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Journals / Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2018 / Cilt: 8 - Sayı: 2

Economic Freedom, Foreign Direct Investment and Domestic Investment Expenditures in Turkey

Türkiye’de Ekonomik Özgürlükler, Yabancı Doğrudan Yatırımlar ve Yurtiçi Yatırım Harcamaları İlişkisi

Ali ACARAVCI
Sinan ERDOĞAN
Güray AKALİN
Pages
75–89
Publication Date
2018-12-29
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The overall results from the estimated long run coefficients indicate that; i) There isn’t any statistically significant relationship between foreign direct investments and domestic investment expenditures. ii) Per capita real income and the economic freedom have positive effect on domestic investment expenditures.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this study, the long run relationships between economic freedom, foreign direct investments and domestic investment expenditures in Turkey were explored for the period 1995–2015 by using the autoregressive distributed lag (ARDL) model.
📊
Key Findings & Data:The ARDL cointegration test presents that there is an evidence of the long-run relationship between variables.
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Conclusion & Impact:The overall results from the estimated long run coefficients indicate that; i) There isn’t any statistically significant relationship between foreign direct investments and domestic investment expenditures. ii) Per capita real income and the economic freedom have positive effect on domestic investment expenditures.
🔬Design:Modeling & Simulation
📍Scope:2015 Verileri
⚙️Variables:Economic Freedom · Foreign Direct Investments · Domestic Investment Expenditures

Abstract

In this study, the long run relationships between economic freedom, foreign direct investments and domestic investment expenditures in Turkey were explored for the period 1995–2015 by using the autoregressive distributed lag (ARDL) model. The ARDL cointegration test presents that there is an evidence of the long-run relationship between variables. The overall results from the estimated long run coefficients indicate that; i) There isn’t any statistically significant relationship between foreign direct investments and domestic investment expenditures. ii) Per capita real income and the economic freedom have positive effect on domestic investment expenditures.

Özet

Bu çalışmada, Türkiye ekonomisinde ekonomik özgürlükler, yabancı doğrudan yatırımlar ve yurt içi yatırım harcamaları arasındaki uzun dönemli ilişkiler, 1995-2015 dönemi için gecikmesi dağıtılmış otoregresif (ARDL) modeli ile araştırılmıştır. ARDL eşbütünleşme testi, değişkenler arasında uzun dönemli ilişki olduğunu sonucunu ortaya koymuştur. Uzun dönemli katsayılardan elde edilen sonuçlar göre; i) yabancı doğrudan yatırımlar ve yurtiçi yatırım harcamaları arasında istatistiksel olarak anlamlı bir ilişki yoktur. ii) Kişi başı reel gelir ve ekonomik özgürlükler ise, yurtiçi yatırım harcamalarını pozitif yönde etkilemektedir.

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Cite This Article

ACARAVCI, A., ERDOĞAN, S., AKALİN, G. (2018). Economic Freedom, Foreign Direct Investment and Domestic Investment Expenditures in Turkey. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 8 - Sayı: 2, 75–89. https://ajindex.com/articles/154739

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