Özet:

This paper examines, the relationship between Capital Input – ICT and Capital Input – Non ICT, Labor Quality and GDP growth in emerging markets by using the panel regression model. The data series have been obtained from “The Conference Board Total Economy Database”. These series are annual and include the years between 1996-2017. In order to apply the model on the computer, Stata 14.0 has been used. Based on the F, LM, LR and Score Tests results, the classical model was rejected, and the presence of the unit effect was determined. According to the Hausman's specifications test results, the random effects model was applied. In the random effects model, both heteroscedasticity and autocorrelation were observed. According to the results of the Robust Estimation of the Random effects Model, Capital Input – ICT and Capital Input – Non ICT variables has significant impact on GDP. 1% increase in Capital Input – ICT creates 0.0735% increase in GDP. 1% increase in Capital Input – Non ICT creates 0.5709 % increase in GDP. Labor Input–Quality variable does not indicate statistical significance on GDP.

Anahtar Kelimeler: