The importance of geopolitıcal rısk and ınstıtutıonal qualıty ındıcators on foreıgn dırect ınvestment to brıcs countrıes

[ X ]

Tarih

2023

Yazarlar

Çetin, Mümin Atalay

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Institute for Economic Forecasting

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

Increasing geopolitical risks and deteriorated institutional quality could be an important obstacle on economic development, especially for developing countries. This study is aimed to examine the long run impacts of geopolitical risk and institutional quality indicators on Foreign Direct Investments (FDI) in BRICS countries during 1992-2019 with using dynamic panel data estimators. According to the findings, increasing geopolitical risk has a significant and negative impact on FDI inflows while improvements in rule of law and equal distribution of resources have significant and positive impacts on FDI inflows. Besides, long run elasticity findings revealed that developments in institutional quality have a relatively a strong impact on FDI compared with the adverse impact of increasing geopolitical risks.

Açıklama

Anahtar Kelimeler

BRIC, BRICS, Equal Distribution of Resourc

Kaynak

Romanian Journal of Economic Forecasting

WoS Q Değeri

N/A

Scopus Q Değeri

Q2

Cilt

26

Sayı

4

Künye