Fiscaoeconomia

Fiscaoeconomia

Measuring Quality of Governance in Turkey: A Composite Governance Index

Yazarlar: Onur POLAT

Cilt 4 , Sayı 1 , 2020 , Sayfalar 51 - 60

Konular:Sosyal Bilimler, Disiplinler Arası

DOI:10.25295/fsecon.2020.01.003

Anahtar Kelimeler:Worldwide Governance Indicators,Good Governance,Principal Component Analysis

Özet: In this study, we analyze the quality of governance in Turkey by using worldwide governance indicators (WGIs), namely, voice and accountability (VA), political stability and absence of violence (PV), government effectiveness (GE), regulatory quality (RQ), rule of law (RL), and control of corruption (CC) which aggregate 6 dimensions of governance. In that regard, we employ principal component analysis (PCA) to construct a composite governance index (CGI) for Turkey over the 2002-2017 period. We find that the CGI creates proper signals to both economic and political disequlibriums observed in the post-2001 financial crisis era. Our findings underline an effective regulatory framework for monitoring the quality of governance and accordingly suggests the CGI as a policy tool.

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@article{2020, title={Measuring Quality of Governance in Turkey: A Composite Governance Index}, volume={4}, number={1}, publisher={Fiscaoeconomia}, author={Onur POLAT}, year={2020}, pages={51–60} }
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Onur POLAT. (2020). Measuring Quality of Governance in Turkey: A Composite Governance Index (Vol. 4, pp. 51–60). Vol. 4, pp. 51–60. Fiscaoeconomia.
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Onur POLAT. Measuring Quality of Governance in Turkey: A Composite Governance Index. no. 1, Fiscaoeconomia, 2020, pp. 51–60.
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