DYY ve Ticari Açıklık Ekonomik Büyümeyi Ülkelerin Gelir Gruplarına Göre Farklı mı Etkiliyor? Asya Ülkeleri Üzerine Uygulamalar

Yıl 2024, Cilt: 27 Sayı: 1, 308 - 320, 30.04.2024

İbrahim Halil Sugözü , İraima Dorbonova

https://doi.org/10.29249/selcuksbmyd.1446206

Öz

Bu çalışma, doğrudan yabancı yatırım (DYY), ticari açıklık (TRO) ve ekonomik büyüme arasındaki ilişkiyi, 2000-2021 dönemi için bir model çerçevesinde seçilmiş 11 yüksek gelirli ve 22 orta ve düşük gelirli Asya ülkesi için güncel bir panel veri seti kullanarak incelemektedir. Bu çalışmada, özellikle odaklandığımız DYY ve ekonomik büyüme arasında uzun dönemli bir karşılıklı ilişki olup olmadığını gösteren eşbütünleşme testi uygulanmış ve ardından Driscoll ve Kraay tarafından geliştirilen kovaryans matrisi tahmincileri kullanılmıştır. Bulgularımız, yüksek gelirli ülkeler için DYY ve TRO ile ekonomik büyüme arasında pozitif bir ilişki olduğunu, orta ve düşük gelirli ülkeler için ise DYY ve ekonomik büyüme arasındaki ilişkinin negatif olduğunu göstermektedir. Bu çalışma, gelişmekte olan ülkelerdeki hükümetlerin ve politika yapıcıların neden sadece DYY'nin çekiciliğini ve ithalat odaklı ticari serbestleşmenin vazgeçilmezliğini vurgulamak yerine sürdürülebilir ekonomik büyüme için yerli yatırım ve üretim stratejilerine öncelik vermeye odaklanmaları gerektiği konusunda fikir vermektedir.

Anahtar Kelimeler

Doğrudan Yabancı Yatırım, Ticari Açıklık, Ekonomik Büyüme, Asya Ülkeleri, Panel Veri Analizi

Do FDI And Trade Openness Affect Economic Growth Differently Across Income Groups? Case Studies From Asian Countries

Öz

This study examines the nexus between foreign direct investment (FDI), trade openness (TRO) and economic growth for selected 11 high-income and 22 middle- and low-income Asian countries within a model using a more recent panel dataset over the period 2000–2021. The cointegration test has been applied in this study, which shows that whether there is a long-term interrelationship between FDI and economic growth, which we focus on in particular, and then the covariance matrix estimators that are developed by Driscoll and Kraay are used. Our findings indicate that there is a positive relationship between FDI and TRO, and economic growth for high-income countries, whereas the relationship between FDI and economic growth is negative for middle- and low-income countries. This study provides insights on why governments and policy makers in developing countries should focus on prioritizing domestic investment and production strategies for sustainable economic growth rather than simply emphasizing the attractiveness of FDI and the indispensability of import-oriented trade liberalization.

Anahtar Kelimeler

Foreign Direct Investment, Trade Openness, Economic Growth, Asian countries, Panel Data Analysis

Kaynakça

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