LUCAS PARADOKSUNUN SEÇİLMİŞ GELİŞMEKTE OLAN ÜLKELER AÇISINDAN GEÇERLİLİĞİNİN ARAŞTIRILMASI

Harun BAL; Berk PALANDÖKENLİER; Esma ERDOĞAN

Article Details

LUCAS PARADOKSUNUN SEÇİLMİŞ GELİŞMEKTE OLAN ÜLKELER AÇISINDAN GEÇERLİLİĞİNİN ARAŞTIRILMASI

Authors:

Harun BAL | Berk PALANDÖKENLİER | Esma ERDOĞAN

Publisher:

Avrasya Sosyo-Ekonomik Araştırmalar Derneği (ASEAD)

Main Topics:

Economics and Finance

Journal:

Journal of Economics and Research 2020 Vol.1 Issue 1, pp.1-16

Document Type:

Article

Publication Date:

9/2020

Document Language:

Turkish

Document ID (Org No.):

2000794062

Frequency:

Bi-Annual

eISSN:

2717-9907

pISSN:

2717-9907

Keywords:

Abstract:

 


Pioneering work of R. Lucas questioning the capital not going to underdeveloped economies despite the higher rate of returns, generated a discussion which led to a rapid increase in the studies analyzing the main determinants of capital movements. The aim of our study is to contribute to the literature regarding the analyzes of "Lucas Paradox" and to investigate the validity of the paradox in the context of foreign direct investments and of the possible determinants for 47 developing countries selected with reference to World Bank country classification. The findings from panel data analyses support the Paradox and point to the insignificance of differences in the marginal rate of return among countries. Our findings also indicate that the effects of human capital and institutional quality are significant and quite high, supporting the relevant literature.

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Article Details

LUCAS PARADOKSUNUN SEÇİLMİŞ GELİŞMEKTE OLAN ÜLKELER AÇISINDAN GEÇERLİLİĞİNİN ARAŞTIRILMASI

Authors:

Harun BAL | Berk PALANDÖKENLİER | Esma ERDOĞAN

Publisher:

Avrasya Sosyo-Ekonomik Araştırmalar Derneği (ASEAD)

Main Topics:

Economics and Finance

Journal:

Journal of Economics and Research 2020 Vol.1 Issue 1, pp.1-16

Document Type:

Article

Publication Date:

9/2020

Document Language:

Turkish

Document ID (Org No.):

2000794062

Frequency:

Bi-Annual

eISSN:

2717-9907

pISSN:

2717-9907

Sermaye Hareketleri

Lucas Paradoksu

Gelişmekte Olan Ülkeler

Doğrudan Yabancı Sermaye Yatırımları

Panel Veri Analizi

Issues

Article Details

LUCAS PARADOKSUNUN SEÇİLMİŞ GELİŞMEKTE OLAN ÜLKELER AÇISINDAN GEÇERLİLİĞİNİN ARAŞTIRILMASI

Authors: Harun BAL | Berk PALANDÖKENLİER | Esma ERDOĞAN

Publisher: Avrasya Sosyo-Ekonomik Araştırmalar Derneği (ASEAD)

Main Topics: Economics and Finance

Journal: Journal of Economics and Research 2020 Vol.1 Issue 1, pp.1-16

Document Type: Article

Publication Date: 9/2020

Document Language: Turkish

Document ID (Org No.): 2000794062

Frequency: Bi-Annual

eISSN: 2717-9907

pISSN: 2717-9907

Sermaye Hareketleri

Lucas Paradoksu

Gelişmekte Olan Ülkeler

Doğrudan Yabancı Sermaye Yatırımları

Panel Veri Analizi

Issues

Authors:

Harun BAL | Berk PALANDÖKENLİER | Esma ERDOĞAN

Publisher:

Avrasya Sosyo-Ekonomik Araştırmalar Derneği (ASEAD)

Main Topics:

Economics and Finance

Journal:

Journal of Economics and Research 2020 Vol.1 Issue 1, pp.1-16

Document Type:

Article

Publication Date:

9/2020

Document Language:

Turkish

Document ID (Org No.):

2000794062

Frequency:

Bi-Annual

eISSN:

2717-9907

pISSN:

2717-9907