Doğrudan Yabancı Yatırımları Belirleyen Faktörler: Yükselen Piyasalar Örneği

Arık, Arş. Grv. Şebnem; Akay, Öğr. Grv. Dr. A. Beyhan; Zanbak, Arş. Grv. Mehmet

doi:10.18037/ausbd.12322

Cited by 10 publications

(3 citation statements)

References 10 publications

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“…Other variables such as inflation, current account balance and budget deficit are also important indicators of economic risk. Inflation is a crucial measure because galloping inflation could easily erode the real value of the investment, lead to poor returns and aggravate the balance of payment deficits (Arık et al 2014). Furthermore, a budget deficit could alter the savings-investment balance of an economy in such a way that is deleterious to the current account balance, inflation and international trade (Altunöz 2014).…”

Section: Theoretical Perspectivementioning

confidence: 99%

Does Country Risk Influence Foreign Direct Investment Inflows? A Case of the Visegrád Four

Hassan

2022

Economies

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The determinants of FDI inflows have been a subject of unremitting debate in the economic literature over the years. However, the role of country risk has received inadequate attention, especially in the context of the Visegrád countries, which comprise the Czech Republic, Hungary, Poland and Slovakia. Hence, this study examined whether country risk matters for FDI inflows into the Visegrád Four for the period 1991–2020. This study accounted for cross-sectional dependency, structural breaks and heterogeneous slopes in the panel of the four countries by employing the dynamic common correlated effect estimator. Additionally, country-wise fully modified least-squares regression was conducted for each country to test the robustness of the estimates. The empirical results revealed that country risk matters for the FDI inflows into the Visegrád countries, as it has a negative effect on the FDI inflows. Furthermore, both the overall panel and country-wise regressions established that economic and political risks are essential determinants of the FDI inflows, as both have a negative relationship with the FDI inflows. However, financial risk had weak and mixed impacts on the FDI inflows in the overall panel and country-wise regressions, respectively. These research outcomes highlight the need for appropriate macroeconomic and government authorities in the Visegrád economies to enhance the market capabilities of their economies by improving and upholding the social, institutional, corporate and macroeconomic structures, and as a way of achieving better country risk attributes.

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Section: Theoretical Perspectivementioning

confidence: 99%

Does Country Risk Influence Foreign Direct Investment Inflows? A Case of the Visegrád Four

Hassan

2022

Economies

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“…Mohiuddin ve Abdus Salam (2011), Pakistan'daki 1973-2008 döneminde doğrudan yabancı yatırımları etkileyen faktörleri incelediği çalışmasında, gayri safi yurt içi hasıla, döviz kuru, ekonomik dışa açıklık ve politik risk arasında doğrudan yabancı yatırım girişlerinde pozitif yönlü ve anlamlı olarak etkili olduğu sonucuna ulaşmışlardır. Arık vd. (2014), yükselen piyasalar üzerinde doğrudan yabancı yatırımları belirleyen faktörleri incelemişlerdir.…”

Section: Literatür Araştırmasıunclassified

Doğrudan Yabancı Yatırımları Etkileyen Faktörlerin Çok Değişkenli İstatistiksel Yöntemler ile İncelenmesi

Yorulmaz

Yakut

GACAR

2018

Uluslararası İnsan Çalışmaları Dergisi

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“…To attract FDI, countries start to legislate and introduce new provisions and lows, in which many researchers work on evaluating the effects of these factors on FDI using different methods. Of these methods are; regression (Özağ, 1994;Kaya and Yılmaz, 2003;Khan and Nawaz, 2010), regression EX post forecasts (Schneider and Frey, 1985), VAR analysis (Shan, 2002;Wijeweera andMounter, 2008), Panel Data Analysis (Nonnemberg andMendonca, 2004;Yeo, Yoon, Lee and Lee , 2008;Arik, Akay, and Zanbak, 2014) and other methods all over the world. An examination of these studies showed that there is a general consistency among results, that is, factors generally have the same impact over FDI inflows.…”

Section: Introductionmentioning

confidence: 99%

Untitled

2022

GJEB

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Foreign Direct Investments (FDI) are the most important source of international capital, technology, management information and market accessibility. Thus, governments recently assign new provisions and incentives to attract FDI. The purpose of this study is to identify the most important factors that attract FDI. First, a general review of FDI inflows to Turkey is addressed in light of regional and international trend. Second, a review of literature is considered in order to identify determinants of FDI inflows. Third, regression analysis is used to determine the factors that affected FDI inflows to Turkey in 2009 to 2019 period. Results of regression analysis are highly consistent with literature review in which the size of the market and openness of the economy positively affect FDI inflows. Current account deficit and exchange rate are negatively correlated with FDI inflows. On the other hand, regression analysis results revealed that foreign direct investors' decision to invest in Turkey is not significantly affected by cost of labor, cost of capital and inflation rate.

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Doğrudan Yabancı Yatırımları Belirleyen Faktörler: Yükselen Piyasalar Örneği

Abstract: Öz Bu çalışmada, Birleşmiş Milletler'in Dünya Yatırım Raporu'nda (1998) ortaya koyduğu bu unsurlar temel alınarak, 1990-2011

Cited by 10 publications

References 10 publications

Does Country Risk Influence Foreign Direct Investment Inflows? A Case of the Visegrád Four

Does Country Risk Influence Foreign Direct Investment Inflows? A Case of the Visegrád Four

Doğrudan Yabancı Yatırımları Etkileyen Faktörlerin Çok Değişkenli İstatistiksel Yöntemler ile İncelenmesi

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