| 摘 要： | For two decades, the questions of what really motivates foreign investors to invest in a certain country remain unanswered and a controversial issue. Moreover, previous studies have overwhelmingly treated FDI （foreign direct investment） as unidimensional rather than multidimensional. In reality, FDI is rather multidimensional in that it is composed of components （equity capital, reinvested earnings, and other capital）, each with its intrinsic characteristics in response to the same economic fundamentals, such as growth, institutional quality, exchange rate, taxes, market size, skill abundance, etc. Therefore, the main objective of this study was to seek the major determinants of the total FDI inflows in Turkey by treating total FDI as multidimensional to avoid a distorted empirical prediction concerning the total FDI, which is greatly neglected in the FDI literature. Accordingly, the author employed the panel corrected standard error （PCSE） model for annual data between 2003 and 2012, he found that FDIs are responsive to the country risk （CR） indices of both Turkey and EU （European Union） and to the tax measures of 2006.
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