The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries

Year 2017, , 117 - 133, 30.06.2017

Demet Yaman Songur

https://doi.org/10.25229/beta.277502

Cited By: 5

Abstract

Foreign
direct investment has played a significant role for developing countries in
their transition and development process. Therefore, the aim of this study is
to examine the impact of the foreign direct investments and the foreign trade
on GDP for 7 Eurasian Countries by using panel data methods. Accordingly to the
results of analysis, there is an evidence of a long-term relationship between
foreign direct investments, foreign trade and GDP for the 1996-2013 period. On
the other hand, according to the results of AMG Estimator, import and export
has a positive impact on GDP. However, there isn’t a statistically significant
relationship between foreign direct invesment and GDP.

Keywords

Foreign Direct Investment, Economic Growth, Foreign Trade, Panel Data Analysis

Doğrudan Yabancı Yatırımlar ve Dış Ticaret’in Gayri Safi Yurtiçi Hasıla Üzerine Etkisi: Avrasya Ülkeleri Örneği

Abstract

Son
yıllarda küreselleşme olgusuyla beraber hem dış ticaret hem de doğrudan yabancı
yatırımlar ekonomik büyüme üzerine etkisi olan önemli faktörler olarak
karşımıza çıkmaktadırlar. Dış ticaretin ve doğrudan yabancı yatırımların
ekonomik büyüme üzerine etkisi birçok iktisatçı için önemli bir araştırma alanı
olmuştur. Bu bağlamda, bu çalışma 1996-2013 dönemine ait yıllık veriler
kullanılarak 7 Avrasya Ülkesi için Durbin Hausman Panel Eşbütünleşme Analizi ve
Panel AMG tahmincisi yardımıyla GSYH üzerine doğrudan yabancı yatırımların ve
dış ticaretin etkisini araştırmaktadır. Elde edilen bulgular değişkenler
arasında uzun dönemli bir ilişkinin olduğunu göstermektedir. Eşbütünleşme
katsayılarının sonuçları, ithalat ve ihracatın olumlu bir etkiye sahip olduğunu
fakat doğrudan yabancı yatırımlarının GSYİH ile ilişkisinin istatistiksel
olarak anlamlı olmadığını göstermektedir.

Keywords

Doğrudan Yabancı Yatırımlar, Ekonomik Büyüme, Dış Ticaret, Panel Veri Analiz

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