Gelişmekte olan ülkelerde doğrudan yabancı yatırım çıkışlarının yurt içi yatırımlara etkisi

Year 2021, Volume: 24 Issue: 45, 143 - 170, 30.06.2021

Nur Aydın

https://doi.org/10.31795/baunsobed.759453

Abstract

Bu çalışmada gelişmekte olan ülkelerde doğrudan yabancı yatırım çıkışlarının yurt içi yatırımlara etkisi araştırılmıştır. Bu kapsamda çalışma, 1993-2018 dönemi için yatay kesit bağımlılığını ele alan panel veri analiz yöntemleriyle incelenmiştir. Serilerin durağanlığı; CADF (2007) panel birim kök testiyle sınanmış ve serilerin birinci farkları alındığında durağan hale geldiği tespit edilmiştir. Seriler arasındaki eşbütünleşme ilişkisinin varlığı Durbin-Hausman (2008) eşbütünleşme testiyle sınanmış ve seriler arasında eşbütünleşme ilişkisinin olduğu görülmüştür. Uzun ve kısa dönem eşbütünleşme katsayıları ise Panel AMG (2009) yöntemiyle tahmin edilmiştir. Uzun dönem analiz sonucunda; gelişmekte olan ülkelerde doğrudan yabancı yatırım çıkışlarındaki %10’luk bir artış ana ülkenin yurt içi yatırımlarını %1.5 oranında arttırdığı görülmüştür.

Keywords

Doğrudan Yabancı Yatırım Çıkışları, Ana Ülke, Gelişmekte Olan Ülkeler, Yurt İçi Yatırımlar, Panel Veri Analizi

The effect of outward foreign direct investment on domestic investments in developing countries

Abstract

In this study, the effect of outward foreign direct
investment on domestic investments were investigated in the developing
countries. In this context, the study was analyzed with panel data analysis
methods, which consider cross-sectional dependency for the period 1993-2018.
Stationarity of the series has been tested by means of CADF (2007) panel unit
root test and they became stationary in the first difference. Cointegration
relationship among series was tested by Durbin-Hausman (2008) panel cointegration test and cointegration relationship has
been observed. Long and short run cointegration coefficients were estimated by
means of the Panel AMG (2009) method. As a result of long term analysis; in developing countries, a 10%
increase in outward foreign direct investment has increased the home country's domestic
investments by 1.5%.

Keywords

Outward Foreign Direct Investment,, Home Country,, Developing Countries,, Domestic Investments,

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