The Influence of TNC Investment Activity on the Economic Growth of Countries with Emerging Economy

TNCs provide asignificant part of the global industrial production. For developing countries, the issue of attracting FDI has never lost its relevance. TNCs have always been among the priority foreign investors and the main structural element of most world economies. TNCs solve critical issues of ec...

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Main Authors: N. U. Bagayeva, A. K. Arystanova, А. Zh. Musakhanova
Format: Article
Language:English
Published: Institute of Economics under the Science Committee of Ministry of Education and Science RK 2022-04-01
Series:Экономика: стратегия и практика
Subjects:
Online Access:https://esp.ieconom.kz/jour/article/view/629
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author N. U. Bagayeva
A. K. Arystanova
А. Zh. Musakhanova
author_facet N. U. Bagayeva
A. K. Arystanova
А. Zh. Musakhanova
author_sort N. U. Bagayeva
collection DOAJ
description TNCs provide asignificant part of the global industrial production. For developing countries, the issue of attracting FDI has never lost its relevance. TNCs have always been among the priority foreign investors and the main structural element of most world economies. TNCs solve critical issues of economic growth in developing countries with the help of foreign direct investment. The aim of this article is to study the dependence of a developing country’s economic growth on FDI, i.e. consider and explore the relationship between these two indicators. The object of the study is FDI and the GDP of Russia and Kazakhstan. Initially,the study was aimed at identifying the positive and negative aspects of TNCs through the analysis of FDI in Kazakhstan and Russia over the years of independence. Next, the study includes a regression analysis of the contribution of FDI to the GDP of Russia and Kazakhstan. SPSS software was used. The share of GDP for FDI for Kazakhstan and Russia was used as an independent variable. GDP for both countries was taken as the dependent variable. The analyzed period was from 1992 to 2020. Statistical data was used from official sources. Regression analyses performed with dependent variables are significant. Upon the research results, the independent variable for the RF model is higher than for the KZ model. Thus, the level of FDI contribution to GDP growth for Russia is much higher than for Kazakhstan.
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spelling doaj.art-68de6be3c285426ea7f65a1d02222a602023-03-13T07:45:30ZengInstitute of Economics under the Science Committee of Ministry of Education and Science RKЭкономика: стратегия и практика1997-99672663-550X2022-04-0117117118410.51176/1997-9967-2022-1-171-184342The Influence of TNC Investment Activity on the Economic Growth of Countries with Emerging EconomyN. U. Bagayeva0A. K. Arystanova1А. Zh. Musakhanova2Институт экономики КН МОН РККазахский национальный университет им. аль-ФарабиКазахский национальный университет им. аль-ФарабиTNCs provide asignificant part of the global industrial production. For developing countries, the issue of attracting FDI has never lost its relevance. TNCs have always been among the priority foreign investors and the main structural element of most world economies. TNCs solve critical issues of economic growth in developing countries with the help of foreign direct investment. The aim of this article is to study the dependence of a developing country’s economic growth on FDI, i.e. consider and explore the relationship between these two indicators. The object of the study is FDI and the GDP of Russia and Kazakhstan. Initially,the study was aimed at identifying the positive and negative aspects of TNCs through the analysis of FDI in Kazakhstan and Russia over the years of independence. Next, the study includes a regression analysis of the contribution of FDI to the GDP of Russia and Kazakhstan. SPSS software was used. The share of GDP for FDI for Kazakhstan and Russia was used as an independent variable. GDP for both countries was taken as the dependent variable. The analyzed period was from 1992 to 2020. Statistical data was used from official sources. Regression analyses performed with dependent variables are significant. Upon the research results, the independent variable for the RF model is higher than for the KZ model. Thus, the level of FDI contribution to GDP growth for Russia is much higher than for Kazakhstan.https://esp.ieconom.kz/jour/article/view/629экономикатранснациональные корпорациипииразвивающиеся страныввппрактик
spellingShingle N. U. Bagayeva
A. K. Arystanova
А. Zh. Musakhanova
The Influence of TNC Investment Activity on the Economic Growth of Countries with Emerging Economy
Экономика: стратегия и практика
экономика
транснациональные корпорации
пии
развивающиеся страны
ввп
практик
title The Influence of TNC Investment Activity on the Economic Growth of Countries with Emerging Economy
title_full The Influence of TNC Investment Activity on the Economic Growth of Countries with Emerging Economy
title_fullStr The Influence of TNC Investment Activity on the Economic Growth of Countries with Emerging Economy
title_full_unstemmed The Influence of TNC Investment Activity on the Economic Growth of Countries with Emerging Economy
title_short The Influence of TNC Investment Activity on the Economic Growth of Countries with Emerging Economy
title_sort influence of tnc investment activity on the economic growth of countries with emerging economy
topic экономика
транснациональные корпорации
пии
развивающиеся страны
ввп
практик
url https://esp.ieconom.kz/jour/article/view/629
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