You are here

AKDENİZ ÜLKELERİNDE DOĞRUDAN YABANCI YATIRI ML AR-EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ

THE HELA TİONSHİP BETWEEN FOREIGN DIRECT INVESTMENTS-ECONOMIC GROWTH IN MEDITERRANEAN COUNTRIES

Journal Name:

Publication Year:

Abstract (2. Language): 
¡11 recent years, foreign direct investments have played an important role for many developing countries in their development processes. Because Foreign direct investment inwards may provide a positive contribution to economic growth, employment and transfer tecnology. This paper investigates whether foreign direct investment affects economic growth by using panel data analysis for ¡4 Mediterriannean countries (Algeria, Albania, Croatia, Egypt, Greece, Israel, Jordan, Lebanon. Malta, Morocco, Slovenia, Syria, Tunusia and Turkey) over the period 1998-2006. The findings demonstrate that gross fixed inveiments is an important factor on the economic growth of Mediterriannean countries. Nevertheless, it has been found'that there is no relation between foreign direct investment and economic growth for Mediterriannean countries.
Abstract (Original Language): 
. Son yıllarda doğrudan yabancı yatırımlar gelişmekte olan ülkelerin gelişme süreçlerinde önemli bir rol oynamaktadır. Çünkü doğrudan yabancı yatırım girişleri ekonomik büyümeye, istihdama ve teknoloji transferine pozitif katkılar sağlayabilmektedir. Bu çalışma, doğrudan yabancı yatırımların, ¡998-2006 yılları arasında 14 Akdeniz ülkesi (Arnavutluk, Cezayir, Fas, Hırvatistan, İsrail, Lübnan, Malta, Mısır, Slovenya, Suriye, Tunus, Türkiye, Ürdün, Yunanistan) için panel veri analizi kullanılarak ekonomik büyümeyi etkileyip etkilemediğini araştırmaktadır. Elde edilen bulgular, Akdeniz ülkelerinin ekonomik büyümelerinde gayri safi sabit sermaye yatırımlarının önemli bir faktör olduğunu ortaya koymaktadır. Bununla beraber, söz konusu ülkeler için doğrudan yabancı yatırımlar ve ekonomik büyüme arasında bir ilişkinin varlığı tespit edilememiştir.
71-93

REFERENCES

References: 

Al to monte, Carlo, Claudia Guagliano: "Competing Locations? Market Potential and Fdi in Central and Europe vs the Mediterranean", Licos Discussion Papers, Discussion Paper 108/2001, 1-30
Aslan, Alper: "OECD Ülkelerinde Dolaysız Yabancı Sermaye Yatırımları ve Ekonomik Büyüme İlişkisi: Dinamik Panel Veri Yaklasımı",(http://mpra.ub.uni-muenchen.de/10590/l/MPRA paper 10590.pdf. 01.11.2008)
Baharıımshah, Ahmad Zubaidi, Marwan Abdul-Malik Thanoon: "Foreign Capital Flows and Economic Growth in East Asian Countries", China Economic Review, 17, 2006, 70- 83
Ballagi, B. H.: Econometric Analysis of Panel Data, 3. Edition, Wiley 2005
Bashir, Abdel Hameed M.: "Foreign Direct Investment and Economic Growth in Some MENA Countries: Theory and Evidence", 1999, mimeo.
fhttp://www.luc.edu/orgs/meea/vplumel/bashir.pdf.,02.11.2007).

Basu, Parantap, Alessandra Guariglia: "Foreign Direct Investment, Inequality, and Growth", Journal of Macroeconomics, 29, 2007, 824-839
Başak, Levent: "4875 Sayılı Doğrudan Yabancı Yatırımlar Kanunu'nun Genel Esasları, Kanundaki Eksiklikler ve Çözüm Yollan -1", E~Yaklaşım, Sayı; 10, 2004
Batmaz, Nihat, Halil Tunca: "Türkiye'de Doğrudan Yabancı Sermaye Yatırımlarının Bölgesel Belirleyicileri Üzerine Bir Eş Bütünleşme Analizi (1992-2003)", Sosyal Bilimler Araştırmaları Dergisi, 1, 2007, 199-224
Bazzoni, Stefania, Giada Giani, Françoise Nicolas: "The FDI-Growtli Nexus in the Mediterranean Economies", ERF 9th Annual Conference Sharjah, United Arab Emirates, 2002
Bengoa, Marta, Blanca Sanchez Robles: 'Foreign Direct Investment, Economic Freedom and Growth: New Evidence from Latin America", European Journal of Political Economy, Vol: 19, 2003, 529-545
Blalock, Garrick, J. Paul Gertler: "Welfare Gains From Foreign Direct Investment Through Technology Transfer to Local Suppliers", Journal of International Economics, XXX-XXX, 2007, 1-20
Borensztein, Eduardo, Jose De Gregorio, Wha Lee: "How Does Foreign Direct Investment Affect Economic Growth?", Journal of international Economics, 45, 1998, 115-135
Buse, Matthias, Carsten Hefeker: "Political Risk, Institutions and Foreign Direct Investment", European Journal of Political Economy, 23, 2007, 397-415
Carkovic, Maria, Ross Levine: "Does Foreign Direct Investment Accelerate Economic Growth?", World Bank Conference, Financial Globalization: A Blessing or a Curse, May 2002
Daniel, Cold well, John J. Reid: "Observations on the Relations Between the Transition of Eastern European/Central Asian Economies: Economic Growth, and Direct Foreign Investment", The Social Science Journal, Vol: 35, No: 3, ] 998, 455-459
Darrat, A1İ F, Samer Kherfi, Mohamed Soliman: "FDI and Economic Growth CEE and MENA Countries: A Tale of Two Regions", ERF 12th Annual Conference: Reform Made to Last, Cairo, Egypt, 2005
De Mello, Luis R.: "Foreign Direct Investment Developing Countries an Growth: A Selective Survey", The Journal of Development Studies, Vol: 34, No:l, October 1997, 1-34
Erlat, Haluk: "Panel Data: A Selective Survey", Deparment of Economics Middle East Technical University, First Revisition, 2006
Fan, Simon, Yifan Hu: "Foreign Direct Investment and Indigenous Technological Efforts: Evidence from China", Economics Letters, 2007, 253-258
Hassan, M. Kabir: "FDI, Information Technology and Economic Growth in the MENA Region", ERF 10th Annual Conference Marrakech, Morocco, December 2003

