The Impact of Terrorism on Foreign Direct Investment: The Case of Turkey

dc.contributor.authorArı, Yılmaz Onur
dc.contributor.authorIbrahım, Bello
dc.date.accessioned2024-10-04T19:07:39Z
dc.date.available2024-10-04T19:07:39Z
dc.date.issued2021
dc.departmentBayburt Üniversitesien_US
dc.description.abstractForeign Direct Investment (FDI) is a key source of foreign exchange, new jobs and bleeding-edgetechnology transfers for the developing countries. However, terrorist attacks in a country are an importantfactor determining the preferences of companies in investing abroad.Turkey has been facing both internal and external terrorist groups’ attacks since the late 1980s. In thiscontext, this study discussed the impact of terrorism on FDI inflows in Turkey for the period 1990-2019.Autoregressive Distributed Lag (ARDL) bounds testing approach to co-integration was used in the study.The study revealed that terrorism affects FDI in Turkish economy positively and not significantly in theshort-run, while negatively and significantly in the long-run. Furthermore, the impact of some supportivevariables- inflation, trade openness, military expenditure and remittances on FDI and terrorism in themodel was also examined in the paper. The results concluded that trade openness shows a negative andsignificant impact on FDI both in the short-run and long-run. Remittances shows a negative and significantresult. This indicate that there is a short-run negative relationship between remittances and FDI. Inflationshows a positive but not a significant impact on FDI, and military expenditure also shows a negative andnon-significant impact in the short run, which normally has to be positive.en_US
dc.identifier.doi10.15659/3.sektor-sosyal-ekonomi.21.09.1598
dc.identifier.endpage1797en_US
dc.identifier.issn2148-1237
dc.identifier.issn2587-0114
dc.identifier.issue3en_US
dc.identifier.startpage1781en_US
dc.identifier.trdizinid454345en_US
dc.identifier.urihttps://doi.org/10.15659/3.sektor-sosyal-ekonomi.21.09.1598
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/454345
dc.identifier.urihttp://hdl.handle.net/20.500.12403/4784
dc.identifier.volume56en_US
dc.indekslendigikaynakTR-Dizinen_US
dc.language.isoenen_US
dc.relation.ispartofÜçüncü Sektör Sosyal Ekonomien_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.titleThe Impact of Terrorism on Foreign Direct Investment: The Case of Turkeyen_US
dc.typeArticleen_US

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