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Ulke Risk Faktorlerinin Dogrudan Yabanci Yatirimlar Uzerindeki Belirleyici Etkisi

Author

Listed:
  • Nilufer KAYA KANLI

    (Istanbul Aydin Universitesi)

  • Osman AYDOGUS

    (Ege Universitesi)

Abstract

Yabanci yatirimcilar, yatirim kararlarini alirken ulkelerin hukuki, politik ve ekonomik risklerini dikkate alirlar. Cunku bir krizin ya da ulkede yatirim kosullarini etkileyen olumsuzluklarin yasanmasi durumunda, dogrudan yabanci yatirimcilar ulkeyi hemen terk edemezler. Dolayisiyla, dogrudan yabanci yatirimlar ulkenin risklerini de ustlenirler. Bu nedenle, ulkenin risk seviyesi ile dogrudan yabanci yatirim girisi arasinda negatif bir iliski olmasi beklenir. Bu calismada, soz konusu beklenti ampirik olarak analiz edilmekte, ulke risk faktorlerinin dogrudan yabanci yatirim girisine etki edip etmedigi incelenmektedir.Ayrica, bu etkinin ulkelerin gelismislik duzeyine gore nasil farklilastigi da degerlendirilmektedir. Ulkeler gelismislik duzeylerine gore gruplanarak panel regresyon analizleri yapilmis ve su sonuclara ulasilmistir. Kredi notu ve risk primi gostergeleri ile temsil edilen ulke risk duzeyi gelismekte olan ulkelerde dogrudan yabanci yatirim girisi uzerinde anlamli ve pozitif bir etkisi yaratirken, gelismis ulkelerde bu etki anlamsizdir. Bu nedenle gelismekte olan ulkeler acisindan dogrudan yabanci yatirim cekmeye yonelik politikalarin onemli bir bileseni ilkedeki makroekonomik ve siyasi istikrarin saglanmasi olmalidir.

Suggested Citation

  • Nilufer KAYA KANLI & Osman AYDOGUS, 2017. "Ulke Risk Faktorlerinin Dogrudan Yabanci Yatirimlar Uzerindeki Belirleyici Etkisi," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 17(2), pages 179-190.
    • Handle: RePEc:ege:journl:v:17:y:2017:i:2:p:179-190
    DOI: 10.21121/eab.2017225197
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    References listed on IDEAS

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