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The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics

Yıl 2024, Cilt: 32 Sayı: 62, 157 - 177

Hasan Kazak , Ahmet Tayfur Akcan , Mustafa İyibildiren

Öz

This research examines the correlation between economic growth and foreign direct investment (FDI) data of the Turkic Republics, namely Kazakhstan, Uzbekistan, Azerbaijan, Türkiye, and Kyrgyzstan, over the period from 1993 to 2022 through a meticulous panel data analysis. The results of the panel, Fourier Toda Yamamoto test, reveal a reciprocal causality between economic growth and FDI, especially in Azerbaijan. In the case of Uzbekistan, the study finds that FDI plays a catalytic role in inducing economic growth. The panel Fourier cointegration test carried out for all the countries studied confirms a cointegration relationship among the variables in all the countries studied.

Anahtar Kelimeler

Turkic Republics Foreign Direct Investment Economic Growth Panel Data Analysis

Kaynakça

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Türk Cumhuriyetlerinde Ekonomik Büyüme ve Doğrudan Yabancı Yatırımlar Arasındaki İlişki

Yıl 2024, Cilt: 32 Sayı: 62, 157 - 177

Hasan Kazak , Ahmet Tayfur Akcan , Mustafa İyibildiren

Öz

Bu çalışma, Türk Cumhuriyetleri olan Kazakistan, Özbekistan, Azerbaycan, Türkiye ile Kırgızistan'ın 1993-2022 dönemine ait ekonomik büyüme ve doğrudan yabancı yatırım (DYY) verileri arasındaki ilişkiyi bir panel veri analizi ile incelemektedir. Panel Fourier Toda Yamamoto testinin sonuçları, özellikle Azerbaycan bağlamında, ekonomik büyüme ve DYY arasında karşılıklı bir nedensellik olduğunu ortaya koymaktadır. Özbekistan örneğinde ise çalışma, DYY'nin ekonomik büyümeyi tetiklemede önemli bir rol oynadığını ortaya koymaktadır. İncelenen tüm ülkeler için gerçekleştirilen panel Fourier eşbütünleşme testi, incelenen tüm ülkelerde değişkenler arasında bir eşbütünleşme ilişkisinin varlığını doğrulamaktadır.

Anahtar Kelimeler

Türk Cumhuriyetleri Doğrudan Yabancı yatırımlar Ekonomik Büyüme Panel Veri Analizi

Kaynakça

  • Abasimel, N.A. (2023), “Islamic Banking and Economics: Concepts and Instruments, Features, Advantages, Differences from Conventional Banks, and Contributions to Economic Growth”, Journal of the Knowledge Economy, 14(2), 1923-1950.
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Toplam 131 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Büyüme
Bölüm Makaleler
Yazarlar

Hasan Kazak 0000-0003-0699-5371

Ahmet Tayfur Akcan 0000-0001-8210-7327

Mustafa İyibildiren 0000-0002-5076-1348

Erken Görünüm Tarihi 13 Ekim 2024
Yayımlanma Tarihi
Gönderilme Tarihi 6 Şubat 2024
Kabul Tarihi 21 Ağustos 2024
Yayımlandığı Sayı Yıl 2024 Cilt: 32 Sayı: 62

Kaynak Göster

APA Kazak, H., Akcan, A. T., & İyibildiren, M. (2024). The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics. Sosyoekonomi, 32(62), 157-177.
AMA Kazak H, Akcan AT, İyibildiren M. The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics. Sosyoekonomi. Ekim 2024;32(62):157-177.
Chicago Kazak, Hasan, Ahmet Tayfur Akcan, ve Mustafa İyibildiren. “The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics”. Sosyoekonomi 32, sy. 62 (Ekim 2024): 157-77.
EndNote Kazak H, Akcan AT, İyibildiren M (01 Ekim 2024) The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics. Sosyoekonomi 32 62 157–177.
IEEE H. Kazak, A. T. Akcan, ve M. İyibildiren, “The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics”, Sosyoekonomi, c. 32, sy. 62, ss. 157–177, 2024.
ISNAD Kazak, Hasan vd. “The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics”. Sosyoekonomi 32/62 (Ekim 2024), 157-177.
JAMA Kazak H, Akcan AT, İyibildiren M. The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics. Sosyoekonomi. 2024;32:157–177.
MLA Kazak, Hasan vd. “The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics”. Sosyoekonomi, c. 32, sy. 62, 2024, ss. 157-7.
Vancouver Kazak H, Akcan AT, İyibildiren M. The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics. Sosyoekonomi. 2024;32(62):157-7.