Ekonomik Kalkınmada Kurumsal Faktörlerin Rolü: Doğu Asya Ülkelerinden Ampirik Kanıtlar.

It is stated by various thinkers and researchers, especially in the last 20-30 years, that there are institutional factors among many factors that affect the economic development process of countries. In this study, the impact of institutional factors on development is empirically analysed for the East Asian countries. For this purpose the relationship in question is investigated with Dumitrescu and Hurlin panel causality tests for the period 1998-2016 in nine selected East Asian countries. As a result of the analysis made by creating six separate models; a bidirectional causality relationship is found between GDP per capita growth and education index, education index and economic freedom index, GDP per capita growth rate and trade freedom index, and education index and trade freedom index. One-way causality relationship from GDP per capita growth rate to economic freedom. It can be said that rational policies created by giving importance to institutional factors in selected East Asian countries have a positive effect on the economic development of these countries. [ABSTRACT FROM AUTHOR]