@article{article_474501, title={Relationship Between Telecommunication Investments and Foreign Direct Investments in Developing and Developed Countries}, journal={Ege Academic Review}, volume={15}, pages={207–216}, year={2015}, author={Aytun, Cengiz and Akın, Cemil Serhat and Uçan, Okyay}, keywords={Telekomünikasyon Yatırımları, FDI, OECD, Gelişen Ülkeler}, abstract={The aim of this study is to investigate the relationship between foreign direct investments and telecommunication investments by using panel data analysis. Data’ are classified into 7 developing and 14 OECD countries for during the period 1975-2009. Different from the previous studies, cross sectional dependency and heterogeneity conditions are considered in the analysis. The results indicate that telecommunication investments are positive and significant determiners of foreign direct investments for both country groups. Additionally, this effect is more prominent in developing countries than developed countries. Accordingly, it may be put forward that the policies which aim to attract foreign direct investment via telecommunication investment will be effective}, number={2}, publisher={Ege Üniversitesi}