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What Causes the Regional Disparity of FDI in Russia? A Spatial Analysis

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Author Info

  • Saime Kayam

    ()

  • Alexandr Yabrukov
  • Mehtap Hisarciklilar

Abstract

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. Copyright CEEUN 2013

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Bibliographic Info

Article provided by Springer in its journal Transition Studies Review.

Volume (Year): 20 (2013)
Issue (Month): 1 (April)
Pages: 63-78

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Handle: RePEc:spr:trstrv:v:20:y:2013:i:1:p:63-78

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Related research

Keywords: FDI; Regional disparity; Spatial econometrics; Russia; F21; C31; R12;

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Cited by:
  1. K. Gonchar & Philipp Marek, 2013. "Natural-resource or Market-seeking FDI in Russia? An Empirical Study of Locational Factors Affecting the Regional Distribution of FDI Entries," IWH Discussion Papers 3, Halle Institute for Economic Research.
  2. Ksenia Gonchar & Philipp Marek, 2013. "Natural-resource or market-seeking FDI in Russia? An empirical study of locational factors affecting the regional distribution of FDI entries," HSE Working papers WP BRP 26/EC/2013, National Research University Higher School of Economics.

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