BibTex RIS Cite

Foreign Direct Investment and Growth Relationship in Georgia

Year 2012, Volume: 2 Issue: 3, 267 - 271, 01.09.2012

Faruk Gürsoy Huseyin Kalyoncu

Abstract

This paper aims to investigate the empirically the impact of FDI on economic growth of Georgia over the period of 1997-2010. The Engle-Granger cointegration and Granger causality tests are used in order to analyse the causal relationship between FDI and economic growth. It is crucial to see the directions of causality between two variables for the policy makers to encourage private sectors. It is found that these two variables are cointegrated. Our empirical findings suggest that it is FDI that causes GDP in the case of Georgia.

Keywords

Economic growth Foreign direct investment Granger causality

Year 2012, Volume: 2 Issue: 3, 267 - 271, 01.09.2012

Faruk Gürsoy Huseyin Kalyoncu

Abstract

There are 0 citations in total.

Details

Other ID JA48MA92GE
Journal Section Research Article
Authors

Faruk Gürsoy This is me

Huseyin Kalyoncu This is me

Publication Date September 1, 2012
Published in Issue Year 2012 Volume: 2 Issue: 3

Cite

APA Gürsoy, F., & Kalyoncu, H. (2012). Foreign Direct Investment and Growth Relationship in Georgia. International Journal of Economics and Financial Issues, 2(3), 267-271.
AMA Gürsoy F, Kalyoncu H. Foreign Direct Investment and Growth Relationship in Georgia. IJEFI. September 2012;2(3):267-271.
Chicago Gürsoy, Faruk, and Huseyin Kalyoncu. “Foreign Direct Investment and Growth Relationship in Georgia”. International Journal of Economics and Financial Issues 2, no. 3 (September 2012): 267-71.
EndNote Gürsoy F, Kalyoncu H (September 1, 2012) Foreign Direct Investment and Growth Relationship in Georgia. International Journal of Economics and Financial Issues 2 3 267–271.
IEEE F. Gürsoy and H. Kalyoncu, “Foreign Direct Investment and Growth Relationship in Georgia”, IJEFI, vol. 2, no. 3, pp. 267–271, 2012.
ISNAD Gürsoy, Faruk - Kalyoncu, Huseyin. “Foreign Direct Investment and Growth Relationship in Georgia”. International Journal of Economics and Financial Issues 2/3 (September 2012), 267-271.
JAMA Gürsoy F, Kalyoncu H. Foreign Direct Investment and Growth Relationship in Georgia. IJEFI. 2012;2:267–271.
MLA Gürsoy, Faruk and Huseyin Kalyoncu. “Foreign Direct Investment and Growth Relationship in Georgia”. International Journal of Economics and Financial Issues, vol. 2, no. 3, 2012, pp. 267-71.
Vancouver Gürsoy F, Kalyoncu H. Foreign Direct Investment and Growth Relationship in Georgia. IJEFI. 2012;2(3):267-71.