An Empirical Study on the Relationship between Foreign Direct Investments and Ease of Doing Business

Abstract

Rules that are based on the regulation of economic, social and political life can differentiate the economic performances of countries. Effective use of these rules can provide growth and prosperity in economies where entrepreneurship is supported and that the creative capacities are encouraged. Access to an advanced level of growth and wealth is often associated with increased direct investments. Therefore, it would be appropriate to design the rules that will direct the economy so as to facilitate investments. The purpose of this study is to test the effects of the taxes, procedures for establishing business and the ease of doing business rankings on the net foreign direct investment inflows. As a result of the panel data analysis that conducted by The World Bank data for ten countries with the highest net foreign direct investment in 2015; the total number of tax payments and the time that required to start a business have significant impact on the net foreign direct investment inflows

Keywords

• Ease of Doing Business, Net Foreign Direct Investment, Tax, Panel Data Analysis

Doğrudan Yabancı Yatırımlar ve İş Yapabilme Kolaylığı İlişkisi Üzerine Ampirik Bir İnceleme

Abstract

İktisadi, sosyal ve politik yaşamın kurgulanmasında esas alınan kurallar ülkelerin ekonomik performanslarını farklılaştırabilmektedir. Bu kuralların etkin biçimde kullanılarak girişimciliğin desteklendiği ve yaratıcı kapasitenin ortaya çıkarılmasının olanaklı olduğu ekonomilerde büyüme ve refah artışının temini mümkündür. Büyüme ve refahın ileri bir düzeye erişebilmesi çoğunlukla doğrudan yatırımların arttırılmasıyla ilişkilendirilmektedir. Dolayısıyla ekonomiyi yönlendirecek olan kuralların, yatırımları kolaylaştıracak biçimde tasarlanması amaca uygun olacaktır.Bu çalışmanın amacı; vergiler ve iş kurabilmek için gerekli prosedürler ile iş yapabilme kolaylığı sıralamasının, net doğrudan yabancı yatırım girişleri üzerindeki etkisini test etmektir. Dünya Bankası verilerinin kullanıldığı ve 2015 yılında en fazla net doğrudan yabancı yatırım alan on ülke için gerçekleştirilen panel veri analizi sonucunda, toplam ödenen vergi sayısı ve işe başlamak için gereken süre ile net doğrudan yabancı yatırımlar arasında istatistiki olarak anlamlı bir ilişkinin varlığı tespit edilmiştir.

Keywords

• İş Yapabilme Kolaylığı, Net Doğrudan Yabancı Yatırım, Vergi, Panel Veri Analizi

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