Measuring the relationship between economic stability variables and foreign direct investment flows to Turkey for the period 1985-2020

Authors

  • Suad Abdul Qadir Qasim College of Administration and Economics, University of Dohuk

DOI:

https://doi.org/10.25007/ajnu.v13n1a1694

Abstract

 The research aims to measure and analyze the relationship between economic stability variables represented by economic growth, inflation, unemployment, current account balance and foreign direct investment flows to Turkey, using the Autoregressive Distributed Deceleration (ARDL) methodology, based on a time series from (1985-2020) starting from From the hypothesis that foreign direct investment flows to Turkey are greatly affected by changes in economic stability indicators, the research also assumed that Turkey's relatively multiple advantages helped it to some extent overcome many economic and political conditions and crises, which contributed to attracting Foreign capital, especially in light of the approved reforms. According to the results of the estimation, the research found a joint integration relationship in the short and long term, and to the significance of the research variables and their statistical significance, as it was found that the variables of economic stability adopted in the research are linked to each other and give real indicators of the reality of the national economy and its directions, which creates with its stability an encouraging and stimulating environment for investment, whether it is at the local or international level.

Downloads

Download data is not yet available.

References

الجميل، سرمد كوكب،(2002)، التمويل الدولي مدخل في الهياكل والعمليات والأدوات جامعة الموصل، الدار الجامعية للطباعة والنشر والترجمة، الموصل.

خضير ، منعم احمد . حمزة، حارث عدنان, (2018)، اثر السياسة النقدية على الاستقرار الاقتصادي في العراق للمدة (2005-2015)، مجلة جامعة تكريت للعلوم التجارية والاقتصادية، المجلد(1) العدد (41).

الدليمي، فواز جارالله نايف، السبعاوي، عبد الله خضر عبطان، 2012، دور السياسات الاقتصادية الكلية المؤثرة في تحقيق الاستقرار الاقتصادي في تركيا للمدة 2010-1985،مجلة تنمية الرافدين، المجلد 34 ، عدد 109.

العنزي ، أنور بدر منيف ، 2012 ، النظام القانوني للاستثمار الأجنبي المباشر "دراسة في قانون الاستثمار الكويتي رقم (8) لسنة 2001 ، رسالة ماجستير غير منشورة ، كلية الحقوق ، قسم القانون الخاص ، جامعة الشرق الأوسط.

المندلاوي ، عباس يحيى خضر ،2004 ، إمكانية السياسة النقدية في تشجيع الاستثمار المحلي في العراق (2003-1980) ، رسالة ماجستير غير منشورة ، كلية الادارة و الاقتصاد ،قسم الاقتصاد ،جامعة بغداد.

النائلي ،علاء حامد فيصل، 2017، السيولة العامة و أثرها في مؤشرات الإستقرار الاقتصادي في العراق للمدة (2000-2015)، رسالة ماجستير غير منشورة، كلية الإدارة والاقتصاد، قسم الاقتصاد، جامعة القادسية.

التقارير السنوية لمؤتمر الامم المتحدة للتجارة والتنمية (الاونكتاد ) للاعواد 2008 و 2009 و 2021 متوفرة على الروابط ادناه:

https://unctad.org/system/files/official-document/ditc20082cer_en.pdf

https://unctad.org/system/files/official-document/wesp2009_en.pdf.

https://unctad.org/system/files/official-document/wir2021_overview_ar.pdf

Ahmed, Beloucif ., Shaiful, Mohammad., and Boukhobza, Tahar, (2020), An Empirical Study of FDI Determinants: A Panel Data Analysis of South and South-east Asia, British Academy of management Annual conference.

Aldalou,Eyad,. Sarsour,Nada,.2022, Determinants of Forrign direct investment inrlows: Case study of Turkey , Gazi Journal of Economoc and Business, 8(1).

CAK, Murat, KARAKAŞ, Mehmet,(2009), Doğrudan Yabancı Sermaye Yatırımlarını Belirleyen Unsurlar ve Etkileri,İktisadi ve İdari Bilimler Dergisi 26(1).

