YÖNETİŞİM KALİTESİNİN DOĞRUDAN YABANCI YATIRIMLARA ETKİSİ: PANEL VERİ ANALİZİ

Öz

Gelişmekte olan ülkelere yapılan doğrudan yabancı yatırım (DYY) dünya çapında ilgi görmektedir. Bu ekonomiler benzer sosyal, ekonomik ve diğer koşullara sahip aynı gelişme aşamasındadır, ancak kurumsal ortamları bu gelişmekte olan ekonomiler içindeki DYY akımını etkilemektedir. Bu çalışma, 2002-2023 dönemi için 118 ülke ekonomisinde iyi yönetişimin altı bileşeninin DYY girişleri üzerindeki etkilerini, panel veri analizi kullanarak incelemektedir. Veri seti, DYY (% GDP), ihracat (% GDP) ile World Governance Index (WGI) göstergelerini içermektedir. Çalışmada, ihracat ve yönetişim göstergelerinin uzun vadede DYY üzerinde olumlu ve istatistiksel olarak anlamlı bir etki gösterdiği tespit edilmiştir. İyi yönetişimin ev sahibi ülkelere DYY girişlerini teşvik etmede çok önemli bir anahtar faktör olduğuna dair ampirik kanıtlar sağlanmıştır. Siyasi açıdan istikrarlı, etkin ve güvenilir bir hükümete ve güçlü bir düzenleyici çerçeveye sahip ekonomiler, DYY akışını çekme eğilimindedir.

Anahtar Kelimeler

• Dünya Yönetişim Endeksi
• Doğrudan Yabancı Yatırım
• Panel ARDL

THE EFFECT OF GOVERNANCE QUALITY ON FOREIGN DIRECT INVESTMENTS: PANEL DATA ANALYSIS

Öz

Foreign direct investment (FDI) in developing countries attracts worldwide attention. These economies are at the same stage of development, sharing similar social, economic, and other conditions; however, their institutional environments influence FDI inflows within these developing economies. This study examines the impact of the six components of good governance on FDI inflows in 118 economies over the period 2002-2023 using panel data analysis. The dataset includes FDI (% of GDP), exports (% of GDP), and World Governance Index (WGI) indicators. In the study, it has been determined that exports and governance indicators exert a positive and statistically significant impact on foreign direct investment (FDI) in the long term. Empirical evidence suggests that good governance is a crucial key factor in attracting FDI to host countries. Economies with politically stable, efficient, and reliable governments and strong regulatory frameworks tend to attract higher FDI inflows

Anahtar Kelimeler

• World Governance Index
• Foreign Direct Investment
• Panel ARDL

Kaynakça

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