What causes the regional disparity of FDI in Russia? a spatial analysis
Autor: | Alexandr Yabrukov, Mehtap Hisarciklilar, Saime Suna Kayam |
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Rok vydání: | 2007 |
Předmět: |
Endowment
media_common.quotation_subject jel:C31 Wage jel:F21 International business Foreign direct investment Development Spatial distribution Natural resource jel:F23 Gross Regional Product Economics Spatial econometrics FDI regional disparity spatial econometrics Russia Economic geography jel:R12 Economic system media_common |
Popis: | We analyse the determinants of the regional disparity of FDI inflows to Russia. The spatial distribution of FDI is attributed to regional and/or trans-regional factors. Region specific characteristics such as wage, education level, transportation as well as gross regional product, which accounts for market size, in host and alternative regions are considered to analyze the spatial interaction between regions employing spatial econometrics. We find that shocks to FDI levels in proximate regions have no effect on FDI inflows to hosts. However, FDI in a region depends on spatial market size and endowment of natural resources in alternative host regions. |
Databáze: | OpenAIRE |
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