Trust in Large Organisations”, American Economic Review Papers and Proceedings”, 87(2), 333-338.
  • Maki, D. (2012), "Tests for Cointegration Allowing for an Unknown Number of Breaks" Economic Modelling, 29(5), 2011-2015.
  • Mauro, P. (1995), “Corruption and Growth”, Quarterly Journal of Economics, 110(3), 681–712.
  • Neira, I., Vázquez, E. & Portela, M. (2009), “An Empirical Analysis of Social Capital and Economic Growth in Europe (1980–2000)”, Social Indicators Research, 92(1), 111-129.
  • Neira, I., Portela, M. & Vieira, E. (2010), “Social Capital and Growth in European Regions”, Regional and Sectoral Economic Studies, 10(2), 19-28.
  • Özcan, B. (2011), “Sosyal Sermaye ve Ekonomik Kalkınma”, Yayınlanmamış Doktora Tezi, İstanbul Üniversitesi Sosyal Bilimler Enstitüsü, İstanbul.
  • Paldam, M. & Svendsen, G.T. (2000), “An Essay on Social Capital: Looking For Fire Behind The Smoke”, European Journal of Political Economy, 16, 339–366.
  • Ponzetto, G. A. & Troiano, U. (2014), “Social Capital, Government Expenditures, and Growth”, 1-52, Available at SSRN: https://ssrn.com/abstract=2142548
  • Parts, E. (2003), "Interrelationships Between Human Capital and Social Capital: Implications For Economic Development in Transition Economies." University of Tartu Economics and Business Working Paper, 2003-24.
  • Pérez, F., Fernandez de Guevara, J., Serrano, L., & Montesinos, V. (2006), “Measurement of Social Capital and Growth: An Economic Methodology”, Fundacion BBWA, 1-57.
  • Pesaran, M. H., Shin, Y. & Smith, R. J. (2001), “Bounds Testing Approaches to the Analysis of Level Relationships”, Journal of Applied Econometrics, 16(3), 289-326.
  • Pfister, L. (2010), “The Effect of Social Trust on Economic Growth”, Aarhus School of Business, Aarhus University, Master of Science in International Economic Consulting, 1-63.
  • Phillips, P. C. & Perron, P. (1988), “Testing for a unit root in time series regression”, Biometrika, 75(2), 335-346.
  • Portes, A., & Sensenbrenner, J. (1993), “Embeddedness and Immigration: Notes on the Social Determinants of Economic Action”, American Journal of Sociology, 1320-1350.
  • Putnam, R., Leonardi, R. & Nanetti, R.Y. (1993), “Making Democracy Work”, Princeton University Press, Princeton, NJ.
  • Putnam, R. D. (2001), "Social Capital, Measurement and Consequences", Canadian Journal of Policy Research, 2, 41-51.
  • Raiser, M., Haerpfer, C., Nowotny, T., & Wallace, C. (2002), “Social Capital in Transition: A First Look at the Evidence”, Sociologický Casopis/Czech Sociological Review, 693-720.
  • Roth, F. (2006), “Trust and Economic Growth: Conflicting Results Between Cross-Sectional and Panel Analysis”, The Ratio Institute, (No. 102).
  • Routledge, B. R., & Von Amsberg, J. (2003), “Social Capital and Growth”, Journal of Monetary Economics, 50(1), 167-193.
  • Rupasingha, A., Goetz, S. J. & Freshwater, D. (2006), “The Production of Social Capital in US Counties”, The Journal of Socio-economics, 35(1), 83-101.
  • Sabatini, F. (2006), “The Empirics of Social Capital and Economic Development: A Critical Perspective”, Social Science Research Network Electronic Paper Collection: http://ssrn.com/abstract=879712
  • Sakai, S. (2012), “Social Capital and Regional Economy: Empirical Analysis Using Individual Data from Questionnaire Survey”, Public Policy Review, 8(5), 705-736.
  • Salahuddin, M., Tisdell, C., Burton, L. & Alam, K. (2015), “Social Capital Formation, Internet Usage and Economic Growth in Australia: Evidence From Time Series Data”, International Journal of Economics and Financial Issues, 5(4), 942-953.
  • Sciarrone, R. (2002), "The Dark Side of Social Capital: The Case of Mafia" Workshop on Social Capital and Civic Involvement, Cornell University.
  • Stock, J.H. & Watson, M.W. (1993), "A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems", Econometrica: Journal of the Econometric Society, 783-820.
  • Temple, J. & Johnson, P. A. (1998), “Social Capability and Economic Growth”, Quarterly Journal of Economics, 965-990.
  • Whiteley, P. F. (2000), “Economic growth and social capital”, Political Studies, 48(3), 443-466.
  • World Bank (1997), “World Development Report: The State in a Changing World”, New York: Oxford University Press.
  • Woolcock, M. & Narayan, D. (2000), "Social Capital: Implications for Development Theory, Research, and Policy", The World Bank Research Observer, 15, 225-249.
  • Zak, P. J. & Knack, S. (2001), “Trust and Growth”, The Economic Journal, 111(470), 295-321.

