The Examination of the Relationship Between Foreign Direct Investment and Trade in Turkey: ARDL Approach
Karimov Mehman Ilham
Department of Finance and Economic theory, Azerbaijan State Agricultural UniversityGanja, Azerbaijan
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, Nesirov Elcin Vaqif
Department of Agricultural Economics, Azerbaijan State Agricultural UniversityGanja, Azerbaijan
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und Zeynalli Elay Calal
Department of Accounting and audit, Azerbaijan State Agricultural UniversityGanja, Azerbaijan
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06. Okt. 2023
Über diesen Artikel
Online veröffentlicht: 06. Okt. 2023
Seitenbereich: 117 - 144
Eingereicht: 01. Sept. 2022
Akzeptiert: 01. Jan. 2023
DOI: https://doi.org/10.2478/sues-2023-0020
Schlüsselwörter
© 2023 Karimov Mehman Ilham et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
This paper is aimed to examine the effect of Foreign Direct Investment inflow on Trade (Export, Import) in Turkey. The study copes the time span from 2006 Q2 to 2019 Q4. The time series datasets, those are retrieved from CBT and FRED database are used in applied econometrical methods such as ADF, PP, Zivot Andrews Unit Root Tests, ARDL bounds testing approach, and the Granger Causality tests, to accomplish the statistical part of the research. Based on the findings, it was supported that there was a positive relationship between FDI and Trade. Additionally, the outputs of Granger causality test indicated that there is a unidirectional causality running from FDI to Trade (Export and Import).