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

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Sosyoekonomi Journal, 2017, issue 25(33)

Keywords: Social Capital; Trust; Economic Growth; Structural Break Cointegration Test; DOLS Estimation Method; Turkey. (search for similar items in EconPapers)
JEL-codes: O11 O12 O15 O47 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:sos:sosjrn:170309

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