The relations between FDI and democracy: evidence from Turkey

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Tarih

2010

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

This study investigates the relationship between foreign direct investment (FDI) and democracy in Turkey, covering the period 1970-2010 using Johansen (1988) cointegration and Error Correction Model (ECM) tests. The result of the cointegration analysis indicates that there is a long-run relationship between foreign direct investment (FDI) and democracy. Additionally, the Error Correction Model suggests an uni-directional causal relationship from democracy to foreign direct investment. © EuroJournals Publishing, Inc. 2010.

Açıklama

Anahtar Kelimeler

Cointegration analysis, Democracy, Foreign direct investment

Kaynak

International Research Journal of Finance and Economics

WoS Q Değeri

Scopus Q Değeri

N/A

Cilt

56

Sayı

Künye