Sosyal Sermayenin Ekonomik Büyüme Üzerindeki Potansiyel Etkisi: Türkiye İçin Yapısal Kırılmalı Eşbütünleşme Analizi

Yıl 2017, Cilt: 25 Sayı: 33, 175 - 194, 30.07.2017
https://doi.org/10.17233/sosyoekonomi.285901

Öz

Ekonomi doktrininde güven faktörünün ekonomiler üzerindeki etkisi uzun yıllardır süregelen bir tartışmadır. Son yıllarda ise güveni temsil eden sosyal sermayenin ekonomik büyüme üzerindeki etkisi literatürde ilgi gören bir araştırma alanı haline gelmiştir. Bu kapsamda, çalışmada Türkiye Ekonomisi için sosyal sermaye göstergeleri ve ekonomik büyüme ilişkisi 2006-2014 çeyrek dönemlik veriler ile incelenmiştir. Analiz için öncelikle Temel Bileşenler Analiz (TBA) yöntemi ile sosyal sermaye endeksi hesaplanmıştır. Sonraki aşamada sosyal sermaye endeks, işgücüne katılım oranı ve sabit sermayenin ekonomik büyüme üzerindeki etkisi Maki (2012) yapısal kırılmalı eşbütünleşme testi ve Stock-Watson (1993) DOLS tahmin yöntemi ile incelenmiştir. Analiz sonuçları sosyal sermayenin ekonomik büyüme üzerinde pozitif bir katkısı olduğunu işaret etmektedir.

