Determinants of Economic Growth: Bounds Testing Approach
AbstractIn this study, the effects of foreign direct investments and exports on Turkeyâ€™s economic growth are analyzed via bounds testing approach by using 1992:Q1-2012:Q3 period data. According to empirical findings, series were found to be cointegrated. In the long and short run analysis, the effect of export on the economic growth is statistically significant; however effect of foreign direct investment on the economic growth is positive but statistically insignificant. The modelâ€™s error correction mechanism has been worked.
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Bibliographic InfoArticle provided by Sakarya University, Faculty of Economics and Administrative Sciences in its journal Research Journal of Politics, Economics and Management.
Volume (Year): 1 (2013)
Issue (Month): 1 (January)
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: Economic Growth; Foreign Direct Investment; Export;
Find related papers by JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid
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