Doğrudan Yabancı Yatırımların Yatırımcı Ülke Ekonomisine Etkileri: Panel Veri Analizi

Bu çalışmanın amacı doğrudan yabancı yatırımların yatırımcı ülke ekonomisine etkilerini araştırmaktır. Bu etkiler, 14 ülke için 1993-2015 dönemi ele alınarak panel veri analiz yöntemiyle incelenmiştir. Analizde, yatay kesit bağımılılığını dikkate alan panel birim kök ve eşbütünleşme testleri yapılmış ve seriler arasında eş bütünleme ilişkisi bulunmuştur. Nedensellik testi sonuçlarına göre, doğrudan yabancı yatırımlardan yatırımcı ülkenin ekonomik büyüme, dış ticaret ve yurt içi yatırımlarınadoğru nedensellik ilişkisi vardır. Uzun dönem analizinde ise doğrudan yabancı yatırımlardaki yüzde1'lik artışın sırasıyla ekonomik büyümeyi yüzde 0.29, ihracatı yüzde 0.40, ithalatı yüzde 0.39, yurt içi yatımları ise yüzde 0.34 oranında arttırdığı görülmüştür

The Effects of Foreıng Dırect Invesment to Investor Country: Panel Data Analysis

The aim of this study is to investigate effects of foreign direct investments (FDI) on the investor country. These effects were examined by panel data analysis method for 14 countries, taking 19932015 period. Panel unit root and cointegration tests taking the cross-sectional dependency were implemented in the analysis. As a result of the analysis it was found that there was a cointegration relationship between the series. According to the results of the causality test, there is a causal relationship from foreign direct investments to home economic growth, foreign trade and domestic investment. In the long run analysis, it was determined that 1 percent increases of FDI increases in economic growth by 0.29 percent, in export by 0.40 percent, in import by 0.39 percent in domestic investment by 0.34 percent

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