REMITTANCES AND ECONOMIC GROWTH IN TURKEY

Authors

  • Huseyin KARAMELIKLI Karabuk University
  • Yilmaz BAYAR USREMITTANCES AND ECONOMIC GROWTH IN TURKEYAK UNIVERSITY

Keywords:

economic growth, remittances, Autoregressive Distributed Lag analysis

Abstract

Savings are one of the important determinants beyond the theories of economic growth. Therefore remittances and foreign direct investment inflows have importance for the countries having insufficient savings. This study examines the relationship between economic growth, remittances, foreign direct investment inflows and gross domestic savings in Turkey during the period 1974-2013 by using Autoregressive Distributed Lag approach. We found that remittances, foreign direct investment and gross domestic savings had positive impact on economic growth.

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Published

20.07.2015

Issue

Vol. 4 No. 2 (2015)

Section

Business Economics, Sustainable Development, Public Administration and Law

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