International Conference on Eurasian Economies
29-31 August 2016 – Kaposvár, HUNGARY
Paper detail
Paper ID : 1726
Status : Paper published
Language : Turkish
Topic : Growth and Development
Presenter: Ph.D. candidate Yılmaz Köprücü
Session : 2E Büyüme II
The Effect of Foreign Direct Investment on Economic Growth: Turkey Case
Doğrudan Yabancı Yatırımların Ekonomik Büyüme Üzerindeki Etkisi: Türkiye Örneği
- Ph.D. candidate Yılmaz Köprücü (Eskişehir Osmangazi University, Türkiye)
Abstract
From the second half of the 20th century, foreign direct investment (fdi) has gone to the developing countries and has affected economic growth. The so-called effect has taken attention of some researchers and they have provided a considerable amount of papers for growth literature. Hence, theories about fdi were improved by scientists. In this paper, the long run relationship between fdi and growth in Turkey for the years 1980-2011will be examined. The method used for investigating the relationship is Johansen coentegration. The variables are the growth rate of GDP per person (y), foreign direct investment (fdi), human capital (hc), openness (open) and investment (i). We use natural logarithm of GDP per person and investment variables. The data acquired from World Bank web site and Penn World Tables web site. According to analytical findings, we monitored that the variables’ first differences are stationary and there is a long run relationship between fdi and economic growth.
JEL codes: O49, E22
Köprücü, Yılmaz (2016). "The Effect of Foreign Direct Investment on Economic Growth: Turkey Case" in Proceedings of International Conference of Eurasian Economies 2016, pp.809-813, Kaposvár, HUNGARY.
DOI: https://doi.org/10.36880/C07.01726
