Özet:

Emerging market economies represent a group of countries whose economic and social weight is expected to increase in the world in terms of the increase in their share of World Trade, high growth rates, increasing population and potential in the recent period. “Technology” is considered important for the emergence of existing potential in these countries. But emerging market economies have lagged behind developed countries in technology and failed to unlock their potential. Foreign Direct Investment (FDI), on the other hand, is an important type of investment that brings many developments in both economic and social terms, especially in technology. FDI provides capital and technology transfer to the country of entry. It is assumed that this transfer of technology will be transferred to other sectors as a result of the spread, which will lead to both economic and social development. Therefore, it becomes important to determine the economic and social factors that determine FDI. In this study, the determinants of FDI are investigated in the short and long term using data from 22 emerging market economies selected for the period 1996-2019. According to the results obtained using the panel ARDL method, increases in corruption control, external openness rate, total labor force, gross fixed capital and rule of law variables have a positive impact on FDI, while increases in political risks negatively affect FDI inflows.

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