Çoban O., Yussif A.‑R. B. (2019). Relationships between economic growth, foreign direct investment, and inflation: ARDL models approach for the case of Ghana. Eurasian Research Journal, 1 (2).

Dayang, Haszelinna and Ali Abang,(2020), The Impact of Inflation Towards Foreign Direct Investment in Malaysia And Iran, International Journal of Academic Research in Business and Social Sciences, Vol, 10 , No. 6.

Gokman, Orhan,(2021), The Relationship between Foreign Direct Investment and Economic Growth :A Case of Turkey International Journal of Economic and finance, vol 13, No7.

Gujarati , Damoodoar N ( 2004 ) Basic Economics , 4 Edition , New Delhi , Tata McGraw Hill.

İlyas, Şıklar., (2018), FDI and macroeconomic stability: The Turkish case, European Financial and Accounting Journal, ISSN 1805-4846, University of Economics, Faculty of Finance and economic.

Jalil, Abdul, and Ying Ma. 2008. Financial development and economic growth: Time series evidence from Pakistan and China. Journal of Economic Cooperation 29: 29–68

Kisswani, Khalid M., Kein, Alar ., and Shetty Shekar T (2015), THE IMPACT OF FDI INFLOWS ON REAL GDP IN ESTONIA: EVIDENCE FROM A COINTEGRATION APPROACH AND CAUSALITY TEST, The Journal of Developing Areas, The Journal of Developing Areas, Vol. 49, No. 4.

Loewendahl, H., Ertugal-Loewendahl, E., 2001. Turkey’s performance in attracting foreign direct investment: Implications of EU enlargement (No. 008).

Mamingi, Nlandu and Martin, Kareem, (2018), Foreign direct investment and growth in developing countries: evidence from the countries of the Organisation of Eastern, Eastern Caribbean Central Bank.

Mustafa Kırca,(2019), Are Relationships Stable Between Foreign Direct Investment and Economic Growth in Turkey?, https://www.researchgate.net/publication/334597290

Narsid, M.A (2005), . Cointegration,error correction model and future spot rates, University of Illinois.

Onanuga, Abayomi T and Onanuga, Olaronke T,(2018), Government Policy, Foreign Direct Investment and Unemployment in Emerging Economies, Southern Economic Journal AUDŒ, Vol. 14, no. 2.

Sekmen, F., and Gökirmak, H.,(2020), Inflation and foreign direct investment in Turkey, Applied Econometrics, v. 60.

Siddiqu ,Danish Ahmed., and Ahmad , mohsin Hasnin,(2007 ), The Causal relationship between Foreign Direct Investment and Current Account: an empirical investigation for Pakistan economy, Theoreical and Applied Economic volume XX ,No 8(585).

İlyas, Şıklar., (2018), FDI and macroeconomic stability: The Turkish case, European Financial and Accounting Journal, ISSN 1805-4846, University of Economics, Faculty of Finance and economic.

Strat a Vasile Alecsandru., Davidescu, Adriana., and Paul, Andreea Maria., (2014), FDI and The Unemployment - A Causality Analysis for The Latest EU Members, 2nd GLOBAL CONFERENCE on BUSINESS, ECONOMICS, MANAGEMENT and TOURISM, 30-31 October 2014, Prague, Czech Republic. The Turkish case, European Financial and Accounting Journal,University of Economics, Faculty of Finance and Accounting, Prague, Vol. 13, Iss. 1.

Tsaurai, Kunofiwa,(2018),Investigating the Impact of Inflation on Foreign Direct Investment in Southern Africa, Journal of Acta Universitatis Danubius. Economica, No: 4.

Zangin , Sinemis ., YUksel, Serhat, and Kartal ,Mustafa Tevfik.(2018), Understanding the Factors That Affect Foreign Direct Investment in Turkey by Using Mars Method.

Published

2024-03-31

How to Cite

Abdul Qadir Qasim, S. (2024). Measuring the relationship between economic stability variables and foreign direct investment flows to Turkey for the period 1985-2020. Academic Journal of Nawroz University, 13(1). https://doi.org/10.25007/ajnu.v13n1a1694

Issue

Section

Articles