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What Drives Foreign Direct Investment into Emerging Markets? : Evidence from Turkey

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  • SULEYMAN TULUG OK

Abstract

The total volume of foreign direct investment (FDI) has increased immensely over the past decade and has become an important impetus behind the economic growth in developing countries. This paper examines the driving factors of FDI in Turkey. The data were collected through a survey of managers and expatriates of firms with foreign capital operating in Turkey and analyzed using nonparametric and parametrical statistical tests. The results show that foreign investors in Turkey regard economic and political instability as the most important barrier and an overwhelming majority of the respondents recommend the establishment of political stability in the country.

Suggested Citation

  • Suleyman Tulug Ok, 2004. "What Drives Foreign Direct Investment into Emerging Markets? : Evidence from Turkey," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 40(4), pages 101-114, July.
  • Handle: RePEc:mes:emfitr:v:40:y:2004:i:4:p:101-114
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    Citations

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    Cited by:

    1. Yassin Elshain Yahia & Liu Haiyun & Muhammad Asif Khan & Sayyed Sadaqat Hussain Shah & Mollah Aminul Islam, 2018. "The Impact of Foreign Direct Investment on Domestic Investment: Evidence from Sudan," International Journal of Economics and Financial Issues, Econjournals, vol. 8(6), pages 1-10.
    2. Mourao, Paulo Reis, 2018. "What is China seeking from Africa? An analysis of the economic and political determinants of Chinese Outward Foreign Direct Investment based on Stochastic Frontier Models," China Economic Review, Elsevier, vol. 48(C), pages 258-268.
    3. Kim, Sokchea, 2006. "Bilateral Investment Treaties, Political Risk and Foreign Direct Investment," MPRA Paper 21324, University Library of Munich, Germany.
    4. Omer Ali Ibrahim & Sufian Eltayeb Mohamed Abdel-Gadir, 2015. "Motives and Determinants of FDI: A VECM Analysis for Oman," Global Business Review, International Management Institute, vol. 16(6), pages 936-946, December.
    5. Tursoy, Turgut, 2009. "Host Country Reforms and FDI Inflows: Some New Evidences from Turkey," MPRA Paper 98520, University Library of Munich, Germany.

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