Do Investments Have an Impact on Reducing Poverty? ARDL Approach

Yıl 2024, Cilt: 16 Sayı: 30, 121 - 137, 30.05.2024

Süleyman Uğurlu

https://doi.org/10.20990/kilisiibfakademik.1437867

Öz

Purpose: The purpose of this research is to examine the impact of foreign direct investments (FDI) and gross fixed capital formations (GFC) on poverty reduction in Türkiye.
Design/Methodology: In this study, which analyzes the impact of investments on poverty, two different models were established. The models constructed using 1982-2020 annual data were analyzed with the ARDL method.
Findings: As a result of the analysis, both foreign direct investments and gross fixed capital formations have positive (poverty reducing) effects on poverty reduction in Türkiye. Gross fixed capital formations are more effective in reducing poverty than foreign direct investments.
Limitations: The number of poor people in Türkiye is accessed discretely. This situation has led to a limited number of empirical studies in the field of economics in Türkiye that use time series analyses related to poverty. In this study, this constraint is overcome by using household final consumption expenditures per capita (HFC) as a proxy variable as in the literature.
Originality/Value: In this study, two separate models were established with foreign direct investments and gross fixed capital formations as independent variables. The comparison of the impact of these two types of investment variables on poverty in Türkiye reveals the originality of this study.

Anahtar Kelimeler

Poverty, Foreign Direct Investment, Gross Fixed Capital Formation, ARDL, Bound Test

Yoksulluğu Azaltmada Yatırımların Etkisi Var mı? ARDL Yaklaşımı

Öz

Amaç: Bu araştırmanın amacı, Türkiye’de doğrudan yabancı yatırımların (DYY) ve brüt sabit sermaye yatırımlarının (BSSY) yoksulluğu azaltma üzerindeki etkisini incelemektir.
Tasarım/Yöntem: Yatırımların yoksulluk üzerindeki etkisinin incelendiği bu çalışmada iki farklı model kurulmuştur. 1982-2020 yıllık verileri kullanılarak oluşturulan modeller ARDL metoduyla analiz edilmiştir.
Bulgular: Analizler sonucunda; Türkiye’de yoksulluğun azaltılmasında hem doğrudan yabancı yatırımların hem de brüt sabit sermaye yatırımlarının pozitif yönde (yoksulluğu azaltıcı) etkilerine ulaşılmıştır. Brüt sabit sermaye yatırımların yoksulluğu azaltmada etkinliği doğrudan yabancı yatırımlara göre daha fazladır.
Sınırlılıklar: Türkiye'deki yoksulların sayısına kesikli olarak ulaşılmaktadır. Bu durum Türkiye’de yoksulluğa ilişkin yapılan ekonomi alanındaki zaman serisi analizlerinin kullanıldığı ampirik çalışmaların oldukça sınırlı sayıda olmasına yol açmaktadır. Bu çalışmada bu kısıt, literatürde olduğu gibi kişi başına hanehalkı tüketim harcamalarının (HFC) vekil değişken olarak kullanılmasıyla aşılmıştır.
Özgünlük/Değer: Bu çalışmada bağımsız değişken olarak doğrudan yabancı yatırımlar ve brüt sabit sermaye yatırımları olmak üzere iki ayrı model kurulmuştur. Bu iki tür yatırım değişkeninin Türkiye'de yoksulluk üzerindeki etkisinin karşılaştırması bu çalışmanın özgün değerini ortaya koymaktadır.

Anahtar Kelimeler

Yoksulluk, Doğrudan Yabancı Yatırımlar, Brüt Sabit Sermaye Yatırımları, ARDL, Sınır Testi

Kaynakça

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