Hisarcıktılar, M., S.S. Kayam, M.O. Kayalıca, N. L. Özkale: "Foreign Direct Investment and Growth in Mediterranean Countries, (http;//emo.pspa.uoa.gr/data/papers/2 paper.pdf, 01.01.2009)
Hsiao, C: "Panel Data Analysis-Advantages and Challenges", IEPR Working Paper, May 2006,
(http://www.usc.edu/Schools/colle^e/econ/IEPRAVorkine%2QPapers/IEPR 06.49 %5bHsiao%5d.pdf)
Hsiao, C. : Analysis of Panel Data, Second Edition, Cambridge University Press, 2003
Jackman, Robert W.: "Dependence on Foreign Investment and Economic Growth in the Third World", World Politics, Vol: 34, No: 2, January 1982, 175-196
Khan, Saleem M., Martina Vidovic: "U.S. National Security and Foreign Direct Investment" by Edward Grahm, David M. Marchick Institute for International Economics 2006, Journal of Asian Economics, 18 (6), 2007, 998-1000
Liu, Zhiqiang: "Foreign Direct Investment and Technology Spillovers: Theory and Evidence", Journal of Development Economics, 85, 2008, 176-193
Obwona, Marios B.: "Determinants of FDI and Their Impact on Economic Growth in Uganda", African Development Review, Vol: 13, No: 1, June 2001, 46-81
Ramirez, Miguel D.: "Is Foreign Direct Investment Beneficial for Mexico? An Empirical Analysis 1960-2001", World Development, Vol: 34, No: 5, 2006, 802-817
Sadık, Ali, Bolbol, V.: "Capital Flows, FDI, and Technology Spillovers: Evidence From Arab Countries. World Development, 29(12), 2001, 2111-2125
Taylor, Karl, Nigel Driffield: "Wage Inequality and The Role of Multinational: Evidence from UK Panel Data", Labour Economics, 12 (2), 2005, 223-249
Unctad: World Investment Report,
2008.(htto://www.unctad.org/en/docs/wir2008 en.pdf. 11.09.2008)
Unctad: World investment Report,
1997.(http://www.unctad.org/en/docs/wirl997 en.pdf. 10.01.2008)
Unctad: FDI On-Line Database,
(http://stats.unctad.org/fdi/ReportFolders/reportFolders.aspx. 01.01.2009)
Unctad: World Investment Report, 1998.
(http://www.unctad.org/en/docs/wir İ 998 en.pdf, 10,01.2008)
Unctad: Handbook of Statistics, 2006-07. (www.unctad.ort:, 27.12.2007)
Wooldridge, M. J.: "Econometric Analysis of Cross Section and Panel Data, MIT Pres, London, 2002
Wu, Xiaodong; "Foreign Direct Investment, Intellectual Property Rights and Wage inequality In China", China Economic Review, 11(4), 2000, 361-384
Yılmaz, Bahri, Mustafa Basar: "Foreign Direct Investment in the Mediterranean Countries: Developments and Determinants of FDI in the Mediterranean Countries", Go-EuroMed Working Paper, No. 0606, 2006

Zhang, Kevin Honglin: "Does Foreign Direct Investment Promote Economic Growth? Evidence From East Asia and Latin America", Contemporary Economic Policy, Vol: 19, No: 2, April 2001, 175-185

\ <^> ¡~¿E>'
j e- <=> i «Fi i

Thank you for copying data from http://www.arastirmax.com