Affiliation:
1. AYDIN ADNAN MENDERES ÜNİVERSİTESİ, NAZİLLİ İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ
2. AYDIN ADNAN MENDERES ÜNİVERSİTESİ, NAZİLLİ İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, İKTİSAT BÖLÜMÜ
Abstract
In this study, the effect of political, economic, and financial risks on foreign direct investments was analyzed for Turkey using the ARDL bounds test approach. The analysis using monthly data covers the period of 1992:M1-2016M:12. According to the results of the study, political risk and economic risk have a positive effect on foreign direct investments in the long run. According to the short-term results, while financial risk affects foreign direct investments positively, political and economic risks affect them negatively. These results show that political, economic, and financial stability strongly affects foreign direct investment inflows in Turkey. For this reason, it is very important to consider country risks to attract foreign direct investment inflows that contribute to the growth, development, and financial development of Turkey, which is a developing country.
Publisher
International Journal of Economics and Innovation
Subject
Religious studies,Cultural Studies
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