How Does Macroeconomic and Socio-political Index Affect the Real GDP per Qualified Worker? Evidence from Turkic Republics

Authors : Eşref Uğur ÇELİK, Fehmi Buğra ERDAL, Mustafa Can KÜÇÜKER, Tolga OMAY

Pages : 1-38

Doi:10.12995/bilig.10501

View : 15 | Download : 8

Publication Date : 2023-04-27

Article Type : Research Paper

Abstract :In this study, we concentrated on the socioeconomic factors affecting the level of real GDP per qualified worker. For this purpose, we have used the macroeconomic and socio-political performance index for Turkic Republics. By using these newly established indices, determinants of the level of real GDP per qualified worker are analyzed for the first time in the literature. From the empirical investigation, we found that certain threshold levels significantly affect the real GDP level perqualified worker. Therefore, the policymakers of these countries should seriously consider these threshold levels for macroeconomic and socio-political performance index for conducting a well-organized policy for the prosperity of their countries.
Keywords : Macroeconomic Performance Index, Socio political Performance Index, Openness, Capital, Real GDP per Qualified Worker, Makroekonomik Performans Endeksi, Sosyo politik Performans Endeksi, Dışa Açıklık, Sermaye, Nitelikli Çalışan Başına Reel GSYİH