Journals / Ankara Üniversitesi SBF Dergisi / 2018 / Cilt: 73 - Sayı: 1

The Political Economy of Regional Development: Local-Political Dynamics and Economic Growth

BÖLGESEL KALKINMANIN İKTİSADİ POLİTİĞİ: YEREL DİNAMİKLER VE İKTİSADİ BÜYÜME

Pages
1–18
Publication Date
2022-10-11
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Economic findings of the models indicate that sectoral specialization, human capital accumulation, public investments in physical capital such as transport and communication and in human capital such as education and health services have positive effects in regions growth performances

📌 3 Key Takeaways

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Objective & Hypothesis:The potential determinants of regions' growth performance must be examined for a balanced and sustainable regional development.
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Key Findings & Data:For this purpose, this study includes investigating political determinants of growth such as municipality-government similarity estimated via the percentage of municipality same as government party, the percentage of aids from central government and the amount of incentives per 100 people as well as economic determinants such as physical and human capital accumulation and sectoral specialization.
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Conclusion & Impact:Economic findings of the models indicate that sectoral specialization, human capital accumulation, public investments in physical capital such as transport and communication and in human capital such as education and health services have positive effects in regions growth performances
🔬Design:Modeling & Simulation
📍Scope:2007-2011 Verileri
⚙️Variables:Domain Parameters

Abstract

The potential determinants of regions' growth performance must be examined for a balanced and sustainable regional development. For this purpose, this study includes investigating political determinants of growth such as municipality-government similarity estimated via the percentage of municipality same as government party, the percentage of aids from central government and the amount of incentives per 100 people as well as economic determinants such as physical and human capital accumulation and sectoral specialization. The findings of alternative fixed effects panel models based on 2007-2011 period and 26 regions (Nuts-2 regions) indicate that there is no systematic relationship between municipality-government similarities, central governments aids for municipality and regions' growth performance in contrast to political propaganda. In addition, the amount of incentives per 100 people has positive effects on regions' growth performance, but its negligible. It shows that incentive system, which has been changed three times since 2002isn't effective during the analyzed period. Economic findings of the models indicate that sectoral specialization, human capital accumulation, public investments in physical capital such as transport and communication and in human capital such as education and health services have positive effects in regions growth performances

Özet

Dengeli ve sürdürülebilir bölgesel kalkınmanın sağlanabilmesi için bölgelerin büyüme performanslarına etki eden muhtemel dinamiklerin saptanması gerekir. Bu amaçla çalışmada, bölgelerin büyüme performanslarına etki etmesi muhtemel beşeri ve fiziki sermaye birikiminin yanı sıra iktidar partili belediyelerin tüm belediyeler içindeki payı üzerinden hesap edilen belediye-hükümet benzerliği, belediyelerin merkezden aldıkları hibe ve yardımların payı ve bölgesel teşvikler gibi politik dinamikler dikkate alınmıştır. 2007 - 2011 ve 26 bölge (İBBS-2 Bölgeleri) kapsamında tahmin edilen alternatif Sabit Etkiler Panel Modellerinin bulguları, seçim propagandalarının aksine, belediye-hükümet benzerliği ve belediyelere yönelik hibe ve yardımların payı gibi politik unsurlar ile bölgelerin büyüme performansları arasında sistematik bir ilişki olmadığını göstermektedir. Son olarak, ulaştırma, haberleşme, eğitim ve sağlık alanlarına ilişkin kamu sabit sermaye yatırımlarının payı ile beşeri sermaye birikiminin ve sektörel uzmanlaşmanın bölgelerin büyüme performansları üzerinde pozitif etkiler sergilediklerine yönelik bulgulara ulaşılmıştır

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Cite This Article

ÇELİK, N., KARAÇUKA, M. (2022). The Political Economy of Regional Development: Local-Political Dynamics and Economic Growth. Ankara Üniversitesi SBF Dergisi, Cilt: 73 - Sayı: 1, 1–18. https://ajindex.com/articles/442931

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