Determinants of Economic Growth: Bounds Testing Approach
In 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.
Volume (Year): 1 (2013)
Issue (Month): 1 (January)
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