IMPACT OF FOREIGN CAPITAL INFLOWS ON DOMESTIC INVESTMENTS: A PANEL DATA ANALYSIS FOR SELECTED DEVELOPING COUNTRIES
dc.contributor.author | Boğa, Semra | |
dc.date.accessioned | 2025-01-06T17:24:13Z | |
dc.date.available | 2025-01-06T17:24:13Z | |
dc.date.issued | 2019 | |
dc.department | Adana Alparslan Türkeş Bilim ve Teknoloji Üniversitesi | |
dc.description.abstract | This paper empirically analyzes the relationship between the foreign capital inflowsand domestic investment in 14 developing countries -Bangladesh, Botswana, Brazil, China,India, Indonesia, Mexico, Morocco, Pakistan, Peru, Philippines, South Africa, Thailand,and Turkey- over the period 1990-2017. Pesaran’s Cross-Section Dependence Testwas performed to test the correlation and IPS Unit Root Test was applied to reveal thestationarity level between the units. Dumitrescu and Hurlin’s Granger Panel Causality testresults confirmed a one-way causality from Portfolio Investment (PRF) to Gross Fixed CapitalFormation (GFC) and a bidirectional causality between GFC and Gross Domestic Product(GDP), GFC and Foreign Direct Investment (FDI), GFC and Foreign Loans (LNS) in theshort-term. Long-term relationships between the variables were tested with the DOLSMGestimator. According to the test results; a 1% rise in FDI decreases GFC by 0.59 %, a 1%rise in GDP increases GFC by 0.45 %, a 1% rise in PRF increases GFC by 1.68 %, and a1% rise in LNS boosts GFC by 2.12 %. | |
dc.identifier.endpage | 155 | |
dc.identifier.issn | 1300-1981 | |
dc.identifier.issn | 2651-351X | |
dc.identifier.issue | 114 | |
dc.identifier.startpage | 135 | |
dc.identifier.trdizinid | 329341 | |
dc.identifier.uri | https://search.trdizin.gov.tr/tr/yayin/detay/329341 | |
dc.identifier.uri | https://hdl.handle.net/20.500.14669/1121 | |
dc.identifier.volume | 0 | |
dc.indekslendigikaynak | TR-Dizin | |
dc.language.iso | en | |
dc.relation.ispartof | Sayıştay Dergisi | |
dc.relation.publicationcategory | Makale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı | |
dc.rights | info:eu-repo/semantics/openAccess | |
dc.snmz | KA_20241211 | |
dc.title | IMPACT OF FOREIGN CAPITAL INFLOWS ON DOMESTIC INVESTMENTS: A PANEL DATA ANALYSIS FOR SELECTED DEVELOPING COUNTRIES | |
dc.type | Article |