The study at hand is the first of its kind that aimed to provide a comprehensive analysis of the determinants of foreign direct investment (FDI) Contribution/ OriginalityThis study contributes to the existing literature by serving as the first comprehensive analysis of short-and longrun foreign direct investment determinants of Mongolia, and their causal relationships. It methodically employs a series of econometric methods, including the recently developed autoregressive distributed lag bounds testing approach to cointegration.