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Determinants Of Foreign Direct Investment Inflows: The Case Of Heterogeneous Russian Regions

Author

Listed:
  • Rogneda Groznykh

    (Ural Federal University)

  • Igor Drapkin

    (Ural Federal University)

  • Oleg Mariev

    (Ural Federal University)

Abstract

The research is devoted to analysis of various regional factors that attract foreign direct investment. Taking into account that foreign direct investment can give a possibility to solve different social and economic problems, the main objective of the study is to reveal factors that promote foreign direct investment to regions of Russia. In the research two types of regions are considered: mining and non-mining. It is proposed that mining regions in Russia attract more foreign direct investment compared to non-mining ones. Therefore we provide econometric estimation on the database for 83 Russian regions for period from 2001 to 2017 using fixed-effects regression estimation. According to the results of the research a range of recommendations can be developed in order to enlarge foreign direct investment inflows.

Suggested Citation

  • Rogneda Groznykh & Igor Drapkin & Oleg Mariev, 2019. "Determinants Of Foreign Direct Investment Inflows: The Case Of Heterogeneous Russian Regions," Proceedings of Economics and Finance Conferences 8911540, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iefpro:8911540
    as

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    File URL: https://iises.net/proceedings/11th-economics-finance-conference-rome/table-of-content/detail?cid=89&iid=006&rid=11540
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    References listed on IDEAS

    as
    1. Mariev Oleg Svyatoslavovich & Drapkin Igor Mikhailovich & Chukavina Kristina Vladimirovna & Rachinger Heiko, 2016. "Determinants of FDI inflows: the case of Russian regions," Экономика региона, CyberLeninka;Федеральное государственное бюджетное учреждение науки «Институт экономики Уральского отделения Российской академии наук», vol. 12(4), pages 1244-1252.
    2. Svetlana Ledyaeva, 2009. "Spatial Econometric Analysis of Foreign Direct Investment Determinants in Russian Regions," The World Economy, Wiley Blackwell, vol. 32(4), pages 643-666, April.
    3. Ichiro Iwasaki & Keiko Suganuma, 2005. "Regional Distribution of Foreign Direct Investment in Russia," Post-Communist Economies, Taylor & Francis Journals, vol. 17(2), pages 153-172.
    4. Bruce A. Blonigen & Ronald B. Davies & Glen R. Waddell & Helen T. Naughton, 2019. "FDI in Space: Spatial Autoregressive Relationships in Foreign Direct Investment," World Scientific Book Chapters, in: Foreign Direct Investment, chapter 2, pages 55-88, World Scientific Publishing Co. Pte. Ltd..
    5. Bevan, Alan A. & Estrin, Saul, 2004. "The determinants of foreign direct investment into European transition economies," Journal of Comparative Economics, Elsevier, vol. 32(4), pages 775-787, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    foreign direct investment inflows; Russian regions; mining region; education; roads density; railway density;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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