RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH IN TURKEY AFTER THE GLOBAL FINANCIAL CRISIS

Mustafa Göktu? Kaya () and Perihan Hazel Kaya ()
Additional contact information
Mustafa Göktu? Kaya: The Ministry of Finance, Tax Inspector Association
Perihan Hazel Kaya: Selcuk University

No 4106831, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: With the globalization process, economic, commercial and technological boundaries have become uncertain and in this way capital transfer has been possible between different countries. Capital transfers which is realized through short term portfolio investment and foreign direct investment are very important for the countries. In this study on existence of a potential relationship between economic growth (GDP) and foreign direct investment (FDI) was examined fort he period of 2008-2015 quarterly for Turkish economy after the global financial crisis. the mentioned relationship was investigated using stationary, test, Johansen-Juselius co-entegration test, Granger causality test and variance decomposition. As a result, Granger causality test, variance decomposition showed that there exit a uni-directional causality relation running from GDP to FDI.

Keywords: Foreign Direct Investment; Economic Growth; Turkish Economy; Co-Entegration Test (search for similar items in EconPapers)
JEL-codes: A10 C01 E00 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2016-10
New Economics Papers: this item is included in nep-ara, nep-cwa and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Proceedings of the Proceedings of the 25th International Academic Conference, OECD Headquarters, Paris, Oct 2016, pages 232-243

Downloads: (external link)
https://iises.net/proceedings/25th-international-a ... =41&iid=031&rid=6831 First version, 2016

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:4106831

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 ().