The Impact of Economic and Political Factors on the 2010 Turkish Referendum
Journal Title: Eurasian Journal of Business and Economics - Year 2011, Vol 4, Issue 7
Abstract
The referendum held on September 12, 2010 included fundamental changes in Turkish constitution related with the social, judicial and economic aspects. We are of the opinion that the referendum offered a general view on the reflections of government policies, since the incumbent party, Justice and Development Party (AKP), officially supported the proposed changes and the main opposition parties, Republican People’s Party (CHP) and Nationalist Action Party (MHP), were opposed. We tested the effects of political tendencies on the referendum results using provincial data. The results show that the “yes” votes are higher in the provinces where AKP has a stronger base, and lower in the provinces where the opposition parties, especially CHP, have stronger bases. Moreover, our analyses imply that referendum votes are higher where economic conditions are getting relatively better in the last year. However, we could not find a positive effect of public spending on the patterns of voting
Authors and Affiliations
Harun YÜKSEL, Abdulkadir CIVAN, Ertuğrul GÜNDOĞAN
How Do Foreign Direct Investment and Growth Interact in Turkey?
This paper empirically investigates the relation between growth and Foreign Direct Investment (FDI) in Turkey. There are mixed conclusions about the impact of FDI on growth and the literature includes many studies where...
Decomposition of Technical Change and Productivity Growth in Indian Agriculture Using Non-Parametric Malmquist Index
The present study endeavors to analyze the rate of total factor productivity growth and technical progress of Indian Agriculture between the period 1971 to 2004, using a Data Envelopment Analysis. It has been observed th...
Mergers, Acquisitions and Firms’ Performance: Experience of Indian Pharmaceutical Industry
In the context of policy reforms in the 1990s in general and three important amendments made to the Indian Patent Act (1970) in 1999, 2002 and 2005 in particular, the present paper makes an attempt to examine the impact...
Performance of Women Entrepreneurs: Does Access to Finance Really Matter?
Bangladesh adopts labor intensive industrialization and inclusive finance strategy to fight against poverty. The strategies help the disadvantaged women empower and encourage doing something independently. But most of wo...
Network Building Behaviors of U.S. and Central Asian Leaders: Role of Institutional Background and Individual Factors
This paper undertakes a comparative examination of contextual and individual-level antecedents to network building behaviors of leaders. Taking insights from social network and motivation theories, the proposed model sug...