FOREIGN DIRECT INVESTMENT AND EXPORT IN TURKEY: A COINTEGRATION ANALYSIS

Adem Ö?üt (ogut.adem@gmail.com), Mehmet Mucuk (mehmetmucuk@selcuk.edu.tr) and Mustafa Tahir Demirsel (mtdemirsel@selcuk.edu.tr)
Additional contact information
Adem Ö?üt: Selcuk University
Mehmet Mucuk: Selcuk University
Mustafa Tahir Demirsel: Selcuk University

No 702290, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: Foreign direct investment has an important role for developing countries. This study aims to investigate the impact of foreign direct investment on export in Turkey over the period of 1992:01-2014:05. The Johansen cointegration, impulse response functions and variance decomposition techniques are used in order to analyse the causal relationship between foreign direct investment and Turkish export. According to obtained findings there is a relationship between these variables in long term. In other words, foreign direct investment and export are cointegrated. Impulse response functions showed that Turkish export reacts positively to shocks in foreign direct investment. Empirical findings suggest that export is affected by foreign direct investment.

Keywords: Foreign Direct Investment; Turkish Export; Turkish Economy (search for similar items in EconPapers)
JEL-codes: A10 F00 F21 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2014-10
New Economics Papers: this item is included in nep-ara, nep-cwa and nep-int
References: Add references at CitEc
Citations:

Published in Proceedings of the Proceedings of the 12th International Academic Conference, Prague, Oct 2014, pages 875-884

Downloads: (external link)
https://iises.net/proceedings/12th-international-a ... d=7&iid=101&rid=2290 First version, 2014

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:0702290

Access Statistics for this paper

More papers in Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova (iises@iises.net).