Journals / Finans Politik ve Ekonomik Yorumlar / 2017 / Sayı: 626

Foreign Direct Investment in Turkey: A Comparison with the Central and Eastern European Countries

Türkiye’deki Doğrudan YabancıYatırım: Orta ve Doğu Avrupa Ülkeleriile Karşılaştırma

Pages
89–101
Publication Date
2017-04-01
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)

Finally, a discussion of macroeconomic indicators in the CEEC and Turkey aims at providing a perspective for the developments in these countries.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper examines the pattern of foreign direct investment (FDI) in the Central and Eastern European Countries (CEEC) and Turkey during the 1990-2013 period.
📊
Key Findings & Data:The study aims to investigate the basic determinants of FDI inflows into the CEEC and Turkey, and accentuates the importance of transition-specific factors such as the level and method of privatization and the country risk in the CEEC and Turkey.
💡
Conclusion & Impact:Finally, a discussion of macroeconomic indicators in the CEEC and Turkey aims at providing a perspective for the developments in these countries.
🔬Design:Research Article
📍Scope:2013 Verileri
⚙️Variables:DYY · Gelişme · Uluslarüstü Şirketler

Abstract

This paper examines the pattern of foreign direct investment (FDI) in the Central and Eastern European Countries (CEEC) and Turkey during the 1990-2013 period. The study aims to investigate the basic determinants of FDI inflows into the CEEC and Turkey, and accentuates the importance of transition-specific factors such as the level and method of privatization and the country risk in the CEEC and Turkey. A comparison of FDI inflows to Turkey and the CEEC is carried out in order to understand the main reasons for these inflows in both areas. Finally, a discussion of macroeconomic indicators in the CEEC and Turkey aims at providing a perspective for the developments in these countries.

Özet

Bu araştırma 1990-2013 döneminde Orta ve Doğu Avrupa Ülkeleri (ODAÜ) ve Türkiye’deki doğrudan yabancı yatırım (DYY) yapısını incelemektedir. Çalışma, ODAÜ ve Türkiye’ye DYY girişlerinin temel belirleyicilerini araştırmakta ve ODAÜ ve Türkiye’deki özelleştirmenin seviye ve yöntemi ve ülke risk düzeyi gibi geçişe-özgü faktörlerin önemini vurgulamaktadır. Bu girişlerin temel belirleyicilerini anlamak için, Türkiye ve ODAÜ arasındaki DYY girişlerinin karşılaştırılması her iki alanda da yapılmaktadır. Son bölüm, ilgili ülkelerdeki son gelişim süreçlerini yansıtmak amacıyla ODAÜ ve Türkiye’deki makroekonomik göstergeleri tartışmaya ayrılmıştır.

🔖

Cite This Article

AYDOĞAN, E. T. (2017). Foreign Direct Investment in Turkey: A Comparison with the Central and Eastern European Countries. Finans Politik ve Ekonomik Yorumlar, Sayı: 626, 89–101. https://ajindex.com/articles/989153

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (12)

  1. AGOSIN, Manuel R., and Roberto MACHADO; (2007), “Openness and the International Allocation of Foreign Direct Investment”, Journal of Development Studies, Vol. 43, No. 7, pp. 1234-47.
  2. AGARWAL, J. P.; (1997), “Effects of Foreign Direct Investment on Employment in Home Countries”, Transnational Corporations, Vol. 6, No. 2, pp.33-55.
  3. AHMED, Faisal, Arezki RABAH, and Funke NORBERT; (2007), “The Composition of Capital Flows to South Africa”, Journal of International Development, No. 19, pp. 275-294.
  4. AKHTAR, Mohammed H. and Hugo RADICE; (2001), “Foreign Direct Investment in Pakistan: Trends and Policy Issues”, Journal of Asian Business, 17:3, pp. 89-96.
  5. ALFARO, Laura, Areendam CHANDA, Sebnem KALEMLİÖZCAN, and Selin SAYEK; (2010), “Does Foreign Direct Investment Promote Growth? Exploring the Role of Financial Markets on Linkages”, Journal of Development Economics, 91, pp. 242-256.
  6. ARICANLI, Tosun and Dani RODRIK; (1990), “An Overview of Turkey’s Experience with Economic Liberalisation and Structural Adjustment”, World Development, Vol. 18, No. 10, pp. 1343-1350.
  7. BLONIGEN, Bruce A.; (2005), “A Review of the Empirical Literature on FDI Determinants”, Atlantic Economic Journal, Vol. 33, pp. 383-403.
  8. CARSTENSEN, Kai and Farid TOUBAL; (2004), “Foreign Direct Investment in Central and Eastern European Countries: A Dynamic Panel Analysis”, Journal of Comparative Economics, Vol. 32, Issue: 1, pp. 3-22. CENTRAL BANK OF TURKEY, (2013), Foreign Direct Investment in Turkey by Countries, available at evds.tcmb.gov.tr/yeni/ cbt-uk.html, retrieved 30/01/2014. CENTRAL BANK OF TURKEY, (2007, 2011, 2012-various years), available at www.tcmb.gov.tr/yeni/eng/, retrieved 15/01/2014.
  9. CSABA, Laszlo; (2000), “Between Transition and EU Accession: Hungary at the Millennium”, Europe-Asia Studies, Vol. 52, No. 5, pp. 805-827.
  10. ÇUBUK, M. G.; (1999), How does Foreign Direct Investment affect Turkish Economy, Yeditepe University, Institute of Social Sciences, MA Thesis, Yeditepe University, Istanbul. DEICHMAN, Joel, Socrates KARIDIS, and Selin SAYEK; (2003), “Foreign Direct Investment in Turkey: Regional Determinants”, Applied Economics, 35(16), pp. 1767-1778.
  11. DOLLAR, David; (1992), “Outward-Oriented Developing Countries really do grow more rapidly: Evidence from 95 LDCs, 1976-85”, Economic Development and Cultural Change, Vol. 40(3) April, pp. 523-44.
  12. DUTZ, Mark, Melek US, and Kamil YILMAZ; (2005), “Turkey’s Foreign Direct Investment Challenges: Competition, the Rule of Law and EU Accession”, i