scholarly journals Effects of Foreign Direct Investment on Growth in Turkey

2010 ◽  
Author(s):  
Melike Bildirici ◽  
Elçin Aykaç Alp ◽  
Fazıl Kayıkçı
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Positive Relationship ◽  
Domestic Product ◽  
Market Size ◽  
Threshold Cointegration ◽  
Starting Point ◽  
The Impact

This study aims at analyzing the relationship between Foreign Direct Investment and Growth in Turkey by using Threshold Cointegration. As the studies about the impact of Foreign Direct Investment on growth are surveyed, it is seen that all of them uses liner methods except two. Starting point of these studies that use liner methods are the positive relationship between Growth and Foreign Direct Investment. As such, Yılmaz and Barbaros (2006) find positive relationship between Foreign Direct Investment and market size in Turkey between 1980 and 2001. Erdal and Tatoğlu (2002) reach the same conclusion for the period of 1980-1998 by using real Gross Domestic Product as a proxy for market size. Deichmann, Karidis and Sayek (2003) find positive linkage between Foreign Direct Investment and Gross Domestic Product in Turkey by using Conditional Logit Model. Bildirici and Bozoklu (2008) find positive relationship between growth and Foreign Direct Investment by using Markov Switching Vector Auto Regression method. Katırcıoğlu (2009) analyses the connection between Foreign Direct Investment and economic development by using Auto Regressive Distributed Lag and indicates that economic development causes net Foreign Direct Investment. Darrat and Sarkar (2009) state the affirmative effects of the Foreign Direct Investment on growth as expected theoretically. Bildirici, Bozoklu (2008) find positive relationship between growth and Foreign Direct Investment in Turkey. Bildirici, Alp and Kayıkçı (2010) state the existence of threshold effect for these variables. This study intends to research this effect in historical perspective, using Threshold Cointegration Analysis.

scholarly journals THE ROLE OF TAX REVENUE AND FOREIGN DIRECT INVESTMENT IN PROMOTING ECONOMIC PROGRESS IN NIGERIA

10.26458/1932 ◽  
2019 ◽  
Vol 19 (3) ◽  
pp. 33-54
Author(s):  
Fineboy Ikechi JOSEPH ◽  
Cordelia Onyinyechi OMODERO ◽  
Manasseh Obioma OMEONU
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Positive Relationship ◽  
Domestic Product ◽  
Tax Revenue ◽  
P Value ◽  
Regression Result ◽  
The Impact

AbstractThe study examined the impact of tax revenue on economic growth of Nigeria proxied as gross domestic product (GDP) from 2000-2017). The study employed Exploratory and ex-post facto designs and secondary data sourced from Federal Inland Revenue Services (FIRS), UNCTAD, FDI/MNE database, World Bank Report, United Nations Development Programme (UNDP) reports, CBN statistical bulletin were used. Ordinary Least Squares (OLS) regression technique was adopted to test the hypotheses of the study. The result reveals that tax revenue has significant impact on GDP in Nigeria with R-squared showing that about 87% variations in GDP can be attributed to tax revenue, while the remaining 23% variations in GDP are caused by other factors not included in this model. This is further emphasized by the T-statistic p-value of 0.001 which shows that the regression result is statistically significant because it is less than 5%, level of significance adopted for this study. The result from regression analysis also revealed that there is positive relationship between foreign direct investment and Gross Domestic Product, with a p- value of + 0.000, + 0.001 < 0.05% significance level. The study concluded that tax revenue has a significant impact on GDP in Nigeria. Also there is a positive relationship between FDI and economic growth in Nigeria; therefore the more FDI increases the more economic growth. The study recommended that functional tax structures that would ensure that tax is collected from all taxable individuals, group of individuals and corporate bodies and remitted accordingly to the government without diversion should be instituted to widen the revenue base of the country. Government should liberalize the Nigerian economy the more by removing all barriers to trade such as arbitrary tariffs, import and export duties and other levies to encourage foreign investors.

ANALISIS DETERMINAN KUALITAS LINGKUNGAN PERIODE 1999-2013

2016 ◽  
Vol 21 (1) ◽  
pp. 9-20
Author(s):  
Ersalina Tang
Keyword(s):  
Foreign Direct Investment ◽  
Energy Consumption ◽  
Gross Domestic Product ◽  
Co2 Emissions ◽  
Direct Investment ◽  
Meat Consumption ◽  
Domestic Product ◽  
World Data ◽  
The World ◽  
The Impact

The purpose of this study is to analyze the impact of Foreign Direct Investment, Gross Domestic Product, Energy Consumption, Electric Consumption, and Meat Consumption on CO2 emissions of 41 countries in the world using panel data from 1999 to 2013. After analyzing 41 countries in the world data, furthermore 17 countries in Asia was analyzed with the same period. This study utilized quantitative approach with Ordinary Least Square (OLS) regression method. The results of 41 countries in the world data indicates that Foreign Direct Investment, Gross Domestic Product, Energy Consumption, and Meat Consumption significantlyaffect Environmental Qualities which measured by CO2 emissions. Whilst the results of 17 countries in Asia data implies that Foreign Direct Investment, Energy Consumption, and Electric Consumption significantlyaffect Environmental Qualities. However, Gross Domestic Product and Meat Consumption does not affect Environmental Qualities.

