Foreign Direct Investment And Macro Variables: 2010-2019 An Implementation For Turkey

Year 2020, Volume: 4 Issue: 3, 755 - 769, 30.09.2020

Cumhur Şahin

https://doi.org/10.29023/alanyaakademik.676878

Cited By: 1

Abstract

Among the factors of production, the most needed factor in developing countries is capital. Capital transfer between countries has become very important with the acceleration of globalization. In this context, it is seen that developing countries focus more on foreign direct investment in terms of their economic development. In this study, the relationship between foreign direct investment and consumer price index, indicator interest rate, GDP and trade openness ratio which are thought to affect these investments are analyzed for Turkey's case, as of the last decade between the first quarter of 2010 and the fourth quarter of 2019. According to the empirical findings, it was found that the variables were cointegrated in the long term, in other words, the variables were related to each other in the long term and moved in the same direction.

Keywords

Foreign Direct Investment, Macro Variables, Time Series Analysis

References

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