CAN UNEMPLOYMENT BE CURED BY ECONOMIC GROWTH AND FOREIGN DIRECT INVESTMENT?

İsmail AKTAR; Nedret DEMİRCİ; Latif ÖZTÜRK

Article Details

CAN UNEMPLOYMENT BE CURED BY ECONOMIC GROWTH AND FOREIGN DIRECT INVESTMENT?

Authors:

İsmail AKTAR | Nedret DEMİRCİ | Latif ÖZTÜRK

Publisher:

Selcuk University

Journal:

The Journal of Social Economic Research 2009 Vol.9 Issue 17, pp.452-467

Document Type:

Article

Publication Date:

5/2009

Document Language:

Turkish

Document ID (Org No.):

2000611526

Frequency:

Bi-Annual

eISSN:

2148-3043

Abstract:

 

This study applies the VAR technique of variance decomposition and impulse response
 function analysis to investigate various interrelationships among foreign direct investment
 (FDI), exports (EX), unemployment (UR) and gross domestic product (GDP) in the case of
 Turkey over the period 2000:1 to 2007:4. We find that there are two cointegrating vectors in
 the system, indicating there is long run relationship. Our findings show that FDI did not have
 any contribution to reduce the unemployment rate in Turkey. Variations in EX have a positive
 impact on GDP but they are insignificant. Therefore, this study does not support the export
 led economic growth model. Variation in GDP does not reduce the unemployment rate either.

 

Bu çalışma VAR modeli kullanılarak doğrudan yabancı sermaye ve (FDI), ihracat (EX), işsizlik (UR) ve gayrı safi milli hasıla arasındaki ilişkileri dönemlik (2000:1-2007:4) veri kullanarak incelemeyi amaçlamaktadır. Sistemde iki eşbütünleşik seri bulunmuştur. Bu uzun dönem ilişkinin varlığını ispatlamaktadır. Ancak, doğrudan yabancı sermaye yatırımlarının istihdamı arttırmadığı ortaya konmuştur. İhracattaki varyasyonlar GDP üzerindeki etkisi her ne kadar pozitifse de istatistiksel olarak anlamlı değildir. Bu durum ihracat büyümeli ekonomik modeli desteklememektedir. Son olarak GDP gelişmeler anılan dönemde işsizliği azaltıcı yönde bir etki yaratmamışlardır.

Article Details

CAN UNEMPLOYMENT BE CURED BY ECONOMIC GROWTH AND FOREIGN DIRECT INVESTMENT?

Authors: İsmail AKTAR | Nedret DEMİRCİ | Latif ÖZTÜRK

Publisher: Selcuk University

Journal: The Journal of Social Economic Research 2009 Vol.9 Issue 17, pp.452-467

Document Type: Article

Publication Date: 5/2009

Document Language: Turkish

Document ID (Org No.): 2000611526

Frequency: Bi-Annual

eISSN: 2148-3043

Issues

Authors:

İsmail AKTAR | Nedret DEMİRCİ | Latif ÖZTÜRK

Publisher:

Selcuk University

Journal:

The Journal of Social Economic Research 2009 Vol.9 Issue 17, pp.452-467

Document Type:

Article

Publication Date:

5/2009

Document Language:

Turkish

Document ID (Org No.):

2000611526

Frequency:

Bi-Annual

eISSN:

2148-3043