The Influence of Economic Freedom on Growth: an Assessment Within the Context of Globalization and Human Development     
Yazarlar (1)
Dr. Öğr. Üyesi Mehmet Mert TÜRK Tokat Gaziosmanpaşa Üniversitesi, Türkiye
Makale Türü Özgün Makale
Makale Alt Türü Diğer hakemli uluslarası dergilerde yayınlanan tam makale
Dergi Adı EUROASIA JOURNAL OF SOCIAL SCIENCES & HUMANITIES
Dergi ISSN 2651-5261
Dergi Tarandığı Indeksler Eurasian Scientific Journal Index, DRJI, Scientific Indexing Service, Index Copernicus, CiteFactor, RootIndexing
Makale Dili İngilizce
Basım Tarihi 02-2025
Cilt No 12
Sayı 1
Sayfalar 7 / 25
DOI Numarası 10.5281/zenodo.14919934
Makale Linki https://www.euroasiajournal.com/index.php/eurssh/article/view/498/385
Özet
This study examines the impact of economic freedom on economic growth within the framework of globalization and human development. Using data from 1999 to 2022 for Turkey, the Toda-Yamamoto causality test is applied to analyze the dynamic relationships between variables. The findings reveal that economic freedom significantly influences economic growth and globalization, while human development also plays a crucial role in this interaction. Additionally, globalization’s effects on economic growth vary, indicating that its benefits depend on institutional and policy frameworks. The results suggest that while economic freedom fosters economic expansion, policymakers should consider balanced strategies that incorporate social and environmental factors. Furthermore, enhancing institutional quality and ensuring sustainable globalization policies are critical for long-term economic stability. This study contributes to the literature by highlighting the multidimensional role of economic freedom in economic development and providing policy insights for emerging economies.
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