The Impact of Trade Openness on Foreign Direct Investments: Time Series Analysis for Türkiye

Samed Tavus; Hasan Azazi

Makale detayları

The Impact of Trade Openness on Foreign Direct Investments: Time Series Analysis for Türkiye

Yazarlar:

Samed Tavus | Hasan Azazi

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Makro İktisat (Diğer)

Dergi:

Politik Ekonomik Kuram Vol.8 Issue 3, pp.784-797

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001328070

pISSN:

2587-2567

Anahtar kelimeler:

Özet:

 Commercial openness is the exchange of information, goods and services, labor, ideas and capital across borders. The rapid development of globalization and technology has created the conditions for the development of political, commercial and social relations between countries. As long as these relations are managed carefully and knowledgeably by the authorities, it is possible for each of the interlocutors to gain at the global level. The impact of foreign direct investments on countries varies depending on their level of development, economies, political and social conditions. In this research, it is aimed to determine the short- and long-term relationships between trade openness and direct foreign capital investments in Turkey for the annual data for the period 1970-2022. As a result of Johansen cointegration analysis, it was determined that when trade openness increased by 1, foreign direct investments would increase by 4.8, and a positive relationship was observed. In the model, the coefficient of the error correction term is negative and statistically significant, and a positive relationship was obtained in the short term. As a result of Granger causality analysis, one-way causality was obtained between the TDA variable and FDI.

 Commercial openness is the exchange of information, goods and services, labor, ideas and capital across borders. The rapid development of globalization and technology has created the conditions for the development of political, commercial and social relations between countries. As long as these relations are managed carefully and knowledgeably by the authorities, it is possible for each of the interlocutors to gain at the global level. The impact of foreign direct investments on countries varies depending on their level of development, economies, political and social conditions. In this research, it is aimed to determine the short- and long-term relationships between trade openness and direct foreign capital investments in Turkey for the annual data for the period 1970-2022. As a result of Johansen cointegration analysis, it was determined that when trade openness increased by 1, foreign direct investments would increase by 4.8, and a positive relationship was observed. In the model, the coefficient of the error correction term is negative and statistically significant, and a positive relationship was obtained in the short term. As a result of Granger causality analysis, one-way causality was obtained between the TDA variable and FDI.

 Commercial openness is the exchange of information, goods and services, labor, ideas and capital across borders. The rapid development of globalization and technology has created the conditions for the development of political, commercial and social relations between countries. As long as these relations are managed carefully and knowledgeably by the authorities, it is possible for each of the interlocutors to gain at the global level. The impact of foreign direct investments on countries varies depending on their level of development, economies, political and social conditions. In this research, it is aimed to determine the short- and long-term relationships between trade openness and direct foreign capital investments in Turkey for the annual data for the period 1970-2022. As a result of Johansen cointegration analysis, it was determined that when trade openness increased by 1, foreign direct investments would increase by 4.8, and a positive relationship was observed. In the model, the coefficient of the error correction term is negative and statistically significant, and a positive relationship was obtained in the short term. As a result of Granger causality analysis, one-way causality was obtained between the TDA variable and FDI.

 Ticari dışa açıklık, bilgilerin, mal ve hizmetlerin, emeğin, düşüncenin ve tüm bunlar ile birlikte sermayenin sınırlar arasındaki alışverişidir. Küreselleşmenin ve teknolojinin hızla gelişmesi, ülkeler arası siyasi, ticari ve sosyal ilişkilerin de gelişmesine uygun ortamı hazırlamıştır. Bu ilişkilerin yetkililer tarafından özenli ve bilgili bir şekilde yönetildiği sürece küresel düzeyde muhatapların her birinin kazançlı çıkması mümkündür. Doğrudan yabancı sermaye yatırımlarının ülkeler üzerindeki etkisi, ülkelerin gelişmişlik düzeylerine, ekonomilerine, siyasi ve sosyal durumlarına bağlı olarak farklılık göstermektedir. Bu araştırmada, 1970-2022 dönemi yıllık veriler için, Türkiyede ticari dışa açıklığın, doğrudan yabancı sermaye yatırımları üzerindeki kısa ve uzun dönem ilişkilerinin belirlenmesi amaçlanmıştır. Johansen eşbütünleşme analizi sonucunda, ticari dışa açıklık 1 arttığında, doğrudan yabancı yatırımların 4,8 oranında artış göstereceği belirlenmiştir, pozitif yönlü bir ilişki olduğu görülmüştür. Modelde, hata düzeltme teriminin katsayısı negatif ve istatistiksel olarak anlamlıdır, kısa dönemde de pozitif yönlü ilişki elde edilmiştir. Granger nedensellik analizi sonucunda, TDA değişkeni ve DYY arasında tek yönlü nedensellik elde edilmiştir.

Makale detayları

The Impact of Trade Openness on Foreign Direct Investments: Time Series Analysis for Türkiye

Yazarlar:

Samed Tavus | Hasan Azazi

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Makro İktisat (Diğer)

Dergi:

Politik Ekonomik Kuram Vol.8 Issue 3, pp.784-797

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001328070

pISSN:

2587-2567

Foreign capital

foreign direct ınvestments

trade opennessYabancı sermaye

doğrudan yabancı sermaye yatırımları

ticari dışa açıklık

Sayı

Makale detayları

The Impact of Trade Openness on Foreign Direct Investments: Time Series Analysis for Türkiye

Yazarlar: Samed Tavus | Hasan Azazi

Yayıncı: Ahmet Arif EREN

Ana Başlıklar: Makro İktisat (Diğer)

Dergi: Politik Ekonomik Kuram Vol.8 Issue 3, pp.784-797

Belge Tipi: Makale

Yayın Tarihi: 9/2024

Belge Dili: Türkçe

Document ID (Org No.): 2001328070

pISSN: 2587-2567

Foreign capital

foreign direct ınvestments

trade opennessYabancı sermaye

doğrudan yabancı sermaye yatırımları

ticari dışa açıklık

Sayı

Yazarlar:

Samed Tavus | Hasan Azazi

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Makro İktisat (Diğer)

Dergi:

Politik Ekonomik Kuram Vol.8 Issue 3, pp.784-797

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001328070

pISSN:

2587-2567