Foreign Direct Investment and Its Impact on Economic Performance: The Case of Turkey and Nigeria
| Autor: | Dilek Temiz, Aytaç Gökmen, Mukhtar Salisu Abubakar |
|---|---|
| Rok vydání: | 2015 |
| Předmět: |
Cointegration
Geography Planning and Development Econometric methods International economics International business Foreign direct investment Management Monitoring Policy and Law Development Host country Capital accumulation Unit root test Variance decomposition of forecast errors Economics Economic system |
| Zdroj: | Journal of Transnational Management. 20:207-230 |
| ISSN: | 1547-5786 1547-5778 |
| Popis: | Foreign Direct Investment (FDI) has been affecting global business affairs for decades. A country, whether developed or developing, necessitates more FDI entry than other countries because the FDI inflow may bring certain advantages such as capital accumulation, knowledge, know-how transfer, and obtainment of updated technology. Thus, the entry of FDI into a host country is expected to reveal positive aftermaths. The objective of this study is to analyze the impact of FDI entry into Nigeria and Turkey for the years 1970–2012 by using econometric methods such as VAR, VECM, unit root test, cointegration test, causality test, impulse-response functions, and variance decomposition. As a result, it was estimated that there is no positive impact of FDI entry on economic growth in Nigeria and in Turkey. |
| Databáze: | OpenAIRE |
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