Work

Foreign direct investment and economic growth in Turkey: an empirical investigation by the bounds test for co-integration and causality tests

Year: 2009

Type: article

Abstract: This paper empirically investigates the level relationship and the direction of causality between net foreign direct investment (FDI) inflows and economic growth in Turkey by using the bounds test for co-integration and Granger causality tests. Results suggest that both variables are in long-run equilibrium relationship only when FDI is dependent variable tinder the ARDL (auto-regressive distributed lag) modeling approach. Final investigation in the paper is that economic expansion in Turkey stimulates expansion in net FDI inflows.

Source: University of Zagreb University Computing Centre (SRCE)

Author: Salih Katırcıoğlu

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: green

OpenAlex ID: W129943465

FWCI: 3.356

Cites: 91

Cited by: 22

Related to: 10