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Abstract
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Article Information:
The Role of the Economic Size of a Country in Attracting Foreign Direct Investments: A Panel Data Analysis for OECD Countries (1980-2006)
Doğan, A. Volkan and G. Burcu
Corresponding Author: Volkan ALPTEKİN
Submitted: 2009 October, 27
Accepted: 2009 November, 21
Published: 2010 January, 30 |
Abstract:
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The long-run relationship between foreign direct investment and economic growth was examined
for 21 OECD member countries using panel data estimations (models) based on annual data for the period
1980–2006. During the analysis process, which started with panel unit root tests, it was observed that the
variables of foreign direct investment and economic growth had unit roots. In the next stage, cointegration was
found between the variables. The existence of a significant relationship was determined between foreign direct
investment and economic growth based on the estim ated regression model.
Key words: Foreign direct investment, gross domestic product, panel unit root, panel cointegration, , ,
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Cite this Reference:
Doğan, A. Volkan and G. Burcu, . The Role of the Economic Size of a Country in Attracting Foreign Direct Investments: A Panel Data Analysis for OECD Countries (1980-2006). Current Research Journal of Economic Theory, (1): Page No: 1-7.
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ISSN (Online): 2042-485X
ISSN (Print): 2042-4841 |
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