Kaynakça

  • Aguilera, J.C. (2016), “Social Capital and Economic Growth” LUND University, School of Economics and Management, http://lup.lub.lu.se/luur/download?func=downloadFile&recordOId=8618986&fileOId=8618987
  • Akçay, S. (2005), “Sosyal Sermaye ve Kalkınma”, M. Kar, S. Taban (ed), İktisadi Kalkınmada Sosyal, Kültürel ve Siyasal Faktörlerin Rolü”, Ekin Kitabevi, Bursa, 199-220.
  • Akçomak, I. S., & Ter Weel, B. (2009), “Social capital, innovation and growth: Evidence from Europe”, European Economic Review, 53(5), 544-567.
  • Almond, G.A. & Sidney, V. (1963), “The Civic Culture: Political Attitudes and Democracy in Five Nations”, Newbury Park, Calif.: Sage.
  • Annen, K. (2003), “Social Capital, Inclusive Networks and Economic Performance”, Journal of Economic Behavior & Organization, 50(4), 449-463.
  • Baker, W. E. (1990), “Market Networks and Corporate Behavior”, American Journal of Sociology, 589-625.
  • Baliamoune-Lutz, M. (2005), “Institutions, Social Capital, and Economic Development in Africa: An Empirical Study” International Centre for Economic Research Working Paper Series, (18), 2007-05.
  • Berggren, N., Elinder, M., & Jordahl, H. (2008), “Trust And Growth: A Shaky Relationship”. Empirical Economics, 35(2), 251-274.
  • Beugelsdijk, S., & Van Schaik, T. (2005), “Social Capital and Growth in European Regions: An Empirical Test”, European Journal of Political Economy, 21(2), 301-324.
  • Bjørnskov, C. (2003), “The Happy Few: Cross–Country Evidence on Social Capital and Life Satisfaction”, Kyklos, 56(1), 3-16.
  • Casey, T. (2004), “Social Capital and Regional Economies in Britain”, Political Studies, 52(1), 96-117.
  • Casey, T., & Christ, K. (2005), “Social Capital and Economic Performance in the American States”, Social Science Quarterly, 86(4), 826-845.
  • Coleman, J. S. (1988), "Social Capital in the Creation of Human Capital" American Journal of Sociology, 94, 95-120.
  • Coleman, J. S. (1990), “Foundations of Social Theory”, Cambridge: Harvard University Press.
  • Çalışkan, D. (2010), “Yenilikçi Oluşumlarda Sosyal Sermayenin Rolü Ve Burdur İli Üzerine Bir Araştırma”, Doktora Tezi, SDÜ Sosyal Bilimleri Enstitüsü.
  • Dasgupta, P., & Serageldin, I. (2001), “Social capital: a multifaceted perspective”, World Bank Publications.
  • Dickey, D. A. & Wayne A. F. (1981), "Likelihood Ratio Statistics For Autoregressive Time Series With A Unit Root" Econometrica: Journal of the Econometric Society, 1057-1072.
  • Dincer, O. C. & Uslaner, E. M. (2010), “Trust and growth”, Public Choice, 142(1-2), 59-67.
  • Dinda, S. (2008), “Social Capital in the Creation of Human Capital and Economic Growth: A Productive Consumption Approach”, The Journal of Socio-Economics, 37(5), 2020-2033.
  • Easterly, W. & Ross, L. (1997), “Africa’s Growth Tragedy: Policies and Ethnic Divisions”, Quarterly Journal of Economics, 112(4), 1203–50.
  • Ekşi, H. (2009), “Sosyal Sermaye –Önemi, Üretimi Ve Ölçümü Üzerine Bir Alan Araştırması”, T.C. Selçuk Üniversitesi, Sosyal Bilimler Enstitüsü. İşletme Anabilim Dalı, Yayınlanmamış Doktora Tezi, Konya. Engle, R. F. & Clive W.J.G. (1987), "Co-integration and Error Correction: Representation, Estimation, and Testing" Econometrica: Journal of the Econometric Society, 251-276.
  • Feki, C. & Chtourou, N. (2014), “Social Capital and Economic Growth: Empirical Analysis of Panel Data, International Journal of Innovation and Scientific Research, 2(1), 164-176.
  • Fukuyama, F. (1995a), “Trust: The Social Virtues and the Creation of Prosperity”, The Free Press, New York.
  • Fukuyama, F. (1995b) “Social Capital and The Global Economy”, Foreign Affairs, 74, 89– 103.
  • Fukuyama, F. (1999), “The Great Disruption. London”, Profile Books.
  • Fukuyama, F. (2002), "Social Capital and Development: The Coming Agenda", SAIS Review 22, 23-37.
  • Glaeser, E. L., Laibson, D. I., Scheinkman, J. A., & Soutter, C. L. (2000), “Measuring Trust”, Quarterly Journal of Economics, 811-846.
  • Granger, C. W. & Newbold, P. (1974), “Spurious Regressions in Econometrics”, Journal of Econometrics, 2(2), 111-120.
  • Grootaert, C., Narayan, D., Jones, V. N., & Woolcock, M. (2004), “Measuring Social- An Integrated Questionnaire,”, World Bank Publications, 1-53.
  • Hanifan, L.J. (1916), "The Rural School Community Center", Annals of The American Academy of Political And Social Science, 67, 130-138.
  • Healy, T., & Côté, S. (2001), “The Well-Being of Nations: The Role of Human and Social Capital. Education and Skills”, Organisation for Economic Cooperation and Development.
  • Helliwell, J. & Putnam, R. (1995), “Economic Growth and Social Capital in Italy”, Eastern Economic Journal, 21(3), 295–307.
  • Helliwell, J. F. (1996), “Economic Growth and Social Capital in Asia”, National Bureau of Economic Research, No. w5470.
  • Hjerppe, R. (1998), “Social Capital and Economic Growth- Government Institute for Economic Research.Measurement of Social Capital and Growth: An Economic Methodology”, Fundación BBVA, 2006.
  • Iyer, S., Kitson, M., & Toh, B. (2005), “Social Capital, Economic Growth and Regional Development”, Regional Studies, 39(8), 1015-1040.
  • Johansen, S. (1988), "Statistical Analysis of Cointegration Vectors", Journal of Economic Dynamics and Control, 12(2), 231-254.
  • Johansen, S. & Juselius, K. (1990), "Maximum Likelihood Estimation and Inference on Cointegration with Applications to the Demand For Money", Oxford Bulletin of Economics and Statistics, 52(2), 169-210.
  • Karagül, M. & Akçay, S. (2002), “Ekonomik Büyüme Ve Sosyal Sermaye: Ampirik Bir Kanıt”, İktisat İşletme ve Finans, 17(198), 82-90.
  • Knack, S. & Keefer, P. (1995), “Institutions and Economic Performance: Cross-Country Tests Using Alternative Institutional Measures,” Economics and Politics, 7, 207–227.
