Doğrudan Yabancı Yatırımlar İstihdamı Etkiliyor mu?: Türkiye Örnekleminde ARDL Sınır Testi Yaklaşımı
Year 2016,
Issue: 614, 9 - 20, 01.04.2016
Buhari Doğan
,
Muhlis Can
Abstract
Doğrudan Yabancı Yatırımlar (DYY) gittikleri ülkelerin birçok ekonomik parametresini etkilemektedir. Bunların başında da istihdam gelmektedir. Çalışmada, Türkiye örnekleminde DYY’nin istihdam üzerindeki etkisi 1970-2011 dönemi için incelenmesi amaçlanmıştır. Çalışmanın ampirik bölümünde sınır testi yaklaşımı (ARDL) kullanılmıştır. Elde edilen ampirik bulgular, ülkeye gelen DYY’lerin istihdama etkisinin istatistiksel olarak anlamlı olmadığını göstermiştir. Bunun yanında elde edilen katsayının negatif olması DYY’lerin istihdamı azalttığı yönünde bilgi vermektedir
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- KARLSSON, Sune, LUNDIN, Nannan, SJOHOLM, Fredrik and PING He; (2009) “Foreign Firms and Chinese Employment” The World Economy, pp.179-201.
- MARIOTTI, Sergio, MUTINELLI, Marco and PISCITELLO Lucia; (2003), “Home Country Employment and Foreign Direct Investment: Evidence from the Italian Case”, Cambridge Journal of Economics, 27(3), pp.419-431.
- McCULLOCH, Rachel; (1993), “Foreign Direct Investment, National Bureau of Economic Research”, Ed. K. A. FROOT, The University of Chicago Press, Chicago ve London, 1993.
- MOOSA, Imad. A; (2002), Foreign Direct Investment Theory, Evidence and Practice, Palgrave, New York, USA.
- MORLEY, Bruce; (2006), “Causality Between Economic Grow th and Immigration: An ARDL Bound Testing Approach”, Economic Letters, 90, pp.72-76.
- NARAYAN, Paresh Kumar; (2005), “The Saving and Investment Nexus for China: Evidence from Cointegration Tests”, Applied Economics, 37(17), pp.1979-1990.
- OECD; (2003), “Foreign Direct Investment Statistics, How Countries Measure FDI 2001”, Organisation for Economic, Cooperation and Development. ONARAN, Özlem and STOCKHAMMER, Engelbert; (2008), The Effect of FDI and Foreign Trade on Wages in the Central and Eastern European countries in the Post-Transition Era: A Sectoral Analysis For the Manufacturing Industry”, Structural Change and Economic Dynamics, 19, pp.66–80.
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- PEKER, Osman ve GÖÇER, İsmet; (2010), “Yabancı Doğrudan Yatırımların Türkiye’deki İşsizliğe Etkisi: Sınır Testi Yaklaşımı”, Ege Akademik Bakış Dergisi, 10(4), ss.1187-1194.
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- PINN S. L. Stan, CHING Sook Kok, KOGID Mori, MULOK Dullah, MANSUR Kasim and LOGANATHAN Nanthakumar; (2011), “Empirical Analysis of Employment and Foreign Direct Investment in Malaysia: An ARDL Bounds Testing Approach to Cointegration”, Advances in Management & Applied Economics, 1(3), pp.77-91
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Does Foreign Direct Investment Affect Employment in Turkey?: An ARDL Bound Testing Approach
Year 2016,
Issue: 614, 9 - 20, 01.04.2016
Buhari Doğan
,
Muhlis Can
Abstract
Foreign Direct Investment (FDI) affects many economic parameters of the host countries. One of the most important effects is employment. In this study, we would like to investigate the effect of foreign direct investment (FDI) on employment over the period 1970-2011 in Turkey bu using the bound testing (ARDL) approach. The empirical results show that the effect of inward FDI has no statistically significant effect on employment. In addition, the negative sing of FDI shows that FDI affects employment negatively
References
- AJAGA Elias and NUNNENKAMP Peter; (2008), “Inward FDI, Value Added and Employment in US States: A Panel Cointegration Approach”, Kiel Working Papers, 1420, Kiel Institute for the World Economy, Kiel.
- AKTAR, Ismail and OZTURK, Latif; (2009), “Can Unemployment be Cured by Economic Growth and Foreign Direct Investment in Turkey?” International Research Journal of Finance and Economics, 27, pp.203-211.
- ANDERSEN, Palle and Philippe HAINAUT; (1998), “Foreign Direct Investment and Employment in the Industrial Countries”, BIS Working Paper, No: 61.
- APERGIS, Nicholas, Katrakilidis P. CONTANTINOS and Nikolaos M. TABAKIS; (2006), “Dynamic Linkages Between FDI Inflows and Domestic Investment: A Panel Cointegration Approach”, Atlantic Economic Journal, 34(4), pp.385-394.
- BLOMSTROM, Magnus, Arı KOKKO and Mario ZEJAN; (2000), Foreign Direct Investment Firm and Host Country Strategies, Macmillan Press Ltd, Hampshire and London, UK, St.Martin’s Press Inc, New York, USA.
