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

Foreign Direct Investment and Income Inequality: Theory, Debate and Analysis

Doğrudan Yabancı Yatırımlar ve Gelir Eşitsizliği: Teori, Tartışma ve Analiz

Umut ÜZAR
Pages
199–222
Publication Date
2018-12-29
DOI
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AI Summary & Key Takeaways

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

Another important finding of this study is, along with the invalidity of reverse U hypothesis of Kuznets, increases in trade openness and unemployment has a negative effect on income distribution.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The process of deregulation and integretion which came into existence under the title of globalisation, has led FDI to spread over a broad area.
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Key Findings & Data:With the period when international capital mobilisation became a significant matter in global economy, there have been a serious deterioration in income distribution.
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Conclusion & Impact:Another important finding of this study is, along with the invalidity of reverse U hypothesis of Kuznets, increases in trade openness and unemployment has a negative effect on income distribution.
🔬Design:Research Article
📍Scope:2007 Verileri
⚙️Variables:Foreign Direct Invesment · Globalisation · Income Distribution

Abstract

The process of deregulation and integretion which came into existence under the title of globalisation, has led FDI to spread over a broad area. With the period when international capital mobilisation became a significant matter in global economy, there have been a serious deterioration in income distribution. In this regard, systematical analysis of relationship between FDI and income distribution has gained importance. The purpose of this study is to search the effect of FDI inflows on income distribution in selected 36 countries. In line with this purpose, the period between 1998-2007 has been examined with panel regression analysis. Findings of all equations used in this study shows that FDI inflows has been detrimental to income distribution. Another important finding of this study is, along with the invalidity of reverse U hypothesis of Kuznets, increases in trade openness and unemployment has a negative effect on income distribution.

Özet

Küreselleşme adı altında vücut bulan serbestleşme ve entegrasyon süreci doğrudan yabancı yatırımların geniş bir coğrafyaya yayılmasına neden olmuştur. Uluslararası sermaye hareketlerinin dünya ekonomisi içinde önemli bir olgu olmaya başladığı dönemle birlikte, gelir dağılımında da ciddi bir bozulma gerçekleşmiştir. Bu bağlamda doğrudan yabancı yatırımlar ve gelir dağılımı arasındaki ilişkinin sistematik analizi giderek önem kazanmıştır. Buradan hareketle çalışmanın amacı, seçilmiş 36 ülkede doğrudan yabancı yatırım girişlerinin gelir dağılımı üzerindeki etkisini ortaya koymaktır. Bu amaç doğrultusunda çalışmada 1998-2007 dönemi, panel regresyon analiziyle incelenmiştir. Çalışma bulgularına göre, kurulan tüm modellerde, doğrudan yabancı yatırım girişlerinin gelir dağılımını bozduğu sonucuna ulaşılmıştır. Ayrıca Kuznets’in ters U hipotezinin geçersizliğiyle birlikte ticari açıklık ve işsizlik oranında meydana gelen artışların gelir dağılımını olumsuz etkilediği, çalışmanın diğer önemli bulgularıdır.

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Cite This Article

ÜZAR, U. (2018). Foreign Direct Investment and Income Inequality: Theory, Debate and Analysis. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 8 - Sayı: 2, 199–222. https://ajindex.com/articles/154748

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