  • Knack, S., & Keefer, P. (1997), “Does social capital have an economic payoff? A cross-country investigation”, The Quarterly Journal of Economics, 1251-1288.
  • Knack, S. (1999), "Social Capital, Growth, and Poverty: A Survey of Cross-Country Evidence", Social Capital Initiative Working Paper 7. World Bank, Social Development Department, Washington, D.C. Processed.
  • Knack, S. (2002), “Social Capital, Growth and Poverty: A Survey Of Cross-Country Evidence”, The Role Of Social Capital in Development: An Empirical Assessment, 42-82.
  • Knorringa, P. & Van Staveren, I. (2006), “Social Capital For Industrial Development: Operationalizing The Concept”, ISS Staff Group 3: Human Resources and Local Development. UNIDO - United Nations Industrial Development Organization
  • Kormendi, R.C. & Meguire, F.G. (1985), “Macroeconomic Determinants of Growth”, Journal of Monetary Economics, 16(1), 141–63.
  • Krishna, A., & Uphoff, N. (2002), “Mapping and Measuring Social Capital Through Assessment of Collective Action to Conserve and Develop Watersheds in Rajasthan, India”, The Role Of Social Capital in Development: An Empirical Assessment, 85-124.
  • La Porta, R., Lopez-de-Silanes, F., Shleifer, A. & Vishny, R. W. (1997), “Trust in Large Organisations”, American Economic Review Papers and Proceedings”, 87(2), 333-338.
  • Maki, D. (2012), "Tests for Cointegration Allowing for an Unknown Number of Breaks" Economic Modelling, 29(5), 2011-2015.
  • Mauro, P. (1995), “Corruption and Growth”, Quarterly Journal of Economics, 110(3), 681–712.
  • Neira, I., Vázquez, E. & Portela, M. (2009), “An Empirical Analysis of Social Capital and Economic Growth in Europe (1980–2000)”, Social Indicators Research, 92(1), 111-129.
  • Neira, I., Portela, M. & Vieira, E. (2010), “Social Capital and Growth in European Regions”, Regional and Sectoral Economic Studies, 10(2), 19-28.
  • Özcan, B. (2011), “Sosyal Sermaye ve Ekonomik Kalkınma”, Yayınlanmamış Doktora Tezi, İstanbul Üniversitesi Sosyal Bilimler Enstitüsü, İstanbul.
  • Paldam, M. & Svendsen, G.T. (2000), “An Essay on Social Capital: Looking For Fire Behind The Smoke”, European Journal of Political Economy, 16, 339–366.
  • Ponzetto, G. A. & Troiano, U. (2014), “Social Capital, Government Expenditures, and Growth”, 1-52, Available at SSRN: https://ssrn.com/abstract=2142548
  • Parts, E. (2003), "Interrelationships Between Human Capital and Social Capital: Implications For Economic Development in Transition Economies." University of Tartu Economics and Business Working Paper, 2003-24.
  • Pérez, F., Fernandez de Guevara, J., Serrano, L., & Montesinos, V. (2006), “Measurement of Social Capital and Growth: An Economic Methodology”, Fundacion BBWA, 1-57.
  • Pesaran, M. H., Shin, Y. & Smith, R. J. (2001), “Bounds Testing Approaches to the Analysis of Level Relationships”, Journal of Applied Econometrics, 16(3), 289-326.
  • Pfister, L. (2010), “The Effect of Social Trust on Economic Growth”, Aarhus School of Business, Aarhus University, Master of Science in International Economic Consulting, 1-63.
  • Phillips, P. C. & Perron, P. (1988), “Testing for a unit root in time series regression”, Biometrika, 75(2), 335-346.
  • Portes, A., & Sensenbrenner, J. (1993), “Embeddedness and Immigration: Notes on the Social Determinants of Economic Action”, American Journal of Sociology, 1320-1350.
  • Putnam, R., Leonardi, R. & Nanetti, R.Y. (1993), “Making Democracy Work”, Princeton University Press, Princeton, NJ.
  • Putnam, R. D. (2001), "Social Capital, Measurement and Consequences", Canadian Journal of Policy Research, 2, 41-51.
  • Raiser, M., Haerpfer, C., Nowotny, T., & Wallace, C. (2002), “Social Capital in Transition: A First Look at the Evidence”, Sociologický Casopis/Czech Sociological Review, 693-720.
  • Roth, F. (2006), “Trust and Economic Growth: Conflicting Results Between Cross-Sectional and Panel Analysis”, The Ratio Institute, (No. 102).
  • Routledge, B. R., & Von Amsberg, J. (2003), “Social Capital and Growth”, Journal of Monetary Economics, 50(1), 167-193.
  • Rupasingha, A., Goetz, S. J. & Freshwater, D. (2006), “The Production of Social Capital in US Counties”, The Journal of Socio-economics, 35(1), 83-101.
  • Sabatini, F. (2006), “The Empirics of Social Capital and Economic Development: A Critical Perspective”, Social Science Research Network Electronic Paper Collection: http://ssrn.com/abstract=879712
  • Sakai, S. (2012), “Social Capital and Regional Economy: Empirical Analysis Using Individual Data from Questionnaire Survey”, Public Policy Review, 8(5), 705-736.
  • Salahuddin, M., Tisdell, C., Burton, L. & Alam, K. (2015), “Social Capital Formation, Internet Usage and Economic Growth in Australia: Evidence From Time Series Data”, International Journal of Economics and Financial Issues, 5(4), 942-953.
  • Sciarrone, R. (2002), "The Dark Side of Social Capital: The Case of Mafia" Workshop on Social Capital and Civic Involvement, Cornell University.
  • Stock, J.H. & Watson, M.W. (1993), "A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems", Econometrica: Journal of the Econometric Society, 783-820.
  • Temple, J. & Johnson, P. A. (1998), “Social Capability and Economic Growth”, Quarterly Journal of Economics, 965-990.
  • Whiteley, P. F. (2000), “Economic growth and social capital”, Political Studies, 48(3), 443-466.
  • World Bank (1997), “World Development Report: The State in a Changing World”, New York: Oxford University Press.
  • Woolcock, M. & Narayan, D. (2000), "Social Capital: Implications for Development Theory, Research, and Policy", The World Bank Research Observer, 15, 225-249.
  • Zak, P. J. & Knack, S. (2001), “Trust and Growth”, The Economic Journal, 111(470), 295-321.
Toplam 75 adet kaynakça vardır.

