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Foreign Direct Investment & Its Correlation to Economics: The case of Brazil

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dc.contributor.author Temiz Dinç, Dilek
dc.contributor.author Gökmen, Aytaç
dc.date.accessioned 2020-11-23T10:19:24Z
dc.date.available 2020-11-23T10:19:24Z
dc.date.issued 2019
dc.identifier.citation Temiz Dinç, Dilek; Gökmen, Aytaç (2019). "Foreign Direct Investment & Its Correlation to Economics: The case of Brazil", Journal of Transnational Management, vol. 24, no. 4, pp. 323-342. tr_TR
dc.identifier.issn 1547-5778
dc.identifier.uri http://hdl.handle.net/20.500.12416/4183
dc.description.abstract Capital accumulation is the first and foremost important factor to induce economic growth and development in a country. Yet, not every country in the world is bestowed with abundant capital. Thus, in this instance foreign direct investment (FDI) emerges as a good option to supply the necessary amount of capital to countries which are deprived of the necessary capital stock. Moreover, FDI, besides being a catalyst of economic development, is a significant means of transferring technology, knowledge, managerial know-how and constitutes new potentials to create employment opportunities, increase the production volume and enhance the foreign trade balance. Furthermore, the impact of FDI inflow on the economic growth is researched in this paper for Brazil by means of utilizing various econometric methods for the period of 1970–2017. According to the results of this study there is no positive causality between economic growth and FDI inflow in the short-run. Yet, there is a positive and significant causality between FDI inflow and economic growth in the long-run as well as this stems from the fact that investments lead to positive results gradually in the long-term which also means that investments shall be converted into production as much as possible. Moreover, the novelty of this paper is that it is one of the most up-to-date studies to research FDI – economic growth correlation on Brazil in the literature. tr_TR
dc.language.iso eng tr_TR
dc.relation.isversionof 10.1080/15475778.2019.1664216 tr_TR
dc.rights info:eu-repo/semantics/closedAccess tr_TR
dc.title Foreign Direct Investment & Its Correlation to Economics: The case of Brazil tr_TR
dc.type article tr_TR
dc.relation.journal Journal of Transnational Management tr_TR
dc.contributor.authorID 52039 tr_TR
dc.contributor.authorID 17660 tr_TR
dc.identifier.volume 24 tr_TR
dc.identifier.issue 4 tr_TR
dc.identifier.startpage 323 tr_TR
dc.identifier.endpage 342 tr_TR
dc.contributor.department Çankaya Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Siyaset Bilimi ve Uluslararası İlişkiler tr_TR


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