MEHMET EMRE GÖRGÜLÜ, Selçuk AKÇAY

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The Effects of Foreign Direct Investments on Developing Countries

Bu çalışmanın amacı, yabancı yatırım alan ülkelerde massetme kapasitelerine ve DYY’lerin yapılarına bağlı olarak, DYY’lerin ekonomik büyümeye olumlu etkilerinin olup olmadığını, 1991-2009 dönemi ve 49 gelişmekte olan ülke için panel veri kullanarak incelemektir. Sonuçlar göstermiştir ki, ev sahibi ülkelerdeki massetme kapasiteleri dikkate alındığında, DYY yapısının ve DYY’lerin tüm örneklem için ekonomik büyüme üzerine anlamlı bir etkileri yoktur. Bu durum, genel olarak örneklemdeki ülkelerin, DYY’lerin ekonomik büyüme üzerine olumlu etkilere sahip olmalarına olanak verecek yeterli massetme kapasitelerinden yoksun oldukları anlamına gelmektedir. Alt grup analizleri ise, ortalamanın altında DYY alanlar ile Asya kıtasındaki ülkelerde massetme kapasitelerinin, DYY’lerin ekonomik büyümeye olumlu etkilerini artırıcı bir katkısı olduğunu ortaya çıkarmaktadır. Ayrıca, Afrika ülkelerinde DYY’lerin yatırım alan ülkelerin ekonomik büyümelerine olumsuz etkilerinin olduğu tespit edilmiştir.

Doğrudan Yabancı Yatırımların Gelişmekte Olan Ülkelerin Ekonomik Büyümelerine Etkileri: Panel Veri Analizi

The purpose of this paper is to examine whether foreign direct investments (FDIs) have a positive impact on economic growth depending upon absorptive capacities and the structures of the FDIs in the host countries, using panel data for the period between 1991 and 2009 in 49 developing countries. The results indicate that when the absorptive capacities in the host counties are considered, the FDI structure and the FDI inflows do not have a significant effect on growth for the whole sample. It means that in general subject countries lack the necessary level of absorptive capacities which would enable FDIs to have a positive impact on economic growth. The analyses for the sub-groups reveal that, absorptive capacities of the group of countries that receive below-average FDIs and of the countries in Asia have increasing contributions to the positive growth effects of FDIs. Moreover, FDIs have a negative impact on economic growth of the host countries in Africa.
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Avrasya Etüdleri-Cover
  • ISSN: 1300-1604
  • Yayın Aralığı: Yıllık
  • Başlangıç: 1994
  • Yayıncı: Türk İşbirliği ve Koordinasyon Ajansı Başkanlığı
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