Meltem Ucal|Alfred A. Haug|Mehmet Hüseyin Bilgin
Income inequality and FDI: evidence with Turkish data
article explores foreign direct investment fdi determinants impact income inequality turkey short longrun apply nonlinear autoregressive distributed lag ardl modelling approach suitable small samples data study cover years 1970 2008 empirical results indicate existence cointegration relationship among variables asymmetric adjustment income distribution short longrun negative impact fdi gini coefficient decreasing income inequality statistically significant short longrun though quantitatively small impact cases short run gdp growth increases inequality initially effect reversed next period increases domestic gross capital formation decreases inequality increases literacy rate minor adverse effects income equality however long run variables statistically significant effects gini coefficient reduction population growth rate reduces inequality short run effect long run whereas increase rate reduces inequality long run effect short run