1. Yabancı Portföy Yatırımlarının Ekonomik Büyüme Üzerindeki Etkisi: Türkiye Üzerine Bir Uygulama.
- Author
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YAPRAKLI, Sevda
- Subjects
- *
FOREIGN investments , *INVESTMENTS , *CAPITAL investments , *ECONOMIC expansion , *VECTOR analysis - Abstract
The main purpose of this paper is to examine the effect of foreign portfolio investments on economic growth in Turkish economy. For this purpose, using data from the period of 1986-2019, the effects of net foreign portfolio and fixed capital investments and net exports on economic growth are analyzed econometrically by employing unit root and multiple breakpoint tests, multivariate cointegration analysis and vector error correction model. According to the results, economic growth is positively affected by net foreign portfolio and fixed capital investments and net exports in the short run and in the long run. However, the estimation results show that the positive effect of foreign portfolio investments on economic growth is much lower low compared to other variables. [ABSTRACT FROM AUTHOR]
- Published
- 2020