The Impacts of Outward FDI on Income Inequality in Selected OECD countries

Year 2020, Volume: 7 Issue: 2, 49 - 59, 29.12.2020

Nazife Özge Kılıç , Şekip Yazgan

https://doi.org/10.34232/pjess.769595

Abstract

In today’s world, where globalization is rapidly advancing, the spread of foreign direct investments across the world has caused the income distribution in these countries to deteriorate. With this globalization process, the concept of income inequality has become more and more important. For this purpose, the effect of foreign direct investment outflows (ODI) on income inequality has been analyzed with annual data covering the period 2003-2018 for 10 countries selected from OECD countries. In the study, the stationarity of the variables was checked with panel unit root tests and it was decided to use the panel ARDL model. According to the findings obtained, foreign direct investment outflows in countries affect the income distribution inequality statistically and positively.

Keywords

ODI, GINI Coefficient, Panel ARDL, OECD Countries

Seçilmiş OECD Ülkelerinde Doğrudan Yabancı Yatırım Çıkışlarının Gelir Eşitsizliği Üzerindeki Etkileri

Abstract

Küreselleşmenin hızla ilerlediği günümüzde doğrudan yabancı yatırımların dünya ülkelerinin geneline yayılması bu ülkelerdeki gelir dağılımının bozulmasına neden olmuştur. Bu küreselleşme süreciyle birlikte gelir eşitsizliği kavramı da giderek daha önemli hale gelmiştir. Bu amaçla çalışmada doğrudan yabancı sermaye yatırım çıkışlarının (ODI) gelir eşitsizliği üzerindeki etkisi OECD ülkelerinden seçilen 10 ülke için 2003-2018 dönemini kapsayan yıllık verilerle incelenmiştir. Çalışmada öncelikle panel birim kök testleri ile değişkenlerin durağanlıkları kontrol edilmiş ve panel ARDL modelinin kullanılmasına karar verilmiştir. Elde edilen bulgulara göre, panelin geneli için ülkelerdeki doğrudan yabancı sermaye yatırım çıkışları gelir dağılımı eşitsizliğini istatistiksel olarak anlamlı ve pozitif etkilemektedir.

Keywords

ODI, GINI Katsayısı, Panel ARDL, OECD

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