민주화 이후 내생적 성장요인이 경제성장에 미치는 영향: 독립국가연합(CIS) 회원국을 중심으로

초록

So far, studies on the utility of democratic systems have focused on the analysis of the relationship with economic growth. However, to the democratic system, in addition to guaranteeing the freedom and equality needed for economic growth and raising awareness of private property rights, as the industrial structure changed, the importance of advanced human resources were emerged. Also, in the case of transition countries that have undergone a process of democratization, after the democratization, the necessity of research on the effect of the level of advanced human resources on economic growth was raised. Thus, in this study analyzed the causal relationship between democracy level- endogenous growth factor-economic growth through two-stage least squares for panel-data model focused on the member countries of the CIS that have been transformed into the democratic system with the collapse of the former Soviet Union from 1991 to 2017. As a result of the analysis, it was found that the level of democracy was positively correlated with the level of advanced human resources, and the level of advanced human resources also had a positive effect on the growth of the national economy. This shows that as the level of democracy increases in transition countries such as CIS member countries, the level of high-level human resources also increases, and it positively affecting economic growth.

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