The relationship between social capital and economic growth on a provincial and regional basis

Authors

DOI:

https://doi.org/10.18559/ebr.2023.3.799

Keywords:

GDP, social capital, economic growth, panel causality analysis

Abstract

The aim of this study is to investigate the relationship between economic growth and social capital on both a provincial and regional basis in Turkey during the period of 2007-2018. In the study, in which the social capital index was used as a current and comprehensive variable to represent social capital, the relations between the variables were analyzed with the panel Granger causality test. As a result of the empirical analysis, it was determined that there is a unilateral causality relationship from GDP to SOCAP in 16 provinces, from SOCAP to GDP in 9 provinces, and bilateral causality in 45 provinces. On the other hand, no significant relationship was found in 11 provinces.

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2023-08-28 — Updated on 2023-10-12

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Pilatin, A., & Hacıimamoğlu, T. (2023). The relationship between social capital and economic growth on a provincial and regional basis. Economics and Business Review, 9(3). https://doi.org/10.18559/ebr.2023.3.799 (Original work published 2023)

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