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Journals / Uluslararası Ekonomi İşletme ve Politika Dergisi / 2020 / Cilt: 4 - Sayı: 2

THE RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENTS AND ECONOMIC GROWTH IN TURKEY / Türkiye’de Doğrudan Yabancı Sermaye Yatırımları İle Ekonomik Büyüme Arasındaki İlişki

Sema ONARAN
Raziye SELİM
Pages
409–420
Publication Date
2020-10-30
DOI
—
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AI Summary & Key Takeaways

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

Johansen Co-integration test results demonstrated a positive long-run relationship between economic growth and FDI, and the effect was found as statistically significant.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Foreign direct investments (FDI) in Turkey expanded rapidly following the liberalization programme initiated in early 1980s.
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Key Findings & Data:Turkey accomplished a record level in terms of its performance to attract FDI in post-2000 era.
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Conclusion & Impact:Johansen Co-integration test results demonstrated a positive long-run relationship between economic growth and FDI, and the effect was found as statistically significant.
🔬Design:Research Article
📍Scope:2000 Verileri
⚙️Variables:Doğrudan Yabancı Sermaye Yatırımı · Ekonomik Büyüme · Johansen Eş-bütünleşme Testi

Abstract

Foreign direct investments (FDI) in Turkey expanded rapidly following the liberalization programme initiated in early 1980s. Turkey accomplished a record level in terms of its performance to attract FDI in post-2000 era. Foreign currency inflow, capital stock increase, employment generation, and technology transfer are among the benefits of FDI to host country. The most significant impact of FDI is contribution to host country’s economy through realizing production. This empirical study explores the relationship between FDI and economic growth in Turkey using time series analysis for 1980-2015 period. Johansen Co-integration test results demonstrated a positive long-run relationship between economic growth and FDI, and the effect was found as statistically significant. According to Granger causality test findings, there is bidirectional causality between economic growth and FDI. The results of this study imply that a positive change in level of FDI is likely to increase the production of goods and services in Turkey.

Özet

Türkiye’de doğrudan yabancı sermaye yatırımları (DYSY) 1980’li yılların başlarında başlatılan liberalleşme programı sonrasında hızla genişlemiştir. Türkiye, DYSY çekme performansı açısından 2000 sonrası dönemde rekor bir seviye yakalamıştır. Yabancı para girişi, sermaye stokunda artış, istihdam ve teknoloji transferi, DYSY’nin alıcı ülkeye sağladığı yararlardan bazılarıdır. DYSY’nin alıcı ülkenin ekonomisine en önemli etkisi, üretim gerçekleştirme yolu ile sağladığı katkıdır. Bu ampirik çalışma 1980-2015 periyodunda, DYSY ile ekonomik büyüme arasındaki ilişkiyi zaman serisi analizi ile araştırmaktadır. Johansen Eş-bütünleşme testi sonuçları, ekonomik büyüme ile FDI arasında pozitif uzun dönem ilişki olduğunu göstermiş ve etki istatistiksel olarak anlamlı bulunmuştur. Granger nedensellik testi bulgularına göre, DYSY ile ekonomik büyüme arasında karşılıklı bir ilişki bulunmaktadır. Bu çalışmanın sonuçları, Türkiye’de DYSY’deki pozitif bir değişimin, mal ve hizmetlerin üretimi artışını desteklediğini göstermektedir

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Cite This Article

ONARAN, S., SELİM, R. (2020). THE RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENTS AND ECONOMIC GROWTH IN TURKEY / Türkiye’de Doğrudan Yabancı Sermaye Yatırımları İle Ekonomik Büyüme Arasındaki İlişki. Uluslararası Ekonomi İşletme ve Politika Dergisi, Cilt: 4 - Sayı: 2, 409–420. https://ajindex.com/articles/816090

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