- BLOMSTROM, Magnus, Gunnar FORS and Robert E. LIPSEY (1997), “Foreign Direct Investment and Employment: Home Country Experience in the United States and Sweden”, NBER Working Papers, No: 6205.
- BRADY, David and WALLACE Michael; (2000), “Spatialization, Foreign Direct Investment, and Labor Outcomes in the American States, 1978-1996”, Social Forces, 79(1), pp. 67-105.
- BRAINARD, S.Lael. and RIKER, David. A. ; (1997), “Are U.S. Multinationals Exporting U.S. Jobs?”, NBER Discussion Paper, 5958, National Bureau of Economic Research, Cambridge, Mass.
- CHANG, Shu Chen; (2007), “The Interactions Among Foreign Direct Investment, Economic Growth, Degree of Openness and Unemployment in Taiwan”, Applied Economics, 39(13), pp.1647-1661.
- CRESPO, Nuna and Maria Paula, FONTOURA; (2007), “Determinant Factors of FDI Spillovers- What Do We Really Know?”, World Development, 35(3), pp.410-425.
- DPT; (2000), Sekizinci Beş Yıllık Kalkınma Planı, Doğrudan Yabancı Sermaye Yatırımları Özel İhtisas Komisyonu Raporu: 532, Ankara.
- DRIFFIELD Nigel and TAYLOR, Karl; (2000), “FDI and the Labour Market: A Review of the Evidence and Policy Implications”, Oxford Review of Economic Policy, 16(3), pp.90-103.
- ENGLE, Robert F. and W.J. Clive GRANGER; (1987), “Coİntegration and Error Correction: Representation, Estimation and Testing”, Econometrica, 55(2), pp.251-276.
- FAZEKAS, Karoly; (2003), “Effects Of Foreıgn Dırect Investment On The Performance Of Local Labour Markets– The Case Of Hungary”, Budapest Working Papers No.2003/3 Labour Research Department, Institute of Economics, Hungarian Academy of Sciences Department of Human Resources, Budapest University of Economics and Public Administration.
- FU, Xiaolan and V.N. BALASUBRAMANYAM; (2005), “Exports, Foreign Direct Investment and Employment: The Case of China”, World Economy, 28(4), pp.607-625.
- GÖÇER, İsmet, MERCAN Mehmet ve PEKER Osman; (2013), “İhracat, Doğrudan Yabancı Yatırımlar ve İşsizlik: Türkiye Örneği”, Busıness And Economıcs Research Journal, 4(1), ss.103-120.
- GÖÇER İsmet ve PEKER Osman; (2014), “Yabancı Doğrudan Yatırımların İstihdam Üzerindeki Etkisi: Türkiye, Çin ve Hindistan Örneğinde Çoklu Yapısal Kırılmalı Eşbütünleşme Analizi”, Celal Bayar Üniversitesi İ.İ.B.F. Yönetim ve Ekonomi Dergisi, 21(1), ss.107-123.
- HIRST, Paul. and Grahame THOMPSON; (2007), Küreselleşme Sorgulanıyor, Dost Kitapevi, Çev. Çağla Erdem ve Elif Yücel, 4.Baskı, Ankara.
- HISARCIKLILAR, Mehtap, GULTEKIN-KARAKAŞ, Derya and AŞICI Ahmet Atıl; (2009), “Can FDI be a Panacea For Unemployment? The Turkish Case”, Workshop on Labour Markets
- Trade and FDI, Istanbul Technical University, October, İstanbul, http://www.esam.itu.edu.tr/NottinghamWorkshopPapers/Hisarciklilar-Karakas-Asici-NW.pdf, Son Erişim (16.11.2015).
- IWAMOTO, Manabu and NABESHIMA, Kaoru; (2012), “Can FDI promotes export diversification and sophistication of host countries? Dynamic Panel System GMM Analysis” IDE Discussion Paper No. 347.
- JALIL, Abdul;.(2012), “Modeling Income Inequality and Openness In The Framework of Kuznets Curve: New Evidence From China”, Economic Modelling, 29, pp.309-315.
- JAVORCIK, Beata. S. and Mariana SPATAREANU; (2005), Disentangling FDI Spillover Effects: What Do Firm Perception Tell Us?, İçinde Does Foreign Direct Investment Promote Development?, Ed. T. H. MORAN, E. M. GRAHAM ve M. BLOMSTRÖM, Institute for International Economics and the Center for Global Development, Washington.
- JAYARAMAN, Tiru. K. and SINGH, Baljeet; (2006), “Impact of Foreign Direct Investment on Employment in Pacific Island Countries : An Emprical Study of Fiji”, Working Paper, No.2006/32, University of the South Pacific, USPSE.
- JOHANSEN, Soren and JUSELIUS, Katarina; (1990), “Maximum Likelihood Estimation and Inferences on CointegrationWith Applications to the Demand For Money”, Oxford Bulletin of Economics and Statistics, 52, pp.169-210.
