| Yazarlar (3) |
Prof. Dr. Oktay KIZILKAYA
Kırşehir Ahi Evran Üniversitesi, Türkiye |
Prof. Dr. Gülbahar ÜÇLER
Kırşehir Ahi Evran Üniversitesi, Türkiye |
Ahmet Ay
Selçuk Üniversitesi, Türkiye |
| Özet |
| In this study, the relationship between real exchange rate and foreign direct investments were investigated by using quarterly data covering the period 1989Q1-2011Q1 for the Turkish economy. The existence of long-term relationships between these variables were tried to be determined via control variables, such as trade openness and inflation rate. For this purpose, the bound testing approach and ARDL method enabling different levels of stationary of variables and predicting short-term and long-term coefficients were employed. The findings that were obtained from the bound testing and ARDL method show that a certain implication is not possible about the long-term relationship between real exchange rate and foreign direct investments as none of the F statistics climbed over the Pesaran et al.(2001) upper bound critical values for the first model. In the second model, the findings indicate that real exchange rate, trade openness and inflation rate affect foreign direct investments positively. |
| Anahtar Kelimeler |
| Makale Türü | Özgün Makale |
| Makale Alt Türü | Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale |
| Dergi Adı | Journal of Business and Economics |
| Dergi ISSN | 2155-795 |
| Dergi Tarandığı Indeksler | SSRN (Social Science Research Network), Ulrich, WorldCat, PBN, Google Scholar, Index Copernicus International, Polish Scholarly Bibliography. |
| Makale Dili | İngilizce |
| Basım Tarihi | 02-2015 |
| Cilt No | 6 |
| Sayı | 2 |
| Sayfalar | 337 / 347 |
| Doi Numarası | 10.15341/jbe(2155-7950)/02.06.2015/011 |
| Makale Linki | http://www.academicstar.us/UploadFile/Picture/2015-8/20158323455292.pdf |
| Atıf Sayıları | |
| Google Scholar | 8 |
