Foreign Direct Investment And Macro Variables: 2010-2019 An Implementation For Turkey

Authors : Cumhur Şahin

Pages : 755-769

Doi:10.29023/alanyaakademik.676878

View : 15 | Download : 11

Publication Date : 2020-09-30

Article Type : Research

Abstract :Among the factors of production, the most needed factor in developing countries is capital. Capital transfer between countries has become very important with the acceleration of globalization. In this context, it is seen that developing countries focus more on foreign direct investment in terms of their economic development. In this study, the relationship between foreign direct investment and consumer price index, indicator interest rate, GDP and trade openness ratio which are thought to affect these investments are analyzed for Turkey's case, as of the last decade between the first quarter of 2010 and the fourth quarter of 2019. According to the empirical findings, it was found that the variables were cointegrated in the long term, in other words, the variables were related to each other in the long term and moved in the same direction.
Keywords : Foreign Direct Investment, Macro Variables, Time Series Analysis