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Türkiye de Ekonomik Küreselleşme ve Doğrudan Yabancı Yatırımların Ekonomik Büyüme Üzerindeki Etkilerinin Analizi

Yıl 2025, Cilt: 14 Sayı: 1, 163 - 189, 28.03.2025
https://doi.org/10.15869/itobiad.1532272

Öz

Küreselleşme; mal ve hizmetlerin, teknolojinin, yatırımların, emeğin ve bilgi akışının uluslararası hareketliliğinin, dünyayı nasıl daha bağlantılı ve birbirine bağımlı bir yer haline getirdiğini ifade eder. Dünyada, 1980’li yıllardan sonra hızlanan küreselleşme sürecinin ülkeler arasındaki sermaye hareketliliğini arttırarak özellikle yurtiçi tasarruf ve dolayısıyla sermaye yetersizliği sorunuyla karşı karşıya olan gelişmekte olan ülkelerin büyümesini olumlu yönde etkilediği ve kalkınma sürecine katkıda bulunduğu söylenebilir. Buna paralel olarak doğrudan yabancı yatırımlar başta gelişmekte olan ülkeler olmak üzere tüm ülkelerin kalkınma planlarının ayrılmaz bir parçası haline gelmiştir. Bu bağlamda, 1970-2021 dönemi kapsamında Türkiye için doğrudan yabancı yatırımlar ve ekonomik küreselleşme endeksinin ekonomik büyümeye etkisi Johansen eşbütünleşme ve FMOLS yöntemleri ile analiz edilmektedir. Elde edilen bulgulara göre ekonomik büyüme, doğrudan yabancı yatırımlar ve küreselleşme arasında bir eşbütünleşme ilişkisi tespit edilmiştir. Ayrıca FMOLS uzun dönem katsayı tahmin sonuçlarına göre ekonomik küreselleşme ekonomik büyümeyi azaltırken, doğrudan yabancı yatırımlar ekonomik büyümeyi etkilememektedir.

Etik Beyan

Bu çalışma Etik Kurul Onayı gerektirmez.

Kaynakça

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Analysis of the Effects of Economic Globalization and Foreign Direct Investment on Economic Growth in Turkey

Yıl 2025, Cilt: 14 Sayı: 1, 163 - 189, 28.03.2025
https://doi.org/10.15869/itobiad.1532272

Öz

Globalization refers to how the international mobility of goods and services, technology, investment, labor and information flows has made the world a more connected and interdependent place. It can be said that the globalization process, which accelerated after the 1980s, increased the capital mobility among countries, positively affected the growth of developing countries, which were facing the problem of domestic savings and therefore capital insufficiency, and contributed to the development process. In parallel with this, FDI has become an integral part of the development plans of all countries, especially developing countries. In this context, the effects of foreign direct investments and economic globalization index on economic growth for Turkey for the period 1970-2021 are analyzed using Johansen cointegration and FMOLS methods. According to the findings, a cointegration relationship is found between economic growth, FDI and globalization. Moreover, according to FMOLS long-run coefficient estimation results, economic globalization reduces economic growth, while FDI does not affect economic growth.

