Impact of Foreign Direct Investment on the Russian Regions Disparitites in the Level of Production and Dynamics of Interregional Inequality

The article examines the contribution of foreign direct investment to the production of Russian regions and to the interregional inequality in GRP per capita in real terms for the period of 2005–2015. The methods used embrace calculation of the inequality indices, construction of the Cobb – Douglas...

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Main Author: Marina Yurievna Malkina
Format: Article
Language:Russian
Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2017-12-01
Series:Prostranstvennaâ Èkonomika
Subjects:
Online Access:http://www.spatial-economics.com/images/spatial-econimics/2017_4/SE.2017.4.059-080.Malkina.pdf
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author Marina Yurievna Malkina
author_facet Marina Yurievna Malkina
author_sort Marina Yurievna Malkina
collection DOAJ
description The article examines the contribution of foreign direct investment to the production of Russian regions and to the interregional inequality in GRP per capita in real terms for the period of 2005–2015. The methods used embrace calculation of the inequality indices, construction of the Cobb – Douglas type five-factor production functions including FDI, the Shorrocks technique of inequality decomposition modified by J. Morduch and T. Sicularfor regression-type models, and the proportional method of factor analysis. We found the negative dynamics of interregional inequality in FDI per capita up to 2012; lowalbeit growing up to 2011 the GRP elasticity with respect to FDI; small contribution of FDI to the reduction of interregional inequality in Russian economy in the period under review. The results obtained are applicable for assessment of the FDI efficiency in a country and its regions
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spelling doaj.art-cf66283d133d43429f36ebcdbcddf9232022-12-22T02:08:54ZrusEconomic Research Institute of the Far East Branch of the Russian Academy of SciencesProstranstvennaâ Èkonomika1815-98342587-59572017-12-014598010.14530/se.2017.4.059-080Impact of Foreign Direct Investment on the Russian Regions Disparitites in the Level of Production and Dynamics of Interregional InequalityMarina Yurievna Malkina0Lobachevsky State University of Nizhni NovgorodThe article examines the contribution of foreign direct investment to the production of Russian regions and to the interregional inequality in GRP per capita in real terms for the period of 2005–2015. The methods used embrace calculation of the inequality indices, construction of the Cobb – Douglas type five-factor production functions including FDI, the Shorrocks technique of inequality decomposition modified by J. Morduch and T. Sicularfor regression-type models, and the proportional method of factor analysis. We found the negative dynamics of interregional inequality in FDI per capita up to 2012; lowalbeit growing up to 2011 the GRP elasticity with respect to FDI; small contribution of FDI to the reduction of interregional inequality in Russian economy in the period under review. The results obtained are applicable for assessment of the FDI efficiency in a country and its regionshttp://www.spatial-economics.com/images/spatial-econimics/2017_4/SE.2017.4.059-080.Malkina.pdfforeign direct investmentregionunevennessdevelopmentproduction functiondecomposition of inequality
spellingShingle Marina Yurievna Malkina
Impact of Foreign Direct Investment on the Russian Regions Disparitites in the Level of Production and Dynamics of Interregional Inequality
Prostranstvennaâ Èkonomika
foreign direct investment
region
unevenness
development
production function
decomposition of inequality
title Impact of Foreign Direct Investment on the Russian Regions Disparitites in the Level of Production and Dynamics of Interregional Inequality
title_full Impact of Foreign Direct Investment on the Russian Regions Disparitites in the Level of Production and Dynamics of Interregional Inequality
title_fullStr Impact of Foreign Direct Investment on the Russian Regions Disparitites in the Level of Production and Dynamics of Interregional Inequality
title_full_unstemmed Impact of Foreign Direct Investment on the Russian Regions Disparitites in the Level of Production and Dynamics of Interregional Inequality
title_short Impact of Foreign Direct Investment on the Russian Regions Disparitites in the Level of Production and Dynamics of Interregional Inequality
title_sort impact of foreign direct investment on the russian regions disparitites in the level of production and dynamics of interregional inequality
topic foreign direct investment
region
unevenness
development
production function
decomposition of inequality
url http://www.spatial-economics.com/images/spatial-econimics/2017_4/SE.2017.4.059-080.Malkina.pdf
work_keys_str_mv AT marinayurievnamalkina impactofforeigndirectinvestmentontherussianregionsdisparititesinthelevelofproductionanddynamicsofinterregionalinequality