FOREIGN DIRECT INVESTMENT, ECONOMIC GROWTH AND FOREIGN TRADE: EVIDENCES FROM TURKEY BY TODA- YAMAMOTO CAUSALITY APPROACH

Volume: 13 Number: 27 September 1, 2013
  • Hamza Çeştepe
  • Ertuğrul Yıldırım
  • Melike Bayar
EN TR

FOREIGN DIRECT INVESTMENT, ECONOMIC GROWTH AND FOREIGN TRADE: EVIDENCES FROM TURKEY BY TODA- YAMAMOTO CAUSALITY APPROACH

Abstract

In this paper aspiring to contribute to the empirical literatüre which was achieving conflicting findings about causal relations among foreign direct investment (FDI), economic growth and foreing trade, in the period of 1974-2011, the data set belongs to Turkey was used and fallowing the TodaYamamoto (T-Y) procedure, the long term causal relation among variables were investigated. Unlike from the previous studies in the literatüre, because of the endegoneity among variables, inward FDI, economic growth, export and import were handled in just a VAR model. Achieved findings support “the growth-led export hypothesis”, “the export-led FDI hypothesis” and “the import-led export hypothesis”. These findings may be evaluated as: by the reason of the import-led export structure and this structure couldn’t be changed by the inward FDI, export-led growth hypothesis couldn’t be supported in the pattern of Turkey

Keywords

Details

Primary Language

Turkish

Subjects

-

Journal Section

-

Authors

Hamza Çeştepe This is me

Ertuğrul Yıldırım This is me

Melike Bayar This is me

Publication Date

September 1, 2013

Submission Date

September 1, 2013

Acceptance Date

-

Published in Issue

Year 2013 Volume: 13 Number: 27

APA
Çeştepe, H., Yıldırım, E., & Bayar, M. (2013). DOĞRUDAN YABANCI YATIRIM, EKONOMİK BÜYÜME VE DIŞ TİCARET: TODA-YAMAMOTO YAKLAŞIMIYLA TÜRKİYE’DEN NEDENSELLİK KANITLAR. Akdeniz İİBF Dergisi, 13(27), 1-37. https://izlik.org/JA64WR67AX
AMA
1.Çeştepe H, Yıldırım E, Bayar M. DOĞRUDAN YABANCI YATIRIM, EKONOMİK BÜYÜME VE DIŞ TİCARET: TODA-YAMAMOTO YAKLAŞIMIYLA TÜRKİYE’DEN NEDENSELLİK KANITLAR. Akdeniz İİBF Dergisi. 2013;13(27):1-37. https://izlik.org/JA64WR67AX
Chicago
Çeştepe, Hamza, Ertuğrul Yıldırım, and Melike Bayar. 2013. “DOĞRUDAN YABANCI YATIRIM, EKONOMİK BÜYÜME VE DIŞ TİCARET: TODA-YAMAMOTO YAKLAŞIMIYLA TÜRKİYE’DEN NEDENSELLİK KANITLAR”. Akdeniz İİBF Dergisi 13 (27): 1-37. https://izlik.org/JA64WR67AX.
EndNote
Çeştepe H, Yıldırım E, Bayar M (September 1, 2013) DOĞRUDAN YABANCI YATIRIM, EKONOMİK BÜYÜME VE DIŞ TİCARET: TODA-YAMAMOTO YAKLAŞIMIYLA TÜRKİYE’DEN NEDENSELLİK KANITLAR. Akdeniz İİBF Dergisi 13 27 1–37.
IEEE
[1]H. Çeştepe, E. Yıldırım, and M. Bayar, “DOĞRUDAN YABANCI YATIRIM, EKONOMİK BÜYÜME VE DIŞ TİCARET: TODA-YAMAMOTO YAKLAŞIMIYLA TÜRKİYE’DEN NEDENSELLİK KANITLAR”, Akdeniz İİBF Dergisi, vol. 13, no. 27, pp. 1–37, Sept. 2013, [Online]. Available: https://izlik.org/JA64WR67AX
ISNAD
Çeştepe, Hamza - Yıldırım, Ertuğrul - Bayar, Melike. “DOĞRUDAN YABANCI YATIRIM, EKONOMİK BÜYÜME VE DIŞ TİCARET: TODA-YAMAMOTO YAKLAŞIMIYLA TÜRKİYE’DEN NEDENSELLİK KANITLAR”. Akdeniz İİBF Dergisi 13/27 (September 1, 2013): 1-37. https://izlik.org/JA64WR67AX.
JAMA
1.Çeştepe H, Yıldırım E, Bayar M. DOĞRUDAN YABANCI YATIRIM, EKONOMİK BÜYÜME VE DIŞ TİCARET: TODA-YAMAMOTO YAKLAŞIMIYLA TÜRKİYE’DEN NEDENSELLİK KANITLAR. Akdeniz İİBF Dergisi. 2013;13:1–37.
MLA
Çeştepe, Hamza, et al. “DOĞRUDAN YABANCI YATIRIM, EKONOMİK BÜYÜME VE DIŞ TİCARET: TODA-YAMAMOTO YAKLAŞIMIYLA TÜRKİYE’DEN NEDENSELLİK KANITLAR”. Akdeniz İİBF Dergisi, vol. 13, no. 27, Sept. 2013, pp. 1-37, https://izlik.org/JA64WR67AX.
Vancouver
1.Hamza Çeştepe, Ertuğrul Yıldırım, Melike Bayar. DOĞRUDAN YABANCI YATIRIM, EKONOMİK BÜYÜME VE DIŞ TİCARET: TODA-YAMAMOTO YAKLAŞIMIYLA TÜRKİYE’DEN NEDENSELLİK KANITLAR. Akdeniz İİBF Dergisi [Internet]. 2013 Sep. 1;13(27):1-37. Available from: https://izlik.org/JA64WR67AX