scholarly journals Export, Foreign Direct Investment and Gross Domestic Product: Case of the Commonwealth of Independent States Countries and Armenia

REGIONOLOGY ◽  
2019 ◽  
pp. 206-223
Author(s):  
Lilit N. Sargsyan
Keyword(s):  
Foreign Direct Investment ◽  
Regression Analysis ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Domestic Product ◽  
Gross Domestic Product Growth ◽  
Commonwealth Of Independent States ◽  
Independent States ◽  
The Republic ◽  
The Impact

Introduction. Export and foreign direct investment have great significance for economic development of the developing and transition countries, like Armenia and the Commonwealth of Independent States countries. As the domestic market of the Republic of Armenia is small, Armenia’s economic development depends on external demand. The aim of this article is to estimate the impact of foreign direct investment and export on gross domestic product of the Commonwealth of Independent States countries and the Republic of Armenia. Materials and Methods. For the Commonwealth of Independent States countries, regression analysis with panel data was performed using Stata V10 statistical package. For Armenia, correlation and regression analysis was performed, the results of the Granger causality test were revealed. The regression analysis employed the least squares method. Results. The performed analysis has shown that in the Commonwealth of Independent States countries the export growth of 1 % causes the gross domestic product growth of 0.92 % and the increase in foreign direct investment of 1 % causes the gross domestic product growth of 0.4 %. In the Republic of Armenia, the export growth of 1 unit causes the gross domestic product growth of 8.89 units and the increase in foreign direct investment of 1 unit causes the gross domestic product growth of 1.23 units. Discussion and Conclusion. Comparison of the obtained results with those of the similar analysis conducted earlier by the author makes it possible to state that in the Commonwealth of Independent States countries the impact of export has decreased while the impact of foreign direct investment has increased. In Armenia, the impact of both export and foreign direct investment is higher than before. The materials of this article may be useful for other researcher studying this issue, as well as for the governments of the Commonwealth of Independent States countries and the Republic of Armenia responsible for the development of the economic policy.

Kedah towards a developed state

2005 ◽  
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Gross Domestic Product ◽  
State Government ◽  
Direct Investment ◽  
Action Plan ◽  
Domestic Product ◽  
Gdp Growth ◽  
Development Finance ◽  
Finance Industry

Kedah: Towards a Developed State is a collection of articles that highlights strategies, recommendation and comments that should be considered and undertaken by the Kedah state government to achieve the target as a developed state by the year 2010. The papers cover many aspects such as development, finance, industry and foreign direct investment, tourism and education and many more. The Kedah Maju Action Plan which is a continuation of the Kedah Development Action Plan (1990 2000) covers the period from 2001 to 2010. It outlines the aggressive strategies that have and will be undertaken to accelerate the economic development of Kedah in order to attain the developed status by the year 2010. One of the most important goals of the plan is to achieve a sustained Gross Domestic Product (GDP) growth of 15% annually for ten straight years.

scholarly journals The Impact of Foreign Direct Investment on Gross Domestic Product in Iraq During the Period (2006 - 2015)

2021 ◽  
Vol 10 (1) ◽  
pp. 382
Author(s):  
Shivan H. Ali ◽  
Shivan A. Jameel
Keyword(s):  
Foreign Direct Investment ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Domestic Product ◽  
Short Term ◽  
The World Bank ◽  
Short Run ◽  
Independent Variable ◽  
The Impact

The paper aims at examining the impact of Foreign Direct Investment on Gross Domestic Product in Iraq over the period 2006-2015. Data have been collected from the World Bank database. For the purpose of analyzing data, the study applied Foreign Direct Investment (FDI) Net Inflows as an independent variable while Gross Domestic Product (GDP) as a proxy for economic growth as a dependent variable. The results of the study found that all of the variables under study are non-stationary at the level while stationary at first differenced by utilizing unit-root tests (ADF). The findings of Johansen Test for Co-integration showed that there is no long-term relationship among variables. Other findings of the paper revealed that, in short term, it is concluded that FDI Granger-Causes GDP and there is a short-run causality running from FDI to GDP. The research recommended that Iraq has to pay more attention to improve the level of education sectors and financial sector and to empower human capital. It also has to decrease lending rate, transportation and instability terms of political and economic environment as well as to improve liberalized market environment.

scholarly journals Implications of Free Trade Area For Poverty, Household Welfare And Economic Development In Nigeria

