The Effect of Foreign Direct Investment and Economic Growth on Health: An Empirical Investigation for Türkiye

Seda Kutluer; Zafer Çalışkan

Article Details

The Effect of Foreign Direct Investment and Economic Growth on Health: An Empirical Investigation for Türkiye

Authors:

Seda Kutluer | Zafer Çalışkan

Publisher:

Ahmet Arif EREN

Main Topics:

Büyüme

Journal:

Fiscaoeconomia Vol.8 Issue 2, pp.517-540

Document Type:

Article

Publication Date:

5/2024

Document Language:

English

Document ID (Org No.):

2001317939

pISSN:

2564-7504

Keywords:

Abstract:

 This study aims to investigate the effect of foreign direct investment FDI on health for the period of 1975-2018 in Türkiye by using a health production function approach. Life expectancy at birth which is the dependent variable in the study is used as a proxy for the average health status of Turkish citizens. FDI is defined as the ratio of foreign direct investment to GDP. In order to provide optimal estimates of cointegrating relationship, the Fully Modified OLS FMOLS developed by Phillips  Hansen 1990 is preferred as the main estimation method, as it allows for endogeneity of explanatory variables. The findings of the study point out that foreign direct investment inflows reduce life expectancy in Türkiye.

 This study aims to investigate the effect of foreign direct investment FDI on health for the period of 1975-2018 in Türkiye by using a health production function approach. Life expectancy at birth which is the dependent variable in the study is used as a proxy for the average health status of Turkish citizens. FDI is defined as the ratio of foreign direct investment to GDP. In order to provide optimal estimates of cointegrating relationship, the Fully Modified OLS FMOLS developed by Phillips  Hansen 1990 is preferred as the main estimation method, as it allows for endogeneity of explanatory variables. The findings of the study point out that foreign direct investment inflows reduce life expectancy in Türkiye.

 This study aims to investigate the effect of foreign direct investment FDI on health for the period of 1975-2018 in Türkiye by using a health production function approach. Life expectancy at birth which is the dependent variable in the study is used as a proxy for the average health status of Turkish citizens. FDI is defined as the ratio of foreign direct investment to GDP. In order to provide optimal estimates of cointegrating relationship, the Fully Modified OLS FMOLS developed by Phillips  Hansen 1990 is preferred as the main estimation method, as it allows for endogeneity of explanatory variables. The findings of the study point out that foreign direct investment inflows reduce life expectancy in Türkiye.

 Bu çalışma, doğrudan yabancı yatırımın sağlık üzerindeki etkisini 1975-2018 döneminde Türkiye için sağlık üretim fonksiyonu yaklaşımıyla incelemeyi amaçlamıştır. Bu çalışmada, bağımlı değişken olan doğuşta yaşam beklentisi Türk vatandaşlarının ortalama sağlık durumunu göstermek için kullanılmıştır. Doğrudan yabancı yatırımı temsil etmek üzere doğrudan yabancı yatırımın GDPye oranı kullanılmıştır. Tahmin yöntemi olarak eşbütünleşme ilişkisinin en iyi tahminini sağlayan Phillips  Hansen 1990 tarafından geliştirilen FMOLS yöntemi açıklayıcı değişkenlerin içselliğine izin verdiği için tercih edilmiştir. Analiz sonucunda doğrudan yabancı yatırım girişlerinin yaşam beklentisini düşürdüğü tespit edilmiştir.

Article Details

The Effect of Foreign Direct Investment and Economic Growth on Health: An Empirical Investigation for Türkiye

Authors:

Seda Kutluer | Zafer Çalışkan

Publisher:

Ahmet Arif EREN

Main Topics:

Büyüme

Journal:

Fiscaoeconomia Vol.8 Issue 2, pp.517-540

Document Type:

Article

Publication Date:

5/2024

Document Language:

English

Document ID (Org No.):

2001317939

pISSN:

2564-7504

Foreign Direct Investment

Economic Growth

Health

Life Expectancy

FMOLS

Health Production FunctionDoğrudan Yabancı Yatırım

Büyüme

Sağlık

Yaşam Beklentisi

FMOLS

Sağlık Üretim Fonksiyonu

Issues

Article Details

Authors: Seda Kutluer | Zafer Çalışkan

Publisher: Ahmet Arif EREN

Main Topics: Büyüme

Journal: Fiscaoeconomia Vol.8 Issue 2, pp.517-540

Document Type: Article

Publication Date: 5/2024

Document Language: English

Document ID (Org No.): 2001317939

pISSN: 2564-7504

Issues

Authors:

Seda Kutluer | Zafer Çalışkan

Publisher:

Ahmet Arif EREN

Main Topics:

Büyüme

Journal:

Fiscaoeconomia Vol.8 Issue 2, pp.517-540

Document Type:

Article

Publication Date:

5/2024

Document Language:

English

Document ID (Org No.):

2001317939

pISSN:

2564-7504