FOREIGN DIRECT INVESTMENTS, EXPORT AND ECONOMIC GROWTH: EVIDENCES FROM SELECTED DEVELOPING COUNTRIES

Yıl 2017, Sayı: 19, 197 - 210, 03.07.2017

Ali Rıza Sandalcılar , Önder Dilek

https://doi.org/10.18092/ulikidince.286749

Öz

The purpose of this study is to analyze the
relationship among foreign direct investments, export and economic growth, and
to provide evidence from 44 selected developing countries. Firstly, the data
sets consisting of annual data in the period of 2000-2014 were subjected to
LLC, IPS and Hadri panel unit root tests and it was concluded that the series
did not have unit roots in their level values. The causality relationship among
the series was determined using the Dumitrescu-Hurlin Causality Test method. According
to the results obtained, it may be argued that there is a two-way relationship
of causality among the variables foreign direct investments, export and
economic growth in the developing countries in question.

Anahtar Kelimeler

: FDI, GDP, Export, Economic Growth, Developing Country

FOREIGN DIRECT INVESTMENTS, EXPORT AND ECONOMIC GROWTH: EVIDENCES FROM SELECTED DEVELOPING COUNTRIES

Öz

Çalışmanın amacı doğrudan yabancı yatırımlar,
ihracat ve ekonomik büyüme arasındaki ilişkiyi analiz etmek; seçilmiş 44
gelişmekte olan ülkeden kanıtlar ortaya koymaktır. Öncelikle, 2000-2014
dönemine ait yıllık verilerden oluşan veri setleri LLC,  IPS ve Hadri panel birim kök testlerine tabi
tutulmuş ve serilerin düzey değerlerinde birim kök içermedikleri sonucuna
ulaşılmıştır. Seriler arasındaki nedensellik ilişki ise Dumitrescu ve Hurlin
Panel Nedensellik Testi yöntemiyle tespit edilmiştir. Elde edilen sonuçlara
göre, söz konusu gelişmekte olan ülkelerde doğrudan yabancı yatırımlar, ihracat
ve ekonomik büyüme değişkenleri arasında çift yönlü nedensellik ilişkisinin
varlığından söz edilebilir şeklindedir.

Anahtar Kelimeler

DYY, GSYİH, İhracat, Ekonomik Büyüme, Gelişmekte Olan Ülkeler

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