2020 ◽  
pp. 1-11
Author(s):  
Idris Abubakar ◽  
Thomas onimisi Abaukaka ◽  
Muhammad Kabir O. Momoh
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Gross Domestic Product ◽  
Free Trade ◽  
Direct Investment ◽  
Free Trade Area ◽  
Domestic Product ◽  
African Continent ◽  
Trade Area ◽  
Per Capita

Purpose of the study: The study aims to investigate the implications of free trade areas for poverty, household welfare and economic development in Nigeria. Methodology: This study employed a fully modified least squares (FMOLS) regression technique. The income per capita and unemployment out of many macroeconomics indexes were employed in this study to measure welfare and poverty implications of free trade area respectively. To enable the study, determine the policy and decision-making implications of the free trade area on Nigeria economy, historical data were drawn from the central bank statistical bulletin for 27 years. Main findings: The estimated results revealed that the income per capita (welfare) model demonstrated a fair view of free trade scenarios as indicated by the explanatory variables; export contributions to gross domestic product and foreign direct investment contributed positively to the welfare of the individual. Besides, the study also found foreign direct investment and export contributions to gross domestic product to have a negative relationship with unemployment, which implies a reduction in the unemployment rate in Nigeria. Research implications: This study documented that households’ welfare will be increased by free trade area, while unemployment will also be reduced by participating in free trade area. Based on study findings, policies makers, academia, researchers, the and government will find the study relevant in making policies that promote foreign direct investment, export contributions to the growth of the economy and gross domestic product such as reduction in tariff, simplifying trade regulations, increasing the availability of credit to exporters, creations of duty drawback, improving cooperation among economic actors and overall structural changes which will have positive implications on the households welfare, poverty and economic development. The novelty of the study: The relevance for free trade area as one among economic policies to promote the welfare and reduce poverty among nations is gaining momentum globally especially African continent. Given the paucity of studies on this area, the study is undertaken as a framework to determine what the implications of free trade areas will be among the African continent.

scholarly journals The Impact of Foreign Direct Investment by Economic Activity on Gross Domestic Product Growth in Kosovo

2020 ◽  
Vol 9 (6) ◽  
pp. 78
Author(s):  
Florije Govori ◽  
Amant Fejzullahu
Keyword(s):  
Foreign Direct Investment ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Positive Impact ◽  
New Economy ◽  
Domestic Product ◽  
Gdp Growth ◽  
Tertiary Sector ◽  
Substantial Impact ◽  
The Impact

The effects of the foreign direct investment (FDI) on economic growth, both in developed and non-developed countries, have been investigated for decades. In Kosovo's new economy, the FDI's presence is essential for economic and social development. This study aims to examine the impact of FDI by economic activities, known as "high-level aggregation," on the gross domestic product (GDP) growth for the period 2010-2019. The multiple regression is used to analyze the strength and direction of the FDI's impact on the GDP. The results show that FDI in the activities belonging to the primary sector has negatively impacted the GDP. In contrast, the FDI in activities of the secondary sector indicates a positive impact. Concerning the tertiary sector, the result differs among the types of activities. The FDI in real estate, renting, and business activities have a positive impact on GDP. Also, the FDI in public administration, education, human health, and social work activities has a substantial impact on GDP growth. The other FDIs belonging to the tertiary sector showed adverse impacts. So, the findings suggest that in a new economy, the FDI in activities that are more apt to induce positive externalities has more potential to increase the GDP in the long run. Otherwise, the impact may be low or adverse.

scholarly journals The Impact of the Inflow of Foreign Direct Investments on the Economic Development of Serbia

ECONOMICS ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 123-142
Author(s):  
Slaviša Kovačević ◽  
Mladen Rebić ◽  
Drago Kurušić
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Growth And Development ◽  
Direct Investment ◽  
Positive Relationship ◽  
Foreign Direct Investments ◽  
Economic Growth And Development ◽  
Total Turnover ◽  
The Impact

Abstract Foreign direct investments present one of the very important products of globalization, by establishing a new economic concept of free international movement of capital, people, goods and services. An analyses of the impact of this type of international movement of capital on economic growth and development is one of the modern tendencies of economic researchers. The subject of this paper is the analysis of the impact of the level and structure of foreign direct investment on the economic development of the Serbian economy, where the impact of foreign direct investment inflow on economic growth, current balance, manufacturing industry through the impact on total industry turnover, employment and productivity will be separately considered. The aim of this research is to prove the importance of FDI for developing countries, as well as to point out the need to improve and enhance the business environment in order to maximize FDI inflows. The main hypothesis of this research is that foreign direct investments significantly contribute to the economic growth and development of the Republic of Serbia. For the purposes of hypothesis analysis and testing, a simple linear regression model was used in this paper. The research was conducted for the period from 2010 to 2019. The obtained results present a positive relationship between the inflow of foreign direct investment and GDP growth, and show a positive relationship between growth of investments in manufacturing and growth in productivity, employment and total turnover, and show a positive relationship between FDI inflow and export value.

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