FOREIGN DIRECT INVESTMENT AND WAGES: EMPIRICAL EVIDENCE FROM TURKEY

Year 2014, Volume: 32 Issue: 1, 191 - 209, 30.06.2014

Bahar Bayraktar Sağlam , Keziban Yıldırım

https://doi.org/10.17065/huiibf.08420

Cited By: 1

Abstract

Foreign Direct İnvestment and Wages: Empirical Evidence from Turkey Labor market effects of foreign direct investment have gained an important ground for recipient countries. Within this context, this article attempts to delve deeper into these topics and provides empirical answers to the question of whether foreign direct investment has positive and significant impact on Turkish labor market in terms of real wages. In this study, the effects of foreign direct investment on real wages were examined in Turkey for the period of 1992:1-2008:4 by the help of variance decomposition and impulse response functions of vector autoregression (VAR) model. According to the empirical results, foreign direct investment has negative but insignificant effects on wages, whereas the volume of trade can contribute positively and significantly to the rise in real wages

Keywords

Foreign direct investment, wages, vector autoregression

DOĞRUDAN YABANCI YATIRIMLAR VE ÜCRETLER: TÜRKİYE EKONOMİSİ İÇİN BİR UYGULAMA

Abstract

Dogrudan yabancı yatırımların isgücü piyasalarına etkileri son yıllarda ev sahibi ülkeler için önemli bir konu haline gelmistir. Özellikle yabancı yatımlar ve ücretler arasındaki etkilesim literatürde önemli bir yer tutmaktadır. Ücretlerin yabancı yatırım çekme aracı olarak kullanılması ve yabancı firmaların yerel firmalar üzerinde yarattıgı ücret yayılımları etkisi oldukça dikkat çekmistir. Bu çalısmada, 1992: 1-2008: 4 periyodu için dogrudan yabancı yatırımların Türkiye’de ücretler üzerine etkileri vektör otoregresyon (VAR) modeli- varyans ayrıstırması ve etki tepki fonksiyonları yardımıkullanılarak analiz edilmistir. Yapılan detaylı zaman serisi analizi dogrudan olduguna isaret ederken, ticaretin ücretler üzerine olumlu ve anlamlı etkilerinin

oldugunu ortaya çıkarmıstır.

Keywords

Doğrudan yabancı yatırımlar, ücretler, VAR modeli

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