Arslan, ÜnalZeynep Ökten, N.2024-09-192024-09-1920101450-2887https://hdl.handle.net/20.500.12483/14784This 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.eninfo:eu-repo/semantics/closedAccessCointegration analysisDemocracyForeign direct investmentArticle561111232-s2.0-78349260818N/A