Research and Development and Foreign Direct Investment Relationship in Turkey: A Bound Testing Approach

Year 2014, Volume: 18 Issue: 1, 77 - 87, 01.06.2014

Muammer Yaylalı Zeynep Karaca

Abstract

In this study, the impact of reserach and development (R&D) expenditures on foreign direct investmnet (FDI) entry were investigated using data for period 1990-2013 by bounds testing approach. As a result, long term between R&D expenditures and foreign direct investment inflows have been found a significant relationship. In the short term analysis, R&D expenditures decrease foreign direct investment inflows after a period despite R&D expenditures increase foreign direct investment inflows during current period.

Keywords

Research and Development Expenditures, Foreign Direct Investment, Bound Testing

Türkiye’de Araştırma Geliştirme Harcamaları ile Doğrudan Yabancı Yatırım İlişkisi: Sınır Testi Yaklaşımı

Abstract

Bu çalışmada, araştırma geliştirme (Ar-Ge) harcamalarının doğrudan yabancı yatırım (DYY) girişi üzerindeki etkisi, 1990-2013 dönemine ait veriler kullanılarak, sınır testi yaklaşımıyla araştırılmıştır. Sonuç olarak, uzun dönemde ARGE harcamaları ile doğrudan yabancı yatırım girişi arasında anlamlı bir ilişki bulunmuştur. Kısa dönem analizinde ise AR-GE harcamalarının doğrudan yabancı yatırım girişini cari dönemde artırmasına rağmen bir dönem sonra azalttığı bulgusu tespit edilmiştir.

Keywords

Araştırma- Geliştirme Harcamaları, Doğrudan Yabancı Yatırım, Sınır Testi

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