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

Hasan Kazak; Ahmet Tayfur Akcan; Mustafa İyibildiren

doi:10.17233/sosyoekonomi.2024.04.08

Araştırma Makalesi

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

Yıl 2024, Cilt: 32 Sayı: 62, 157 - 177, 28.10.2024

Hasan Kazak , Ahmet Tayfur Akcan , Mustafa İyibildiren

https://doi.org/10.17233/sosyoekonomi.2024.04.08

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, 28.10.2024

Hasan Kazak , Ahmet Tayfur Akcan , Mustafa İyibildiren

https://doi.org/10.17233/sosyoekonomi.2024.04.08

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

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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	28 Ekim 2024
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. https://doi.org/10.17233/sosyoekonomi.2024.04.08
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. doi:10.17233/sosyoekonomi.2024.04.08
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. https://doi.org/10.17233/sosyoekonomi.2024.04.08.
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, doi: 10.17233/sosyoekonomi.2024.04.08.
ISNAD	Kazak, Hasan vd. “The Relationship Between Economic Growth and Foreign Direct Investment in The Turkic Republics”. Sosyoekonomi 32/62 (Ekim 2024), 157-177. https://doi.org/10.17233/sosyoekonomi.2024.04.08.
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, doi:10.17233/sosyoekonomi.2024.04.08.
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.

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