Kaynakça

  • Abakumova, J., & Primierova, O. (2018). Economic growth, globalisation and income inequality: The case of Ukraine. Economics, 10, 11th, 1.
  • Acheampong, A. O., Boateng, E., Amponsah, M., & Dzator, J. (2021). Revisiting the economic growth–energy consumption nexus: does globalization matter?. Energy Economics, 102, 105472.
  • Acquah, A. M., & Ibrahim, M. (2020). Foreign direct investment, economic growth and financial sector development in Africa. Journal of Sustainable Finance & Investment, 10(4), 315-334.
  • Adom, P. K. & Bekoe, W. (2013). Modelling electricity demand in ghana revisited: The role of policy regime changes. Energy Policy, 61, 42–50.
  • Afzal, M. (2007). The impact of globalisation on economic growth of Pakistan. The Pakistan Development Review, 723-734.
  • Ağır, H., Rutbil, M. (2019). Gelişmekte olan ülkelerde doğrudan yabancı sermaye yatırımları ile ekonomik büyüme ilişkisinin ekonometrik analizi. Kahramanmaraş Sütçü İmam Üniversitesi Sosyal Bilimler Dergisi, 16 (2), 469-488.
  • Ahmad, M. (2019). Globalisation, economic growth, and spillovers: A spatial analysis. Margin: The Journal of Applied Economic Research, 13(3), 255-276.
  • Akdoğan, K. (2018). Mean-reversion and structural change in European food prices. Central Bank Review, 18(4), 163-173.
  • Alariqi, M., Long, W., Singh, P. R., Al-Barakani, A., & Muazu, A. (2023). Modelling dynamic links among energy transition, technological level and economic development from the perspective of economic globalisation: Evidence from MENA economies. Energy Reports, 9, 3920-3931.
  • Almfraji, M. A., & Almsafir, M. K. (2014). Foreign direct investment and economic growth literature review from 1994 to 2012. Procedia-Social and Behavioral Sciences, 129, 206-213.
  • Alvarado, R., Iñiguez, M., & Ponce, P. (2017). Foreign direct investment and economic growth in Latin America. Economic Analysis and Policy, 56, 176-187.
  • Amoako, S., Andoh, F. K. & Asmah, E. E. (2022). Structural change and energy use in Ghana’s manufacturing and agriculture sectors. Energy Reports, 8, 11112-11121.
  • Appiah-Otoo, I., Chen, X., & Ampah, J. D. (2023). Exploring the moderating role of foreign direct investment in the renewable energy and economic growth nexus: Evidence from West Africa. Energy, 281, 128346.
  • Asteriou, D., & Hall, S. G. (2021). Applied econometrics (Fourth Edition). London: Red Globe Press.
  • Aydin, M., Degirmenci, T., Erdem, A., Sogut, Y., & Demirtas, N. (2024). From public policy towards the green energy transition: Do economic freedom, economic globalization, environmental policy stringency, and material productivity matter?. Energy, 311, 133404.
  • Aydin, M., Sogut, Y., & Erdem, A. (2024). The role of environmental technologies, institutional quality, and globalization on environmental sustainability in European Union countries: new evidence from advanced panel data estimations. Environmental Science and Pollution Research, 31(7), 10460-10472.
  • Baidoo, S. T., Tetteh, B., Boateng, E., & Ayibor, R. E. (2023). Estimating the impact of economic globalization on economic growth of Ghana: Wavelet coherence and ARDL analysis. Research in Globalization, 7, 100183.
  • Baldwin, R., Braconier, H., & Forslid, R. (2005). Multinationals, endogenous growth, and technological spillovers: theory and evidence. Review of International Economics, 13(5), 945-963.
  • Banday, U. J., Murugan, S., & Maryam, J. (2021). Foreign direct investment, trade openness and economic growth in BRICS countries: evidences from panel data. Transnational Corporations Review, 13(2), 211-221.
  • Batten, J. A., & Vo, X. V. (2009). An analysis of the relationship between foreign direct investment and economic growth. Applied Economics, 41(13), 1621-1641.
