FDI inflow as an international business operation by MNCs and economic growth: An empirical study on Turkey

Foreign Direct Investment, Trade Openness and Economic Growth in Ghana: An Empirical Investigation

“…It is interesting to note that although the theoretical link between FDI, trade openness, and economic growth is well documented, recent empirical studies for developing countries often focus on testing the impact of (i) trade openness on economic growth (see e.g., Mani & Afzal, 2012;Asiedu, 2013;Hassen, Anis, Taha, JOURNAL OF AFRICAN BUSINESS 3 and Yosra 2013; Sakyi et al, 2014, Karam & Zaki, 2015, and (ii) FDI on economic growth (see e.g., Adams, 2009;Gudaro, Chhapra, and Sheikh, 2010;Onakoya, 2012;Yalta, 2013;Hong, 2014;Nistor, 2014;Temiz & Gokmen, 2014) separately. Moreover, empirical studies which consider both FDI and trade openness (see e.g., Liu, Burridge, and Sinclair, 2002;Oteng-Abayie & Frimpong, 2006;Naveed & Shabbir, 2006;Constant & Yaoxing, 2010;Adelowokan & Maku, 2013;Soi, Koskei, Buigut, and Kibert, 2013;Belloumi, 2014) do not specifically test the Bhagwati hypothesis -i.e., the interaction effect of both FDI and trade openness on economic growth.…”

The Impacts of Domestic and Foreign Direct Investments on Economic Growth in Saudi Arabia

“…However, empirical studies focused mainly on the relationship between foreign direct investment (FDI) and economic growth (Liu et al 2002;Khawar 2005;Sekmen 2007;Tang et al 2008;Thangavelu et al 2009;Adams 2009;Roy and Mandal 2012;Temiz and Gokmen 2014;Belloumi 2014;Omri and Kahouli 2014;Iamsiraroj 2016). For example, Fabry and Zeghni (2002) state that countries with outstanding growth rate are experiencing the largest FDI inflows.…”

“…However, his findings show that FDI does not Granger cause economic growth in Tunisia. Temiz and Gokmen (2014) studied the relation between FDI inflows and economic growth in Turkey using quarterly data from 1992:1 to 2007:3 and employing the Johansen multivariate cointegration approach. Their findings showed no causal relationship between the FDI inflows and economic growth both in the short and long run.…”

Tendencies of Electricity Production and Consumption in the Baltic Sea Region

“…Moran, Graham, Blomström eds. 2005;Tytel, Yudaeva, 2006;Herzer, 2012;Temiz, Gökman, 2014), it is dependent on many specific factors, both from the side of an investor (form of market entry, level of technology transferred) and from the side of the host country (business climate, openness of the economy, market…”