The Impacts of Inward and Outward FDI on Income Inequality in Turkey and Selected Turkic Republics
The Impacts of Inward and Outward FDI on Income Inequality in Turkey and Selected Turkic Republics
Author(s): Hasret Benar BalciogluSubject(s): Business Economy / Management, Political economy, Human Resources in Economy
Published by: Asociaţia de Cooperare Cultural-Educaţională Suceava
Keywords: Balanced Panel Regressions; FDI; Income Inequality; Turkic Republics; Turkey;
Summary/Abstract: This study investigates the effects of inward and outward FDI on income inequality in Turkey, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Turkmenistan and Uzbekistan. The methodology covers panel cointegration techniques and balanced panel regressions. The conclusion is that inward and outward FDI have averagely a negative impact on income inequality in the long-run period but on the other hand the short-run effect of inward and outward FDI on income inequality is positive. The conclusion is robust to using different methods for estimation, sample selection and controlling for potential outliers.
Journal: Ecoforum
- Issue Year: 7/2018
- Issue No: 1
- Page Range: 0-0
- Page Count: 8
- Language: English