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Journals / Abant Sosyal Bilimler Dergisi / 2022 / Cilt: 22 - Sayı: 2

THE RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENTS AND ECONOMIC GROWTH: AN ANALYSIS ON G-7 COUNTRIES IN 2000-2020 PERIOD

DOĞRUDAN YABANCI SERMAYE YATIRIMLARI İKTİSADİ BÜYÜME İLİŞKİSİ: G-7 ÜLKELERİ ÜZERİNE BİR ANALİZ (2000-2020)

Fatih Volkan AYYILDIZ
Adem ÜZÜMCÜ
Pages
463–474
Publication Date
2022-07-31
DOI
—
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AI Summary & Key Takeaways

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

In addition, according to the results of the panel causality test for the 2000-2020 periods in the G-7 countries, no causality relationship was found from FDI to economic growth, but it was concluded that there was a one-way causality relationship from economic growth to FDI.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The aim of this study is to determine whether there is a relationship between foreign direct investment (FDI) and economic growth in the sample of G-7 countries in the 2000-2020 periods.
📊
Key Findings & Data:In this regard, in the example of G-7 countries, panel cointegration and panel causality analyzes were conducted to determine a possible relationship between these two variables in the 2000-2020 period.As a result of cointegration test performed for the 2000-2020 period in the G-7 countries, it has been found that there is a cointegration relationship between economic growth and foreign direct investments variables.
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Conclusion & Impact:In addition, according to the results of the panel causality test for the 2000-2020 periods in the G-7 countries, no causality relationship was found from FDI to economic growth, but it was concluded that there was a one-way causality relationship from economic growth to FDI.
🔬Design:Research Article
📍Scope:2000-2020 Verileri
⚙️Variables:Doğrudan Yabancı Sermaye · İktisadi Büyüme · G-7 Ülkeleri

Abstract

The aim of this study is to determine whether there is a relationship between foreign direct investment (FDI) and economic growth in the sample of G-7 countries in the 2000-2020 periods. In this regard, in the example of G-7 countries, panel cointegration and panel causality analyzes were conducted to determine a possible relationship between these two variables in the 2000-2020 period.As a result of cointegration test performed for the 2000-2020 period in the G-7 countries, it has been found that there is a cointegration relationship between economic growth and foreign direct investments variables. In addition, according to the results of the panel causality test for the 2000-2020 periods in the G-7 countries, no causality relationship was found from FDI to economic growth, but it was concluded that there was a one-way causality relationship from economic growth to FDI.

Özet

Bu çalışmanın amacı G-7 ülkeleri örneğinde 2000-2020 döneminde doğrudan yabancı sermaye yatırımları (DYY) ile iktisadi büyüme arasında ilişki olup olmadığını belirlemektir. Bu çerçevede G-7 ülkeleri örneğinde 2000-2020 döneminde bu iki değişken arasında muhtemel bir ilişkiyi tespit etmek için panel eşbütünleşme ve panel nedensellik analizleri yapılmıştır. G-7 ülkeleri örneğinde 2000-2020 dönemi için yapılan eşbütünleşme testine göre iktisadi büyüme ve DYY değişkenleri arasında eşbütünleşme ilişkisi olduğu sonucuna ulaşılmıştır. Ayrıca G-7 ülkeleri örneğinde 2000-2020 dönemi için yapılan panel nedensellik testi sonuçlarına göre DYY’den iktisadi büyümeye doğru nedensellik ilişkisi bulunamamış, buna karşın iktisadi büyümeden DYY’ye doğru tek yönlü nedensellik ilişkisine ulaşılmıştır.

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Cite This Article

AYYILDIZ, F. V., ÜZÜMCÜ, A. (2022). THE RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENTS AND ECONOMIC GROWTH: AN ANALYSIS ON G-7 COUNTRIES IN 2000-2020 PERIOD. Abant Sosyal Bilimler Dergisi, Cilt: 22 - Sayı: 2, 463–474. https://ajindex.com/articles/713900

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