IMPACT OF THE CHANGING OF INFRASTRUCTURE AND INNOVATION ON INVESTMENTS: EMPIRICAL APPLICATION ON TURKEY
ALTYAPI VE İNOVASYON DEĞİŞİMLERİNİN DOĞRUDAN YABANCI YATIRIMLAR ÜZERİNE ETKİSİ: TÜRKİYE ÜZERİNE AMPİRİK BİR UYGULAMA

Author : Faruk MİKE -- Gürçem ORANSAY
Number of pages : 372-381

Abstract

The main objective of this study is the long-term relationship innovation and infrastructure changes that came to Turkey to investigate the determinants of foreign direct investment with an empirical analysis, for the period 1975-2013. This framework has used time series methods in econometric applications in order to gross domestic product (GDP) to evaluate the effect of the market size, real exchange rate to evaluate the impact of rate changes, telephone line as an indicator of infrastructure and the number of patent as an indicator of innovation change, a model was created using four economic variables. According to the statistically significant results estimates; a positive relationship between foreign direct investment have been observed with gross domestic product, exchange rates, infrastructure and number of patent.

Keywords

Foreign Direct Investment, Infrastructure, Innovation, Johansen Cointegration Test

Read: 634

Download: 214