TY  - JOUR
TI  - Understanding the Factors That Affect Foreign Direct Investment in Turkey by Using Mars Method
AB  - Increasing foreign direct investment amount is very significant especially for developing countries inorder to improve economy. Because of this situation, defining the factors that affect foreign direct investment is essential. Within this context, the main purpose of this study is to identify the influencing factors offoreign direct investment in Turkey. Within this scope, annual data for the periods between 1988 and 2015was analyzed in this study. In addition to this situation, Multivariate Adaptive Regression Splines (MARS)method was used so as to achieve this objective. According to the results of the analysis, it was determinedthat current account deficit problem of Turkey affects foreign direct invest negatively. It was identified that ifthe ratio of current account deficit to total GDP is higher than “3.57”, foreign direct investment goes down.This result shows that foreign investors do not prefer to make investment since current account deficit increases fragility in the economy and it is considered as the leading indicator of the economic crisis. Whileconsidering the results of this study, it was recommended that current account deficit problem should beminimized to attract foreign investors make investment in Turkey.
AU  - YÜKSEL, Ufuk Serhat
AU  - KARTAL, Mustafa Tevfik
AU  - ZENGİN, Sinemis
DO  - 10.14784/marufacd.460693
PY  - 2018
JO  - Finansal Araştırmalar ve Çalışmalar Dergisi
VL  - 10
IS  - 18
SN  - 1309-1123
SP  - 177
EP  - 192
DB  - TRDizin
UR  - http://search/yayin/detay/392731
ER  -