Determinants of Foreign Direct Investment: a Comparative Analysis of Turkey and Poland

• Autorzy: Fatih Mangir , Taha Bahadır Saraç
• Języki publikacji: EN

Abstrakty

EN

There exists vast literature on the determinants and effects of Foreign Direct Investment (FDI). The issue has increased in importance due to strong globalization processes. Many developed and developing countries try to attract FDI to support their economic growth and development. However, empirical results show an ambiguous relation between FDI and economic growth. In this article, the determinants of FDI in Poland and Turkey are compared based on monthly data from 2000-2009 with help of the Granger causality test and the VAR Model. It is concluded that FDI inflows are positively correlated with market size and openness of the economy in Poland. For Turkey, a unidirectional relationship between FDI and market size as well as between FDI and openness of the economy has been observed.(original abstract)

Istnieje obszerna literatura na temat uwarunkowań i skutków bezpośrednich inwestycji zagranicznych (BIZ). Problem ten zyskał na znaczeniu ze względu na silne procesy globalizacji. Wiele krajów rozwiniętych i rozwijających się stara się przyciągnąć bezpośrednie inwestycje zagraniczne, aby wspierać ich wzrost gospodarczy i rozwój.

Słowa kluczowe

EN

Direct investments; Foreign investment; Economic development; Market; Economic openness

PL

Inwestycje bezpośrednie; Inwestycje zagraniczne; Rozwój gospodarczy; Rynek; Otwartość gospodarcza

• Czasopismo: Economic and Environmental Studies
• Rocznik: 2012
• Numer: nr 1
• Strony: 65--85

Twórcy

autor

Fatih Mangir

• Selçuk Universtity, Konya, Turkey

autor

Taha Bahadır Saraç

• Selçuk Universtity, Konya, Turkey

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