Gürsoy, Faruk; Sekreter, Ahmet; Kalyoncu, Hüseyin - In: International Journal of Economics and Financial Issues 3 (2013) 2, pp. 519-524
This paper aims to investigate empirically the impact of FDI on economic growth for Azerbaijan, Kyrgyz Republic, Kazakhstan, Tajikistan, Turkmenistan, and Uzbekistan over the period 1997-2010. The Johansen cointegration and Granger causality tests are used in order to analyze the causal...