Journals / Sosyoekonomi / 2021 / Cilt: 29 - Sayı: 50

Another Perspective of The Effects of Migration as A Determinant of Foreign Direct Investment: Evidence-Based on Panel Gravity Model from Turkey and OECD Countries

Doğrudan Yabancı Yatırımın Belirleyicisi Olarak Göçün Etkilerine Farklı Bir Bakış: Türkiye ve OECD Ülkeleri Üzerine Panel Çekim Modelinden Bulgular

Pages
169–196
Publication Date
2021-10-31
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

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

The results show that immigrant flows to OECD from Turkey on the FDI flows are relatively more effective than the immigrant flows to Turkey from OECD.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper aims to investigate the impact of immigration on FDI between Turkey and OECD countries.
📊
Key Findings & Data:The paper uses data spanning the period 2003-2019.
💡
Conclusion & Impact:The results show that immigrant flows to OECD from Turkey on the FDI flows are relatively more effective than the immigrant flows to Turkey from OECD.
🔬Design:Modeling & Simulation
📍Scope:2003-2019 Verileri
⚙️Variables:Göç · Doğrudan Yabancı Yatırım · PPML Tahmin Yöntemi

Abstract

This paper aims to investigate the impact of immigration on FDI between Turkey and OECD countries. The paper uses data spanning the period 2003-2019. There is employed PPML estimation method which presented efficient output in the presence of heteroskedasticity and non-large zero values of inward FDI in Panel Gravity Model. However, outward FDI is estimated using the ZINB model for outward FDI data has overdispersion and excess zero flows. The results show that immigrant flows to OECD from Turkey on the FDI flows are relatively more effective than the immigrant flows to Turkey from OECD.

Özet

Bu çalışma, Türkiye ve OECD ülkeleri arasındaki Doğrudan Yabancı Yatırım akışları üzerinde göçün etkisini incelemeyi amaçlamaktadır. Bu amaçla, çalışma 2003-2019 dönemini kapsayan verileri kullanmaktadır. Panel Çekim Modelinde değişen varyansın ve içe dönük DYY’lerde büyük sayıda olmayan sıfır gözlem değerlerinin varlığında etkin sonuçlar sunan PPML tahmin yöntemi uygulamaktadır. Bununla birlikte, dışa doğru DYY’ler, aşırı dağılıma ve aşırı sıfır değerine sahip olan dışa doğru DYY verileri nedeniyle ZINB modeli kullanılarak tahmin edilmektedir. Sonuçlar, Türkiye'den OECD'ye giden göçmenlerin DYY’ler üzerindeki etkisinin, OECD'den Türkiye'ye gelen göçmenlere göre daha etkili olduğunu göstermektedir.

🔖

Cite This Article

YILMAZ, H. A. (2021). Another Perspective of The Effects of Migration as A Determinant of Foreign Direct Investment: Evidence-Based on Panel Gravity Model from Turkey and OECD Countries. Sosyoekonomi, Cilt: 29 - Sayı: 50, 169–196. https://ajindex.com/articles/397917

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (13)

  1. Akkoyunlu, Ş. (2010), “Can Trade, Aid, Foreign Direct Investments and Remittances Curb Migration from Turkey?”, Migration Letters, 7(2), 144-158.
  2. Alfaro, L. & M. Chen, (2010), “Surviving the Global Financial Crisis: Foreign Direct Investment and Establishment Performance”, Harvard Business School Working Paper, No. 10/110. Ali, S. & W. Guo (2005), “Determinants of FDI in China”, Journal of Global Business and Technology, 1(2), 21-33.
  3. Anderson, J.E. & E. Van Wincoop (2003), “Gravity with Gravitas: A Solution to the Border Puzzle”, American Economic Review, 93(1), 170-192.
  4. Anderson, J.E. (1979), “A theoretical Foundation for Gravity Equation”, American Economic Review, 69(1), 106-116.
  5. Asiedu, E. (2002), “On the Determinants of Foreign Direct Investment to Developing Countries: Is Africa Different?”, World Development, 30(1), 107-119.
  6. Baier, S.L. & J.H. Bergstrand (2007), “Do Free Trade Agreements Actually Increase Members' International Trade?”, Working Paper, No. 2005-3,
  7. Federal Reserve Bank of Atlanta. Bal, H. & E.E. Akça (2016), “Doğrudan Yabancı Sermaye Yatırımlarının Belirleyicileri: Seçilmiş Doğu Asya ve Pasifik Ülkelerinden Ampirik Bulgular”, Sosyoekonomi, 24(30), 91-112.
  8. Barry, F. (2002), “E.U. Accession and FDI flows to CEE countries: Lessons from the Irish Experience”, in: Conference on Foreign Direct Investment in the Real and Financial Sector of Industrial Countries, Bundesbank Eltville am Rhein. Bellino, A. & G. Celi (2016), “The Migration-Trade Nexus in Presence of Vertical and Horizontal Product Differentiation”, Discussion Paper, No. 137: University of Foggia. Bergeijk, P.A.G. & S. Brakman (2010), “The Comeback of the Gravity Model”, in: P.A. Van Bergeijk & S. Brakman (eds.), The Gravity Model in International Trade: Advances and Applications, Cambridge University Press.
  9. Bergstrand, J.H. (1989), “The Generalized Gravity Equation, Monopolistic Competition, and the Factor-Proportions Theory in International Trade”, The Review of Economics and Statistics, 71(1), 1435-153.
  10. Bertoli, S. & J.F.H. Moraga (2017), “Gravity Models in the Migration and Development Nexus”, Revue d'économie du développement, 25(3), 69-91.
  11. Bevan, A. & S. Estrin & K. Meyer (2004), “Foreign Investment Location and Institutional Development in Transition Economies”, International Business Review, 13(1), 43-64.
  12. Bhattacharya, U. & P. Groznik (2008), “Melting Pot or Salad Bowl: Some Evidence from U.S. Investments Abroad”, Journal of Financial Markets, 11(3), 228-258.
  13. Bosker, E.M.