| Yazarlar (3) |
Prof. Dr. Oktay KIZILKAYA
Kırşehir Ahi Evran Üniversitesi, Türkiye |
Ahmet Ay
Selçuk Üniversitesi, Türkiye |
|
Gökhan Akar
Selçuk Üniversitesi, Türkiye |
| Özet |
| This study investigates the dynamic relationship between foreign direct investment (FDI), human capital, economic freedom and economic growth for the period of 2000-2013 covering 39 countries. In this context, we utilized panel cointegration, panel fully modified ordinary least squares (FMOLS), panel dynamic panel ordinary least squares (FMOLS), and panel vector error correction model (VECM) based Granger causality analysis methods. In this study: i) variables are cointegrated in the long term; ii) according to FMOLS results, FDI, human capital and economic freedom have a positive impact on economic growth; iii) according to panel DOLS results, human capital and economic freedom have a positive impact on economic growth, and finally; iv) panel VEC results supports the relationship between variables both short and long term. In the last chapter, we evaluated the findings obtained from the analysis and suggested some policy recommendations. |
| Anahtar Kelimeler |
| Makale Türü | Özgün Makale |
| Makale Alt Türü | Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale |
| Dergi Adı | Theoretical and Applied Economics |
| Dergi Tarandığı Indeksler | Econlit(Journal of Economic Literature), Repec, DOAJ, EBSCO, ICAAP. |
| Makale Dili | İngilizce |
| Basım Tarihi | 09-2016 |
| Cilt No | 3 |
| Sayı | 23 |
| Sayfalar | 127 / 140 |
| Makale Linki | http://www.ectap.ro/dynamic-relationship-among-foreign-direct-investmentshuman-capital-economic-freedom-and-economic-growthevidence-from-panel-cointegration-and-panel-causality-analysis-oktay-kizilkaya_ahmet-ay_gkhan-akar/a1203/ |
