TÜRKİYE’DE KURUMSAL KALİTE, REEL GELİR VE DOĞRUDAN YABANCI YATIRIMLAR İLİŞKİSİ

Year 2018, Volume: 5 Issue: 2, 132 - 145, 30.06.2018

Ali Acaravcı , Seyfettin Artan , Sinan Erdoğan , Tunay Bostan Göktürk

https://doi.org/10.30798/makuiibf.409819

Cited By: 5

Abstract

Bu
çalışmada, Türkiye ekonomisinde kurumsal kalite, reel gelir ve doğrudan yabancı
yatırımlar arasındaki uzun dönemli ilişkiler, 1990-2015 dönemi için gecikmesi
dağıtılmış otoregresif (ARDL) yöntemi ile araştırılmıştır. Sonuçlar şöyle
özetlenebilir: i) Durağanlık analizi sonuçları, ARDL eşbütünleşme testi için ön
koşulu sağlamaktayken, ARDL sınır testi sonuçları ise değişkenler arasında uzun
dönemli ilişki olduğunu göstermektedir. ii) Reel gelirde ve kurumsal kalitede artışlar,
reel doğrudan yabancı yatırım girişlerini olumlu etkilemektedir. iii) Her bir
dönemde, değişkenler arası uzun dönem dengeden herhangi bir sapmanın %84’ü
düzelmektedir. Bu çalışmanın sonuçları, doğrudan yabancı yatırımlar
girişlerinde kurumsal faktörlerin de önemli olduğunu vurgulamaktadır. Bu
nedenle kurumsal kalitenin artırılması yönünde çabalar, doğrudan yabancı
sermaye girişlerini özendirecektir.

Keywords

Doğrudan Yabancı Yatırımlar, GSYH, Kurumsal Kalite, ARDL

INSTITUTIONAL QUALITY, REAL INCOME AND FOREIGN DIRECT INVESTMENT RELATIONSHIP IN TURKEY

Abstract

In this study, long-run relationships between institutional quality,
real income and foreign direct investment examined in terms of Turkey for the
period of 1990-2015 by using autoregressive distributed lag (ARDL) method. Results
are as follows: i) While stationarity analysis results provide the
preconditions for the ARDL cointegration test, ARDL bounds test results confirm
that there is a long-run relationship between variables. ii) Increasing in real
income and institutional quality positively affect foreign direct investment
inflows. iii) Any deviation from the long-run equilibrium between variables is
corrected about 84% for each period. The findings of this study emphasize that
institutional quality is matter for foreign direct investment inflows as well.
So, enhancing efforts of institutional quality encourage the foreign direct
investment inflows.

Keywords

Foreign Direct Investment, GDP, Institutional Quality, ARDL

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