FDI and Economic Growth Relationship Based on Cross-Country Comparison

Faruk Gursoy; Ahmet Sekreter; Huseyin Kalyoncu

Makale detayları

FDI and Economic Growth Relationship Based on Cross-Country Comparison

Yazarlar:

Faruk Gursoy | Ahmet Sekreter | Huseyin Kalyoncu

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2013 Vol.3 Issue 2, pp.519-524

Belge Tipi:

Makale

Yayın Tarihi:

5/2013

Belge Dili:

Türkçe

Document ID (Org No.):

2000814710

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

This paper aims to investigate empirically the impact of FDI on economic growth for Azerbaijan, Kyrgyz Republic, Kazakhstan, Tajikistan, Turkmenistan, and Uzbekistan over the period 1997-2010. The Johansen cointegration and Granger causality tests are used in order to analyze the causal relationship between FDI and economic growth. It is crucial to see the directions of causality between two variables for the policy makers to encourage private sectors. The cointegration test results indicated that FDI and Economic Growth variables are cointegrated for Azerbaijan and Turkmenistan. By using Granger Causality test we found that FDI causes GDP for Azerbaijan and bidirectional causality is observed for Turkmenistan.

Makale detayları

FDI and Economic Growth Relationship Based on Cross-Country Comparison

Yazarlar: Faruk Gursoy | Ahmet Sekreter | Huseyin Kalyoncu

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2013 Vol.3 Issue 2, pp.519-524

Belge Tipi: Makale

Yayın Tarihi: 5/2013

Belge Dili: Türkçe

Document ID (Org No.): 2000814710

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Faruk Gursoy | Ahmet Sekreter | Huseyin Kalyoncu

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2013 Vol.3 Issue 2, pp.519-524

Belge Tipi:

Makale

Yayın Tarihi:

5/2013

Belge Dili:

Türkçe

Document ID (Org No.):

2000814710

Sıklık:

İki Aylık

eISSN:

2146-4138