THE RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENT and ECONOMIC GROWTH IN TURKEY: AN ARDL BOUNDS TESTING APPROACH
TÜRKİYE’DE DOĞRUDAN YABANCI SERMAYE YATIRIMLARI ve EKONOMİK BÜYÜME İLİŞKİSİ: ARDL SINIR TESTİ YAKLAŞIMI

Author : Dilek ŞAHİN
Number of pages : 159-172

Abstract

Foreign direct investment has an important role in economic growth in developing countries. Foreign direct investment is extremely important in Turkey. These investments are seen as an international capital flows mostly made by multinational companies. Actually, the most important effect in terms of foreign direct investment in developing countries is the contribution to the national income. In this study, ıt was analyzed between foreıgn direct investment and economic growth in Turkey. 1980-2013 period were analyzed in this study. ARDL bounds test was used for this analysis. As a result of this test model of economic growth as the dependent variable was statistically significant. Also, it was found to be statistically significant relationship the foreign direct investment towards economic growth in long term.

Keywords

Foreign Direct Investment, Economic Growth, ARDL Bounds Testing Approach.

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