  • Beri, P. B., Mhonyera, G., & Nubong, G. F. (2022). Globalisation and economic growth in Africa: New evidence from the past two decades. South African Journal of Economic and Management Sciences, 25(1), 1-12.
  • Bermejo Carbonell, J., & Werner, R. A. (2018). Does foreign direct investment generate economic growth? A new empirical approach applied to Spain. Economic geography, 94(4), 425-456.
  • Corporate Finance Institute (CFI) (2024). Theories of Growth. E.t. 6 Haziran 2024. https://corporatefinanceinstitute.com/resources/economics/theories-of-growth/#:~:text=The%20Neoclassical%20Growth%20Theory%20is,the%20Solow%2DSwan%20Growth%20Model.
  • Cheung, Y. & Lai. K. (1993). Finite-sample sizes of Johansen’s likelihood ratio tests for co-integration. Oxford Bulletin of Economics and Statistics, 55(3), 313–328.
  • De Oliveira, H. V. E., & Moutinho, V. (2022). Do renewable, non-renewable energy, carbon emission and KOF globalization influencing economic growth? Evidence from BRICS’countries. Energy Reports, 8, 48-53.
  • Degirmenci, T., Aydin, M., Cakmak, B. Y., & Yigit, B. (2024). A path to cleaner energy: The nexus of technological regulations, green technological innovation, economic globalization, and human capital. Energy, 311, 133316.
  • Değirmenci, T., Aydın, M., & Kızılkaya, O. (2024). BRICS-T Ülkelerinde Ekonomik Küreselleşme, Vergi Yükü ve Yatırım Özgürlüğünün Doğrudan Yabancı Yatırımlara Etkisi. Ahi Evran Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 10(1), 228-243.
  • Dickey, D. A., & Fuller, W. A. (1981). Likelihood ratio statistics for autoregressive time series with a unit root. Econometrica, 49, 1057–1072.
  • Doğan, M. & Doğan, Ö. S. (2022). Türkiye’nin Jeopolitiği. Uluslararası Yönetim Akademisi Dergisi, 5(2), 320-339.
  • Dünya Bankası (2024). World Development Indicators. https://databank.worldbank.org/source/world-development-indicators
  • Emako, E., Nuru, S., & Menza, M. (2022). The effect of foreign direct investment on economic growth in developing countries. Transnational Corporations Review, 14(4), 382-401.
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  • Kim, D. & Perron, P. (2009). Unit root tests allowing for a break in the trend function at an unknown time under both the null and alternative hypotheses. Journal of econometrics, 148(1), 1-13.
  • Kolb, M. (2018). What is the Globalization?. Peterson Institute International Economics, (Ed. by) Madona Devasahayam, Helen Hillebrand, and Steven R. Weisman, https://www.piie.com/microsites/globalization/what-is-globalization
  • Kumari, R., Shabbir, M. S., Saleem, S., Yahya Khan, G., Abbasi, B. A., & Lopez, L. B. (2023). An empirical analysis among foreign direct investment, trade openness and economic growth: evidence from the Indian economy. South Asian Journal of Business Studies, 12(1), 127-149.
  • Lagendijk, A. & Hendrikx, B. (2009). Foreign Direct Investment. International Encyclopedia of Human Geography, 243-254, (Ed.) Rob Kitchin, Nigel Thrift, Elsevier, https://doi.org/10.1016/B978-008044910-4.00167-X
  • Latif, Z., Latif, S., Ximei, L., Pathan, Z. H., Salam, S., & Jianqiu, Z. (2018). The dynamics of ICT, foreign direct investment, globalization and economic growth: Panel estimation robust to heterogeneity and cross-sectional dependence. Telematics and informatics, 35(2), 318-328.
  • Lee, J. & Strazicich, M.C. (2003). Minimum Lagrange multiplier unit root test with two structural breaks. The Review of Economics and Statistics, 85 (4), 1082e1089.
  • Lee, C. C., Lee, C. C., & Chiou, Y. Y. (2017). Insurance activities, globalization, and economic growth: New methods, new evidence. Journal of International Financial Markets, Institutions and Money, 51, 155-170.