- JOHANSEN, Soren; (1988), “Statistical Analysis of Cointegration Vectors”, Journal of Economic Dynamics and Control, 12, pp.231-254.
- KARAGÖZ, Kadir; (2007), “Bir Sosyal Politika Aracı Olarak İstihdamın Artırılmasında Doğrudan Yabancı Yatırımların Etkisi” İstanbul Üniversitesi, İktisat Fakültesi Metodoloji Ve Sosyoloji Araştırmaları Merkezi, Sosyoloji Konferansları Dergisi, 36, ss.99-114.
- KARLSSON, Sune, LUNDIN, Nannan, SJOHOLM, Fredrik and PING He; (2009) “Foreign Firms and Chinese Employment” The World Economy, pp.179-201.
- MARIOTTI, Sergio, MUTINELLI, Marco and PISCITELLO Lucia; (2003), “Home Country Employment and Foreign Direct Investment: Evidence from the Italian Case”, Cambridge Journal of Economics, 27(3), pp.419-431.
- McCULLOCH, Rachel; (1993), “Foreign Direct Investment, National Bureau of Economic Research”, Ed. K. A. FROOT, The University of Chicago Press, Chicago ve London, 1993.
- MOOSA, Imad. A; (2002), Foreign Direct Investment Theory, Evidence and Practice, Palgrave, New York, USA.
- MORLEY, Bruce; (2006), “Causality Between Economic Grow th and Immigration: An ARDL Bound Testing Approach”, Economic Letters, 90, pp.72-76.
- NARAYAN, Paresh Kumar; (2005), “The Saving and Investment Nexus for China: Evidence from Cointegration Tests”, Applied Economics, 37(17), pp.1979-1990.
- OECD; (2003), “Foreign Direct Investment Statistics, How Countries Measure FDI 2001”, Organisation for Economic, Cooperation and Development. ONARAN, Özlem and STOCKHAMMER, Engelbert; (2008), The Effect of FDI and Foreign Trade on Wages in the Central and Eastern European countries in the Post-Transition Era: A Sectoral Analysis For the Manufacturing Industry”, Structural Change and Economic Dynamics, 19, pp.66–80.
- PENN WORLD TABLE, http://www.rug.nl/research/ggdc/data/ pwt/, Son Erişim (10.10.2015).
- PEKER, Osman ve GÖÇER, İsmet; (2010), “Yabancı Doğrudan Yatırımların Türkiye’deki İşsizliğe Etkisi: Sınır Testi Yaklaşımı”, Ege Akademik Bakış Dergisi, 10(4), ss.1187-1194.
- PESARAN, M.Hashem , SHIN Yongcheol and Richard J. SMITH; (2001), “Bounds testing approaches to the analysis of level relationships”, Journal of Applied Econometrics, 16(3), pp.289-326.
- PESARAN, M.Hashem and SHIN, Yongcheol; (1997), “An Autoregressive Distributed Lag Modelling Approach to Cointegration Analysis”, http://citeseerx.ist.psu.edu/viewdoc/dow nload?doi=10.1.1.153.3246&rep=rep1&type=pdf, Son Erişim (17.10.2015).
- PINN S. L. Stan, CHING Sook Kok, KOGID Mori, MULOK Dullah, MANSUR Kasim and LOGANATHAN Nanthakumar; (2011), “Empirical Analysis of Employment and Foreign Direct Investment in Malaysia: An ARDL Bounds Testing Approach to Cointegration”, Advances in Management & Applied Economics, 1(3), pp.77-91
- SARAY, M. Ozan; (2011), “Doğrudan Yabancı Yatırımlarİstihdam İlişkisi: Türkiye Örneği”, Maliye Dergisi, 161, ss.381-403.
- TANG, Tuck Cheong; (2003) “Japanese Aggregate Import Demand Function: Reassessment from the ‘Bounds’ Testing Approach”, Japan and World Economy, 15, pp.419-436.
- TARI, Recep; (2011), Ekonometri, Umuttepe Yayınları, 11. Baskı, Kocaeli.
- UNCTAD;(2014),http://unctadstat.unctad.org/wds/TableViewer/tableView.aspx. Erişim:18.11.2015.
- WILLIAMS, David; (2003), “Explaining Employment Changes in Foreign Manufacturing Investment ın the UK”, International Business Review, 12(4), pp.479-497.
- VERGİL, Hasan ve AYAŞ, Necla; (2009), “Doğrudan Yabancı Yatırımların İstihdam Üzerindeki Etkileri: Türkiye Örneği”, İktisat İşletme ve Finans, 24(275), ss.89-114.
- YAYLI, Şifa ve DEĞER M. Kemal;(2012), “Doğrudan Yabancı Yatırımlar ve İstihdam Arası İlişkiler: Gelişmekte Olan Ülkeler Üzerine Dinamik Panel Veri Nedensellik Analizleri (1991- 2008)”, Finans Politik & Ekonomik Yorumlar, 49(568), ss.43-63.