Research Article

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

Volume: 2 Number: 2 June 30, 2017
EN TR

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

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

References

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APA
Yaman Songur, D. (2017). The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries. Bulletin of Economic Theory and Analysis, 2(2), 117-133. https://doi.org/10.25229/beta.277502
AMA
1.Yaman Songur D. The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries. Beta. 2017;2(2):117-133. doi:10.25229/beta.277502
Chicago
Yaman Songur, Demet. 2017. “The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries”. Bulletin of Economic Theory and Analysis 2 (2): 117-33. https://doi.org/10.25229/beta.277502.
EndNote
Yaman Songur D (June 1, 2017) The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries. Bulletin of Economic Theory and Analysis 2 2 117–133.
IEEE
[1]D. Yaman Songur, “The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries”, Beta, vol. 2, no. 2, pp. 117–133, June 2017, doi: 10.25229/beta.277502.
ISNAD
Yaman Songur, Demet. “The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries”. Bulletin of Economic Theory and Analysis 2/2 (June 1, 2017): 117-133. https://doi.org/10.25229/beta.277502.
JAMA
1.Yaman Songur D. The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries. Beta. 2017;2:117–133.
MLA
Yaman Songur, Demet. “The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries”. Bulletin of Economic Theory and Analysis, vol. 2, no. 2, June 2017, pp. 117-33, doi:10.25229/beta.277502.
Vancouver
1.Demet Yaman Songur. The Effect of Foreign Direct Investments and Foreign Trade on Gross Domestic Product: The Case of the Eurasian Countries. Beta. 2017 Jun. 1;2(2):117-33. doi:10.25229/beta.277502