The Factors Determined To The Improvement In The Least Developed And Developing Countries: Testing A Model

The Factors Determined To The Improvement In The Least Developed And Developing Countries: Testing A Model

Gözde , Ergin

Finding the different ways of the improvement as a multidimensional process causes different improvement ways in all countries in the world. The economic improvement that cause a structural changing is very important in all economies all over the world and it is necessary for the least developed countries at the same time. These countries have solved the phenomena of poverty, unemployment, low life standards and unimproved. The differentiation in the socio-cultural structures of the least developed and developing countries effect the improvement in a positive way. In the study, the socio-economic factors of improvement and a classification according to the gross national product levels per person in the least developed and developing countries have been done by taking the definition accepted by World Bank into consideration. There are fifteen countries in the classification of the least developed and developing countries. The data of thirty-three factors in the comparison of these countries have been obtained from the data source of World Bank, OECD, EUROSTAT and UN (2000 – 2009). The Statistical and Casual Models in the kinds of econometric models have been estimated with ‘’Panel Model Method’’. For choosing the suitable model, the test for choosing model ‘’Hausman’’ has been used. As a result, the factors determined to the improvement of the countries in a different improvement levels have been discussed and the comments related to them have been made.

Conference or Workshop Item
PeerReviewed

2012-05-31

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