The Impact of Foreign Direct Investment on Economic Growth: A Case Study of Turkey 1980–2012
Journal: International Journal of Economics and Finance
Year: 2014

This paper employs time series techniques to analyse the effect of foreign direct investment on economic growth in Turkey. The study uses annual data over the period 1980–2012. The gross domestic product (GDP) is the dependent variable and foreign direct investment (FDI), domestic investment (DIN) and trade liberalization (TL) are the explanatory variables. The empirical analysis starts with run ordinary least square (OLS). The result of Augmented Dickey Fuller (ADF) test hence shows that the se