Political Globalization and Foreign Direct Investment Inflows in Turkey

Authors

  • Cem Doğan Mustafa Kemal University
  • Ünal Arslan Mustafa Kemal University

DOI:

https://doi.org/10.18533/ijbsr.v6i5.960

Keywords:

FDI, Political Globalisation, cointegration, Pesaran Bound Test

Abstract

This article examines the impact of political globalization on foreign direct investment inflows to Turkey. Existence of foreign missions in a country, membership in international organizations, participation in U.N. Security Council Missions, and International Treaties are all seen as indicators political globalization. Using different econometric techniques, this study aims to find out whether any empirical relationship between political globalization and FDI exists. The analysis in this article covers the period in Turkey between 1970-2012. The results of cointegration analysis provide no an evidence of a long-run or short run any relationship political globalization and FDI.

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Published

2016-06-26

Issue

Vol. 6 No. 5 (2016): May

Section

Article

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