Estimation of Effect of Foreign Direct Investment on the Russian Economy during Sanctions Based on Spillover Effects
The study estimates the effect of foreign direct investments (FDI) on the efficiency of enterprises in Russia. The article test the following hypotheses: first – FDI coming from the countries that sanctioned Russia cause larger effect on the efficiency of local companies, unlike China and countries...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | Russian |
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Economic Research Institute of the Far East Branch of the Russian Academy of Sciences
2018-03-01
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| Series: | Prostranstvennaâ Èkonomika |
| Subjects: | |
| Online Access: | http://www.spatial-economics.com/images/spatial-econimics/2018_1/SE.2018.1.037-058.Fedorova.pdf |
| _version_ | 1819080783219916800 |
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| author | Elena Anatolievna Fedorova Alexey Eduardovich Nikolaev Anna Sergeevna Nikolaeva Marina Anatolievna Alekseeva |
| author_facet | Elena Anatolievna Fedorova Alexey Eduardovich Nikolaev Anna Sergeevna Nikolaeva Marina Anatolievna Alekseeva |
| author_sort | Elena Anatolievna Fedorova |
| collection | DOAJ |
| description | The study estimates the effect of foreign direct investments (FDI) on the efficiency of enterprises in Russia. The article test the following hypotheses: first – FDI coming from the countries that sanctioned Russia cause larger effect on the efficiency of local companies, unlike China and countries that didn’t impose sanctions, and the effect depends on the share of property of foreign investors in the local companies; second – increasing the volume of investments into research and development of receivers of FDI causes positive effect on the competitiveness of local enterprises; third – FDI into import substituting industries coming from countries that imposed sanctions cause lesser effect on the competitiveness and operational efficiency of Russian companies. The empirical base of the study includes 168 000 observations among 33 606 Russian enterprises during 2011–201. Based on the study, the authors partially confirm the first hypothesis and fully confirm the second and the third hypotheses |
| first_indexed | 2024-12-21T19:50:22Z |
| format | Article |
| id | doaj.art-26b644f374da4b5a92736be789230f2a |
| institution | Directory Open Access Journal |
| issn | 1815-9834 2587-5957 |
| language | Russian |
| last_indexed | 2024-12-21T19:50:22Z |
| publishDate | 2018-03-01 |
| publisher | Economic Research Institute of the Far East Branch of the Russian Academy of Sciences |
| record_format | Article |
| series | Prostranstvennaâ Èkonomika |
| spelling | doaj.art-26b644f374da4b5a92736be789230f2a2022-12-21T18:52:13ZrusEconomic Research Institute of the Far East Branch of the Russian Academy of SciencesProstranstvennaâ Èkonomika1815-98342587-59572018-03-011375810.14530/se.2018.1.037-058Estimation of Effect of Foreign Direct Investment on the Russian Economy during Sanctions Based on Spillover EffectsElena Anatolievna Fedorova0Alexey Eduardovich Nikolaev1Anna Sergeevna Nikolaeva2Marina Anatolievna Alekseeva3Financial University under the Government of the Russian FederationHigher School of EconomicsFinancial University under the Government of the Russian FederationHigher School of EconomicsThe study estimates the effect of foreign direct investments (FDI) on the efficiency of enterprises in Russia. The article test the following hypotheses: first – FDI coming from the countries that sanctioned Russia cause larger effect on the efficiency of local companies, unlike China and countries that didn’t impose sanctions, and the effect depends on the share of property of foreign investors in the local companies; second – increasing the volume of investments into research and development of receivers of FDI causes positive effect on the competitiveness of local enterprises; third – FDI into import substituting industries coming from countries that imposed sanctions cause lesser effect on the competitiveness and operational efficiency of Russian companies. The empirical base of the study includes 168 000 observations among 33 606 Russian enterprises during 2011–201. Based on the study, the authors partially confirm the first hypothesis and fully confirm the second and the third hypotheseshttp://www.spatial-economics.com/images/spatial-econimics/2018_1/SE.2018.1.037-058.Fedorova.pdfforeign direct investmentsspillover effectsefficiencysanctionsDEAR&DRussia |
| spellingShingle | Elena Anatolievna Fedorova Alexey Eduardovich Nikolaev Anna Sergeevna Nikolaeva Marina Anatolievna Alekseeva Estimation of Effect of Foreign Direct Investment on the Russian Economy during Sanctions Based on Spillover Effects Prostranstvennaâ Èkonomika foreign direct investments spillover effects efficiency sanctions DEA R&D Russia |
| title | Estimation of Effect of Foreign Direct Investment on the Russian Economy during Sanctions Based on Spillover Effects |
| title_full | Estimation of Effect of Foreign Direct Investment on the Russian Economy during Sanctions Based on Spillover Effects |
| title_fullStr | Estimation of Effect of Foreign Direct Investment on the Russian Economy during Sanctions Based on Spillover Effects |
| title_full_unstemmed | Estimation of Effect of Foreign Direct Investment on the Russian Economy during Sanctions Based on Spillover Effects |
| title_short | Estimation of Effect of Foreign Direct Investment on the Russian Economy during Sanctions Based on Spillover Effects |
| title_sort | estimation of effect of foreign direct investment on the russian economy during sanctions based on spillover effects |
| topic | foreign direct investments spillover effects efficiency sanctions DEA R&D Russia |
| url | http://www.spatial-economics.com/images/spatial-econimics/2018_1/SE.2018.1.037-058.Fedorova.pdf |
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