  • Leitão, N. C., Dos Santos Parente, C. C., Balsalobre-Lorente, D., & Cantos Cantos, J. M. (2023). Revisiting the effects of energy, population, foreign direct investment, and economic growth in Visegrad countries under the EKC scheme. Environmental Science and Pollution Research, 30(6), 15102-15114.
  • Linh, H. T. D., & Linh, T. N. (2023). Impacts of globalisation on economic growth in Europe Union countries. Ho Chi Minh City Open University Journal Of Science-Economics and Business Administration, 13(1), 87-102.
  • Liu, F., Sim, J. Y., Sun, H., Edziah, B. K., Adom, P. K., & Song, S. (2023). Assessing the role of economic globalization on energy efficiency: Evidence from a global perspective. China Economic Review, 77, 101897. https://doi.org/10.1016/j.chieco.2022.101897
  • Lumsdaine, R. L., & Papell, D. H. (1997). Multiple trend breaks and the unit-root hypothesis. Review of Economics and Statistics, 79(2), 212-218.
  • Luo, Y., Guo, C., Ali, A., & Zhang, J. (2022). A dynamic analysis of the impact of FDI, on economic growth and carbon emission, evidence from China, India and Singapore. Environmental Science and Pollution Research, 29(54), 82256-82270.
  • Mallampally, P. & Sauvant, K. P. (1999). Foreign direct ınvestment in developing countries. Finance & Development, 36(1), https://www.imf.org/external/pubs/ft/fandd/1999/03/mallampa.htm
  • Merlin, M. L. & Chen, Y. (2021). Analysis of the factors affecting electricity consumption in DR Congo using fully modified ordinary least square (FMOLS), dynamic ordinary least square (DOLS) and canonical cointegrating regression (CCR) estimation approach. Energy, 232, 121025.
  • Miles, W. (2020). House price convergence in the euro zone: A pairwise approach. Economic Systems, 44(3), 100782.
  • Minh, T. B., Ngoc, T. N., & Van, H. B. (2023). Relationship between carbon emissions, economic growth, renewable energy consumption, foreign direct investment, and urban population in Vietnam. Heliyon.
  • Okwu, A. T., Oseni, I. O., & Obiakor, R. T. (2020). Does foreign direct investment enhance economic growth? Evidence from 30 leading global economies. Global Journal of Emerging Market Economies, 12(2), 217-230.
  • Olimpia, N., & Stela, D. (2017). Impact of globalisation on economic growth in Romania: An empirical analysis of its economic, social and political dimensions. Studia Universitatis „Vasile Goldis” Arad–Economics Series, 27(1), 29-40.
  • Organization for Economic Cooperation and Development Development (OECD) (1999). Foreign Direct Investment and the Environment. file:///C:/Users/DELL/Downloads/9789264266315-en.pdf
  • Organization for Economic Cooperation and Development Development (OECD) (1999). Foreign Direct Investment for Development: Maximising Benefits, Minimısing
  • Costs.https://www.oecd.org/content/dam/oecd/en/publications/reports/2002/09/foreign-direct-investment-for-development_g1gh2cf5/9789264199286-en.pdf
  • Organization for Economic Cooperation and Development Development (OECD) (2024). Foreign Direct Investment (FDI). https://www.oecd-ilibrary.org/finance-and-investment/foreign-direct-investment-fdi/indicator-group/english_9a 523b18
  • Ouedraogo, R., Sawadogo, H., & Dianda, I. (2023). Globalisation, economic growth and quality of infrastructure: New insights. The World Economy.
  • Öztürk, S. (2006). Küreselleşme ve küresel ekonomik kriz: krizin gelişmiş ve gelişmekte olan ülke ekonomilerine etkilerinin karşılaştırmalı analizi. Development, 34(8), 1446-1457.
  • Potrafke, N. (2014). The evidence on globalisation. The World Economy, 38(3), 509-552.
  • Presidenceof the Republic of Türkiye Investment Office (2024). FDI in Türkiye. https://www.invest.gov.tr/en/whyturkey/pages/fdi-in-turkey.aspx
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  • Rakhmatullayeva, D., Kuliyev, I., Beisenbaiyev, Z., & Tabeyev, T. (2020). Assessment of the influence of FDI on the economic growth of the host country: Evidence from Kazakhstan. In E3S web of conferences (Vol. 159, p. 06007). EDP Sciences.
