Yıl: 2008 Cilt: 0 Sayı: 20 Sayfa Aralığı: 1 - 9 Metin Dili: Türkçe İndeks Tarihi: 29-07-2022

The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey

Öz:
Bu çalışmanın amacı, özellikle 1980 sonrasında sermaye akımlarına serbestlik getiren Türkiye ekonomisindeki doğrudan yabancı yatırım ve ekonomik büyüme arasındaki nedensellik ilişkisini ortaya koymaktır. Bu amaçla büyüme ve doğrudan yabancı yatırım arasındaki nedenselliğin varlığı ve yönü ile ilgili hipotezleri test etmek için Granger nedensellik analizi kullanılmıştır. 1992:1 ve 2006:3 dönemini kapsayan 3 aylık verilerin kullanıldığı bu çalışmada, Türkiye’de doğrudan yabancı yatırımlardan ekonomik büyümeye doğru bir nedensellik bulunmuştur. Yani doğrudan yabancı yatırımlar ile ekonomik büyüme arasında tek yönlü bir ilişki vardır ve bu ilişkinin yönü doğrudan yabancı yatırımlardan ekonomik büyümeye doğrudur.
Anahtar Kelime: nedensellik ekonometrik analizler ekonomik büyüme yabancı sermaye Türkiye Granger nedensellik testi doğrudan yabancı yatırım 1980 Sonrası neoliberal ekonomi

-

Öz:
The aim of this study is to explore the causality relationship between Foreign Direct Investment and economic growth in Turkey, which has liberalized foreign capital inflows especially after 1980s. Granger causality analysis was used in order to test the hypotheses about the presence of causality between Foreign Direct Investment and Economic Growth. The study, which used the quarterly data covering the period between 1992:1 and 2006:3, showed causality relationship from Foreign Direct Investment to Economic Growth in Turkey. In other words, there is a one-way relationship between Foreign Direct Investment and Economic Growth and the direction of this relationship is from Foreign Direct Investment to Economic Growth.
Anahtar Kelime: Turkey Granger causality test foreign direct investment post 1980 neoliberal economy causality econometric analysis economic growth foreign capital

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
  • AFŞAR, M.(2004),“Doğrudan Yabancı Yatırımlar ve Bankacılık Sektörü” EGE Akademik Bakış Dergisi,Ocak-Temmuz.C:4, S:1-2, 89-105.(Turkish)
  • BLOMSTRÖM, M. & KOKKO, A (1998) “Multinational Corporations and Spillovers”, Journal of Economics Surveys, Vol. 12, No. 2. 1-32.
  • BORENZSTEIN, E & GREGORIO, J. & LEE, J.W. (1998) “How Does Foreign Direct Investment Affect Economic Growth?”, Journal of International Economics 45. 115-135.
  • BOSWORTH, B. P & COLLINS, S. M. & REINHART, C. (1999). Brookings Papers on Economic Activity, Vol. 1999, No. 1, 143-180.
  • CHAKRABORTY, C. & BASU, P. (2002) “Foreign Direct Investment and Growth in India: acointegration approach”, Applied Economics, 34:1061-1073.
  • DE MELLO, L.R.( 1999). “Foreign Direct Investment led Growth: Evidence from Time Series and Panel Data”, Oxford Economic Papers, 51:133-151
  • ENDERS, W. (1995) Applied Econometric Time Series, Jonh Wiles and Sons, Canada.
  • ERICSSON, J. & IRANDOUST, M. (2001) “On the Causality Between foreign Direct Investment and Output: A Comparative Study”, The International Trade Journal, 15:122-132
  • FRENKEL, M. & FUNKE, K. & STADTMAN, G. (2004) “A Panel Analysis of Bilateral FDI Flows to Emerging Economies”, Economic Systems. Vol. 28. Issue 3. 281-300.
  • FRIMPONG, J. M. & OTENG-ABAYIE, E. F. (2006) “Bivariate Causality Analysis Between FDI Inflows And Economic Growth in Ghana”, MPRA Paper No. 351, August 2006 (Unpublished): http:// mpra.ub.uni-muenchen.de/ 351/
  • GRANGER, C.W.J. (1969) ‘Investigating Causal Relations By Econometric Models and Cross-Spectral Methods’, Econometrica, (37),424-438
  • GUJARATI, D. (1995): Basic Econometrics. 3rd Edition, McGraw-Hill, New York
  • GÜRAK, H (2003) “Küreselleşme Nereye Götürüyor? Dorudan Yabancı Yatırımlar, Verimlilik ve Gelir Dağılımı”, Verimlilik Dergisi, MPM 2003-2; www.bilgiyonetimi.org/cm /pages/ mkl _gos.php? nt=409 ; 25,11,2004. (Turkish)
  • LIU, X. & BURRIDGE, P. & and SINCLAIR, P.J.N., (2002) “Relationships Between Economic Growth, Foreign Direct Investment and Trade: Evidence from China” Applied Economics, 34: 1433-1440
  • MAKKI, S. S & SOMWARU A. (2004) ”Impact of Foreign Direct Investment and Trade on Economic Growth: Evidence from Developing Countries, American Journal of Agricultural Economics, 86 (3): 795-801.
  • NAIR-REICHERT,U. & WEINHOLD, D. (2001) “Causality Tests for Cross- Country Panels: A New Look at FDI and Economic Growth in Developing Countries”, Oxford Bulletin of Economics and Statistics, 63 (2): 153-171.
  • TARI, R. (2005) Ekonometri, Kocaeli Üniversitesi yayınları, No:172. (Turkish)
  • WAHEED, A. (2004) “Foreign Capital Inflows and Economic Growth of Developing Countries: A Critical Survey of Selected Empirical Studies”. Journal of Economic Cooperation, 25, 1-36.
  • WANG, M., (2002). Manufacturing FDI and Economic Growth: Evidence from Asian Economies, Department of Economics, University of Oregon Mimeo.
APA AFŞAR M (2008). The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. , 1 - 9.
Chicago AFŞAR Muharrrem The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. (2008): 1 - 9.
MLA AFŞAR Muharrrem The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. , 2008, ss.1 - 9.
AMA AFŞAR M The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. . 2008; 1 - 9.
Vancouver AFŞAR M The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. . 2008; 1 - 9.
IEEE AFŞAR M "The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey." , ss.1 - 9, 2008.
ISNAD AFŞAR, Muharrrem. "The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey". (2008), 1-9.
APA AFŞAR M (2008). The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 0(20), 1 - 9.
Chicago AFŞAR Muharrrem The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi 0, no.20 (2008): 1 - 9.
MLA AFŞAR Muharrrem The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, vol.0, no.20, 2008, ss.1 - 9.
AMA AFŞAR M The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi. 2008; 0(20): 1 - 9.
Vancouver AFŞAR M The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey. Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi. 2008; 0(20): 1 - 9.
IEEE AFŞAR M "The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey." Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 0, ss.1 - 9, 2008.
ISNAD AFŞAR, Muharrrem. "The Causality Relationship Between Economic Growth and Foreign Direct Investment in Turkey". Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi 20 (2008), 1-9.