Institutional factors and economic policy uncertainty: An asymmetric analysis
Yazarlar (4)
Tuba Yıldız Hatay Mustafa Kemal Üniversitesi, Türkiye
Doç. Dr. Hale KIRMIZIOĞLU Kırşehir Ahi Evran Üniversitesi, Türkiye
Ünal Arslan Hatay Mustafa Kemal Üniversitesi, Türkiye
Yıldız Sağlam Çeliköz Hatay Mustafa Kemal Üniversitesi, Türkiye
| Makale Türü |
Özgün Makale
(SCOPUS dergilerinde yayınlanan tam makale)
|
||
| Dergi Adı | Edelweiss Applied Science and Technology | ||
| Dergi ISSN | 2576-8484 Scopus Dergi | ||
| Dergi Tarandığı Indeksler | Scopus | ||
| Makale Dili | İngilizce | Basım Tarihi | 01-2025 |
| Cilt / Sayı / Sayfa | 9 / 2 / 144–159 | DOI | 10.55214/25768484.v9i2.4440 |
| Makale Linki | https://learning-gate.com/index.php/2576-8484/article/view/4440 | ||
| Özet |
| This study examines the relationship between economic policy uncertainties and institutional infrastructure or institutional quality. Countries with strong institutional quality may reduce economic policy uncertainty. In the effectiveness of this situation, it is particularly important that well-functioning institutions make economic decision-making processes more predictable, stable, and reliable. Institutional quality can help build confidence, stability, and predictability in the economy. This condition may decrease economic policy uncertainty, resulting in improved growth and prosperity. Strong institutional quality in European Union countries may additionally serve to promote long-term growth by lowering economic policy uncertainty. In the study, the effect of economic policy uncertainty was analyzed using the ARDL nonlinear analysis method and data from eight European countries for the period 2002-2021. As a result of the analysis, it was concluded that there is an asymmetric relationship between corruption control and economic policy uncertainty. Negative shocks to the quality of regulation positively affect economic policy uncertainty. Positive shocks to voice, accountability, political stability, and the absence of violence positively affect economic policy uncertainty. |
| Anahtar Kelimeler |
| ARDL panel analysis | Economic policy uncertainty | European countries | Institutional factors |
BM Sürdürülebilir Kalkınma Amaçları
| Atıf Sayıları | |
| Scopus | 1 |
| Google Scholar | 1 |