  • Radulović, M., & Kostić, M. (2024). Globalization and economic growth in Western Balkan countries. Regional Science Policy & Practice, 100031. https://doi.org/10.1016/j.rspp.2024.100031i.
  • Raihan, A., Muhtasim, D. A., Farhana, S., Hasan, M. A. U., Pavel, M. I., Faruk, O., Rahman, M. & Mahmood, A. (2022). Nexus between economic growth, energy use, urbanization, agricultural productivity, and carbon dioxide emissions: New insights from Bangladesh. Energy Nexus, 8, 100144.
  • Raihan, A. & Tuspekova, A. (2022). Dynamic impacts of economic growth, energy use, urbanization, agricultural productivity, and forested area on carbon emissions: New insights from Kazakhstan. World Development Sustainability, 1, 100019.
  • Rehman, A., Radulescu, M., Ahmad, F., Kamran Khan, M., Iacob, S. E., & Cismas, L. M. (2023). Investigating the asymmetrical influence of foreign direct investment, remittances, reserves, and information and communication technology on Pakistan’s economic development. Economic Research-Ekonomska Istraživanja, 36(2), 2131591.
  • Republic of Türkiye Investment Office (RTIO). (2024). FDI in Türkiye. https://www.invest.gov.tr/en/whyturkey/pages/fdi-in-turkey.aspx
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  • Shittu, W. O., Yusuf, H. A., El Moctar El Houssein, A., & Hassan, S. (2020). The impacts of foreign direct investment and globalisation on economic growth in West Africa: examining the role of political governance. Journal of Economic Studies, 47(7), 1733-1755.
  • Türkiye Ekonomi Politikaları Araştırma Vakfı (TEPAV) (2023). Doğrudan Yatırımlar, TEPAV Doğrudan Yatırımlar Bülteni- 2023 I, Sayı 18, https://www.tepav.org.tr/upload/files/1687402193-0.TEPAV_Dogrudan_Yatirimlar_Bulteni_ 2023_I.pdf
  • Titalessy, P. B. (2018). The impact of globalisation on economic growth in Asia-Pacific. Asia Pacific Journal of Advanced Business and Social Studies, 4(2), 79-85.
  • Uluslararası Yatırımcılar Derneği (YASED) (2023). Jeopolitik belirsizlik çağında Türkiye-AB ticaret ve yatırım gündemi https://yased-api.yased.org.tr/Uploads/Media/Jeopolitik-Belirsizlik-Caginda-Turkiye-AB-Ticaret-ve-Yatirim-Gundemi.pdf
  • United Nations Conference on Trade and Development (UNCTAD) (2023). Foreign Direct Investment. World Investment Report 2023: Investing in Sustainable Energy for All, United Nations publication. Sales No. E.23.II.D.17. New York and Geneva.
  • Xu, Y., & Zhao, X. (2023). Financial market risk, technology and natural resources nexus: Evidence from China. Resources Policy, 81, 103332.
  • Velde, T. D. W. (2001). Policies towards foreign direct investment in developing countries: emerging best-practices and outstanding issues. London: Overseas Development Institute.
  • Zivot, E., & Andrews, D.W.K. (1992). Further evidence on the great crash, the oil-price shock, and the unit-root hypothesis. Journal of Business and Economic Statistics, 10(3), 251-270.
Toplam 87 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Ekonomik Modeller ve Öngörü
Bölüm Makaleler
Yazarlar

Dilek Usanmaz 0000-0003-0871-3841

Yusuf Ünsal 0000-0002-7856-5402

Hayri Tanrıverdi 0000-0002-8500-3440

Erken Görünüm Tarihi 23 Mart 2025
Yayımlanma Tarihi 28 Mart 2025
Gönderilme Tarihi 14 Ağustos 2024
Kabul Tarihi 12 Şubat 2025
Yayımlandığı Sayı Yıl 2025 Cilt: 14 Sayı: 1

Kaynak Göster

APA Usanmaz, D., Ünsal, Y., & Tanrıverdi, H. (2025). Türkiye de Ekonomik Küreselleşme ve Doğrudan Yabancı Yatırımların Ekonomik Büyüme Üzerindeki Etkilerinin Analizi. İnsan Ve Toplum Bilimleri Araştırmaları Dergisi, 14(1), 163-189. https://doi.org/10.15869/itobiad.1532272
İnsan ve Toplum Bilimleri Araştırmaları Dergisi  Creative Commons Atıf-GayriTicari 4.0 Uluslararası Lisansı (CC BY NC) ile lisanslanmıştır.