Have a personal or library account? Click to login
The Impact of Foreign Direct Investment on Economic Growth in Türkiye: ARDL Approach Cover

The Impact of Foreign Direct Investment on Economic Growth in Türkiye: ARDL Approach

Open Access
|Jul 2024

Abstract

This paper investigates the impact of Foreign Direct Investment inflows on economic growth in Türkiye. The study covers the period from 2006 Q2 to 2019 Q4. Time series datasets obtained from the CBT and FRED database are used for statistical analyses, including ADF, PP, Zivot Andrews Unit Root Tests, the ARDL bounds testing approach, and the Granger Causality tests, to fulfil the empirical part of the study. Based on the obtained findings, it was confirmed that, Foreign Direct Investment inflows have a positive impact on economic growth in Türkiye. Moreover, the results of the Granger causality analysis reveal a bidirectional relationship between FDI and GDP.

DOI: https://doi.org/10.25142/aak.2024.003 | Journal eISSN: 2533-7610 | Journal ISSN: 1212-415X
Language: English
Page range: 29 - 42
Published on: Jul 29, 2024
Published by: Silesian University in Opava
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2024 Mehman Karimov, Emilia Huseynova, published by Silesian University in Opava
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.