Ayrıntılar

Bölüm Makaleler
Yazarlar

Oktay Kızılkaya

Yayımlanma Tarihi 30 Temmuz 2017
Gönderilme Tarihi 14 Ocak 2017
Yayımlandığı Sayı Yıl 2017 Cilt: 25 Sayı: 33

Kaynak Göster

APA Kızılkaya, O. (2017). The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey. Sosyoekonomi, 25(33), 175-194. https://doi.org/10.17233/sosyoekonomi.285901
AMA Kızılkaya O. The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey. Sosyoekonomi. Temmuz 2017;25(33):175-194. doi:10.17233/sosyoekonomi.285901
Chicago Kızılkaya, Oktay. “The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey”. Sosyoekonomi 25, sy. 33 (Temmuz 2017): 175-94. https://doi.org/10.17233/sosyoekonomi.285901.
EndNote Kızılkaya O (01 Temmuz 2017) The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey. Sosyoekonomi 25 33 175–194.
IEEE O. Kızılkaya, “The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey”, Sosyoekonomi, c. 25, sy. 33, ss. 175–194, 2017, doi: 10.17233/sosyoekonomi.285901.
ISNAD Kızılkaya, Oktay. “The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey”. Sosyoekonomi 25/33 (Temmuz 2017), 175-194. https://doi.org/10.17233/sosyoekonomi.285901.
JAMA Kızılkaya O. The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey. Sosyoekonomi. 2017;25:175–194.
MLA Kızılkaya, Oktay. “The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey”. Sosyoekonomi, c. 25, sy. 33, 2017, ss. 175-94, doi:10.17233/sosyoekonomi.285901.
Vancouver Kızılkaya O. The Potential Effect of Social Capital on Economic Growth: Structural Fractured Cointegration Analysis for Turkey. Sosyoekonomi. 2017;25(33):175-94.