Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
FDI and Growth: The Case of Turkey
Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.
2009 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Since 1980 foreign direct investment (FDI) has become the vital determinant of economic growth of the host country. FDI plays important role on improving the host country market, productivity, human capital, and brings new technological progresses, it also creates various job opportunities. Turkey is the unique country among the Islamic and Middle Eastern countries because of her close relationships with European countries, Russia, USA, Asia and Middle East. Her geographical location advantages, cheap labor cost and emerging market potential attract foreign investors. This paper aspires to analyze the impacts of economic growth on FDI in the case of Turkey. Many studies find a positive effect between these variables but it is hard to determine if FDI affects growth or if growth affects FDI. The direction of the causality between FDI and economic growth is examined by using Johansen Cointegration and Granger causality tests. The results show that whilst FDI and growth have long-run relationships, in the short-run the direction of relationship runs from economic growth to FDI. After determining the direction of the causality, time series data of Turkey is used to test if economic growth has significant impact on FDI by applying Ordinary Least Square (OLS) estimation model. The findings turn out that the amount of FDI is affected positively by economic growth in Turkey.

Place, publisher, year, edition, pages
2009. , p. 39
Keywords [en]
FDI, Economic Growth, Turkey
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-18801OAI: oai:DiVA.org:hj-18801DiVA, id: diva2:537865
Uppsok
Social and Behavioural Science, Law
Supervisors
Examiners
Available from: 2012-07-06 Created: 2012-06-27 Last updated: 2012-07-06Bibliographically approved

Open Access in DiVA

fulltext(7528 kB)655 downloads
File information
File name FULLTEXT01.pdfFile size 7528 kBChecksum SHA-512
7dfea34372ee707567cf81d9eeaf0985427768813f037b0da2d9f02e763db07f6112762be046b07c02240fe50a44a32af3987b45e96b79ed5b1c2c609e5a4457
Type fulltextMimetype application/pdf

By organisation
JIBS, Economics, Finance and Statistics
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 655 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 1022 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf