Finans ve Sigortacılık & Emeklilik Hizmetleri İhracatının Belirleyicileri

Year 2022, Volume: 30 Issue: 53, 87 - 104, 29.07.2022

Melek Kaya Hakan Tunahan Halil Şimdi

https://doi.org/10.17233/sosyoekonomi.2022.03.04

Abstract

Küresel ekonominin bel kemiği olarak tanımlanan uluslararası hizmet ticaretinin, 2040 yılına kadar dünya genelindeki payının yaklaşık %50 olması beklenmektedir. Hizmet kategorileri arasındaki finans ve sigortacılık & emeklilik hizmetleri ihracatının yerel ve küresel ekonomiye katkısı ve ihracatındaki artış trendi göz önüne alındığında, bu çalışma, finans ve sigortacılık & emeklilik hizmetleri ihracatının temel belirleyicilerini incelemeyi amaçlamaktadır. Doğrudan Yabancı Yatırım Giriş ve Çıkışları, Finansal Kurumların Derinliği, Yolsuzluk Algı Endeksi, Gayrisafi Yurtiçi Hasıla (GSYH) ve Federal Rezerv Bankası Fon Oranlarındaki değişikliklerin finans ve sigortacılık & emeklilik hizmetleri ihracatı üzerindeki etkilerini analiz eder. 2005-2018 yılları arasında 82 yüksek ve orta gelirli ülkeler için yıllık panel veriler kullanılarak Panel Sabit Etki Modeli uygulanmıştır. Ampirik bulgular, yüksek gelirli ülkelerde Finansal Kurumların Derinliğinin ve GSYH'nin finans ve sigortacılık & emeklilik hizmetleri ihracatı üzerinde olumlu etkileri olduğunu ortaya koyarken orta gelirli ülkeler için, Finansal Kurumların Derinliği, GSYH ve Doğrudan Yabancı Yatırım Çıkış değişkenlerinin finans ve sigortacılık & emeklilik hizmetlerinin ihracatını teşvik ettiğini göstermektedir.

Keywords

Hizmet Sektörü, Uluslararası Hizmet Ticareti, Finans Hizmeti İhracatı, Sigortacılık & Emeklilik Hizmetleri İhracatı

Determinants of the Export of Financial and Insurance & Pension Services

Abstract

International trade in services, defined as the backbone of the global economy, is expected to take approximately 50% by 2040 globally. Among services, two service categories are financial and insurance & pension services. Considering the contribution of the exports of these services to the local and global economy and the increasing trend of their export values, this study aims to examine the main determinants of the export of financial and, insurance & pension services. Therefore, it analyses the impacts of changes in Foreign Direct Investment Inflows and Outflows, Financial Institutions Depth, Corruption Perception Index, Gross Domestic Product, and Federal Funds Rate on the export of financial and insurance & pension services. The Panel Fixed Effect Model is applied using annual panel data from 2005 through 2018 for 82 high and middle-income countries. Empirical findings show that Financial Institutions Depth and Gross Domestic Product have positive effects on the export of financial and insurance & pension services in high-income countries, while for middle-income countries, Financial Institutions Depth, Gross Domestic Product, and Foreign Direct Investment Outflow variables promote the export of financial and insurance & pension services.

Keywords

Service Sector, International Trade in Services, Financial Service Export, Insurance & Pension Services Export

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