TÜRKİYE’DE DOĞRUDAN YABANCI YATIRIMLAR VE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİLERİN NEDENSELLİK ANALİZLERİ İLE TESTİ

Bu çalışmada, DYY ile ekonomik büyüme, istihdam ve sermaye birikimi arasında nedensellik ilişkileri 1984-2015 dönemi Türkiye ekonomisi için Sims ve DL-VAR nedensellik yöntemleri ile incelenmiştir. Çalışma ile birlikte DYY girişlerinin Türkiye ekonomisi üzerine etkisinin belirlenmesi amaçlanmıştır. Analiz sonuçları, ekonomik büyüme ve sermaye birikiminden, DYY’ye doğru pozitif ve tek yönlü bir nedensellik ilişkisinin olduğunu, ancak DYY ile istihdam arasında herhangi bir nedensellik ilişkisinin olmadığını göstermektedir. Aynı zamanda genelleştirilmiş etki-tepki ve varyans ayrıştırma analizleri de Sims ve DL-VAR nedensellik yöntemleri sonuçlarını desteklemektedir. Sonuç olarak Türkiye ekonomisinde yaşanan büyüme, ülkeye gelen doğrudan yabancı yatırımları olumlu yönde etkilemektedir.

Anahtar Kelimeler:

DYY, Ekonomik Büyüme, Sermaye Birikimi, Nedensellik Testi, Türkiye

CAUSALITY ANALYSIS OF THE RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH IN TURKEY

In this study, the relations between FDI and economic growth, employment and capital formation have been analyzed for the period of 1984-2015 by using the Sims and DL-VAR causality methods for the Turkish economy. It is aimed to determine the effect of FDI inflows on the Turkish economy with the study.The results of the analysis indicate that there is a positive one-way causality relationship running from the economic growth and capital formation to FDI, but there is no any causality relationship between FDI and employment. Additionally, the findings of generalized impulse-response functions and variance decomposition analyses also support the results of the Sims and DL-VAR causality tests results. As a result, growth in Turkish economy has a positive impact on foreign direct investments inflows.

Keywords:

FDI, Economic Growth, Capital Formation, Causality Test, Turkey,

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