The impact of foreign direct investment on economic growth in Oman: An analysis via SmartPLS approach

Year 2024, , 68 - 80, 03.07.2024

Tif Al Mazroui , Essia Ries Ahmed Abu Rıes

https://doi.org/10.57085/ufebud.1451525

Abstract

Foreign Direct Investment (FDI) has grown rapidly around the world. This is because many nations, particularly developing ones, consider Foreign Direct Investment as a vital component of their economic growth plans. This research investigates the relationship between FDI and economic growth in Oman. This is descriptive research that employs quantitative methodologies, with quantitative data gathered through secondary sources. Economic growth is the dependent variable in this study. The factors influencing foreign direct investment are often known as independent variables. In addition, this study used the net inflow and net outflow % of GDP to measure foreign direct investment and GDP growth annual % for measure economic growth. Where the real data was used, annual reports from "The World Bank" for the years 1974 to 2019. In addition, the data in this study was evaluated utilizing a Partial Least Square (PLS) technique and Structural Equation Modeling (SEM). This study discovered a positive association between FDI and economic growth in Oman. Furthermore, the findings suggested that FDI had an impact on economic growth. Foreign direct investment has a substantial impact on economic growth (GDP-Growth). However, the finding showed that FDI-Net-Inflows were insignificant in terms of GDP-Growth.

Keywords

Economic Growth, Foreign Direct Investment, Oman.

Umman'da doğrudan yabancı yatırımın ekonomik büyümeye etkisi: SmartPLS yaklaşımıyla bir analiz

Abstract

Doğrudan Yabancı Yatırım (DYY) dünya çapında hızla büyümektedir. Bunun nedeni, birçok ülkenin, özellikle de gelişmekte olan ülkelerin, Doğrudan Yabancı Yatırımı ekonomik büyüme planlarının hayati bir bileşeni olarak görmesidir. Bu araştırma Umman'da doğrudan yabancı yatırım ile ekonomik büyüme arasındaki ilişkiyi araştırmaktadır. Bu, ikincil kaynaklardan toplanan nicel verilerle nicel metodolojileri kullanan tanımlayıcı bir araştırmadır. Bu çalışmada bağımlı değişken ekonomik büyümedir. Doğrudan yabancı yatırımı etkileyen faktörler genellikle bağımsız değişkenler olarak bilinir. Buna ek olarak, bu çalışmada doğrudan yabancı yatırımı ölçmek için GSYH'nin net giriş ve net çıkış yüzdesi ve ekonomik büyümeyi ölçmek için yıllık GSYİH büyüme yüzdesi kullanılmıştır. Gerçek verilerin kullanıldığı yerlerde "Dünya Bankası"nın 1974-2019 yıllarına ait yıllık raporları kullanılmıştır. Ayrıca bu çalışmadaki veriler Kısmi En Küçük Kareler (PLS) tekniği ve Yapısal Eşitlik Modellemesi (SEM) kullanılarak değerlendirilmiştir. Bu çalışma, Umman'da doğrudan yabancı yatırım ile ekonomik büyüme arasında pozitif bir ilişki olduğu bulgusuna ulaşmıştır. Ayrıca bulgular, doğrudan yabancı yatırımların ekonomik büyüme üzerinde etkisi olduğunu ortaya koymaktadır. Doğrudan yabancı yatırımın ekonomik büyüme (GSYİH-Büyüme) üzerinde önemli bir etkisi vardır. Ancak bulgu, DYY-Net Girişlerin GSYİH-Büyüme açısından önemsiz olduğunu göstermiştir.

Keywords

Ekonomik Büyüme, Doğrudan Yabancı Yatırım, Umman

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