The Relationship between Foreign Direct Investments and Industrialization: An Application on Turkey

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Bal H., Işcan E., Kardaşlar A.

International Conference on Eurasian Economies, Bishkek, Kyrgyzstan, 5 - 07 October 2017, pp.155-161

  • Publication Type: Conference Paper / Full Text
  • City: Bishkek
  • Country: Kyrgyzstan
  • Page Numbers: pp.155-161
  • Çukurova University Affiliated: Yes

Abstract

This study examines the relation between Foreign Direct Investment (FDI) and industrialization by analysing 6 different sector groups in Turkey using panel data of 2004-2012 period. The effect of labor, domestic and foreign investment on industrial output of the 6 sector which are Agriculture, Forestry and Fisheries; Mining and Quarrying; Manufacturing Industry; Electricity; Construction; Transportation and Storage Activities, has been analysed. The results show that there is a meaningful and positive relationship between sectoral employment and FDI with sectoral production for all sectors.