YÜKSELEN PİYASA EKONOMİLERİNDE DOĞRUDAN YABANCI YATIRIMLARIN YAKINSAMASI

Year 2016, Issue: 12, 54 - 69, 31.12.2016

Halil Tunca , Filiz Akbaş-yeşilyurt , Muhammet Ensar Yeşilyurt

Abstract

Bu çalışmada Yükselen piyasa Ekonomilerinin almış olduğu doğrudan yabancı yatırımlar arasında bir yakınsama olup olmadığı analiz edilmiştir. Geleneksel ve β yakınsaması yerine literatürde daha etkin sonuçlar verdiği vurgulanan ikili yaklaşım kullanılmıştır. Analiz dönemi 1990-2015 olup 33 ülke ele incelenmiştir. Sonuç olarak bu ülkelerinin almış olduğu doğrudan yabancı sermaye akımlarında bir yakınsama tespit edilememiştir. Bu doğrudan yabancı sermaye yatırımlarının ülkelerin verdikleri destek/teşvik mekanizmalarından bağımsız olarak ülkelerin kurumsal yapılarından daha fazla etkilendiğini gösterebilir.

Keywords

İkili yaklaşım, Yakınsama, Doğrudan Yabancı Yatırımlar

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