THE ECONOMETRIC ANALYSIS ON THE EFFECT OF EU MEMBERSHIP ON LEVEL OF WELFARE: AN ASSESSMENT OF FIFTH ENLARGEMENT COUNTRIES Cover Image

AB ÜYELİĞİNİN REFAH DÜZEYİNE ETKİSİNİN EKONOMETRİK ANALİZİ: BEŞİNCİ GENİŞLEME ÜLKELERİ ÜZERİNE BİR DEĞERLENDİRME
THE ECONOMETRIC ANALYSIS ON THE EFFECT OF EU MEMBERSHIP ON LEVEL OF WELFARE: AN ASSESSMENT OF FIFTH ENLARGEMENT COUNTRIES

Author(s): Cabir Çelik, Sinan YILDIRIM, Sinem ÇELİK
Subject(s): Social development, Family and social welfare, Economic development, EU-Accession / EU-DEvelopment, Socio-Economic Research
Published by: Sage Yayınları
Keywords: European Union (EU); Welfare Measurement; Fifth Enlargement Process; Panel Data Analysis; Economic Integration;

Summary/Abstract: Welfare measurement, which is unquestionable the most significant member of the political economy indicator family, is routinely used to form economic and social policies and to evaluate the success of societies. In this study, it is aimed to determine the change in the welfare levels of the countries which got involved in the EU with the fifth enlargement process by using pooled panel data and random effects models endowed with robust standard errors purged from heteroscedasticity and autocorrelation problems. According to the results obtained; It has been determined that the foreign trade and Foreign Direct Investment (FDI) inflow of the fifth enlargement countries significantly increase their Gross Domestic Product (GDP) per capita, resulting in more welfare for their citizens.

  • Issue Year: 13/2021
  • Issue No: 51
  • Page Range: 218-228
  • Page Count: 11
  • Language: Turkish
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