An analysis of the determinants of foreign direct investment in Turkey: the role of the institutional context

Devrim Dumludag

MPRA Paper from University Library of Munich, Germany

Abstract: This paper tries to empirically verify the argument that institutional factors such as enforcement mechanisms, political and economic stability, stable and reliable, transparent legal and regulatory framework and corruption are critical in explaining the behaviour of the foreign direct investment infl ows in Turkey. The main objective of the study is to ascertain the nature of the obstacles and impediments to the greater fl ow of foreign direct investments into Turkish economy for the recent period by focusing on the results of a questionnaire applied to the executives of 52 multinational corporations operating in Turkey in 2006.

Keywords: Foreign Direct Investment; Institutions; Turkey; Developing Economies (search for similar items in EconPapers)
JEL-codes: C42 D02 F21 F23 (search for similar items in EconPapers)
Date: 2007-12, Revised 2008-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Published in Journal of Business Economics and Management 10.1(2009): pp. 15-30

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:32060

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