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

Authors :
Karimov, Mehman
Huseynova, Emilia
Source :
Acta Academica Karviniensia; 2024, Vol. 24 Issue 1, p29-42, 14p
Publication Year :
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. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
1212415X
Volume :
24
Issue :
1
Database :
Complementary Index
Journal :
Acta Academica Karviniensia
Publication Type :
Academic Journal
Accession number :
178285496
Full Text :
https://doi.org/10.25142/aak.2024.003