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Analyzing the Relationship between Economic Prosperity, Law and Democracy

Journal of Entrepreneurship, Business and Economics

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Field Value
 
Title Analyzing the Relationship between Economic Prosperity, Law and Democracy
 
Creator Kahramanoğlu, Ali
Büyüksarıkulak, Ahmet Mesut
 
Description In line with economic prosperity and its spread to the society, it is essential that the economy complement each other with law and democracy. In this study, the development levels of countries and the relationship between law and/or democracy will be examined. After the Eview analysis, it was observed that the democracy and geography indexes were not enough alone, and a more comprehensive model was formed by adding some geographic, religious, cultural and dummy variables reflecting the history of countries. At the end of modelling, it is seen that geographic features and natural resources are extremely important for prosperity. Moreover, the fact that countries have historical/corporate identity does not yield any meaningful results in terms of human development
Research paper
Keywords: Economic Prosperity; Law; Democracy; Human Development Index; World Justice Index
Reference to this paper should be made as follows: Kahramanoğlu, A., & Büyüksarıkulak, A. M. (2019). Analyzing the Relationship between Economic Prosperity, Law and Democracy, Journal of Entrepreneurship, Business and Economics, 7(1), 106–132.
 
Publisher Scientificia
 
Date 2019-06-29
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://scientificia.com/index.php/JEBE/article/view/109
 
Source Journal of Entrepreneurship, Business and Economics; Vol 7 No 1 (2019); 106-132
2345-4695
 
Language eng
 
Relation http://scientificia.com/index.php/JEBE/article/view/109/95
 
Rights Copyright (c) 2019 Ali Kahramanoğlu, Ahmet Mesut Büyüksarıkulak
http://creativecommons.org/licenses/by-nc/4.0