The Relationship between Institutional Quality and Welfare: Panel-SUR Analysis on BRICS-T Countries   
Yazarlar (2)
Doç. Dr. İsmail ŞENTÜRK Tokat Gaziosmanpaşa Üniversitesi, Türkiye
Amjad Ali
Makale Türü Özgün Makale
Makale Alt Türü Diğer hakemli uluslarası dergilerde yayınlanan tam makale
Dergi Adı Journal of Policy Research
Dergi ISSN 2410-8162
Dergi Tarandığı Indeksler CiteFactor
Makale Dili İngilizce
Basım Tarihi 03-2022
Cilt No 8
Sayı 1
Sayfalar 45 / 52
DOI Numarası 10.5281/zenodo.7125798
Makale Linki https://jprpk.com/index.php/jpr/article/view/79
Özet
In this study, the relationship between institutional quality and welfare has been tried to be examined in BRICS-T countries. For this purpose, the World Bank Worldwide Governance Index was used as an indicator of institutional quality, and its effect on economic growth, which is an indicator of welfare, was examined for the period 2002-2020. It has been determined that there is cross-sectional dependence and heterogeneity in the slope coefficients in the panel. As a result of the panel cointegration test of Westerlund and Edgerton (2007), it has been concluded that there is cointegration between the variables. Panel-SUR has been preferred as the coefficient estimation method. This method yields effective results when N
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