Abstract
In this paper, we provide an empirical analysis of the determinants of FDI inflows into Russian regions for the post-crisis period (1999–2005). Using cross-section OLS we obtained the following results. First, the main determinants of FDI inflows into Russian regions during transition were market size, the presence of big cities, oil and gas resources and political and legislative risk factors. The hydrocarbon-endowed Sakhalin region almost stands as an FDI determinant by itself.
An extended version of this paper is forthcoming under the title “Spatial Econometric Analysis of Foreign Direct Investment Determinants in Russian Regions” in the World Economy Journal.
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Ledyaeva, S. (2009). Foreign Direct Investment Determinants in Post-Crisis Russia: Empirical Evidence. In: Tondl, G. (eds) The EU and Emerging Markets. Schriftenreihe der Österreichischen Gesellschaft für Europaforschung (ECSA Austria) / European Community Studies Association of Austria Publication Series, vol 12. Springer, Vienna. https://doi.org/10.1007/978-3-211-92662-8_5
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DOI: https://doi.org/10.1007/978-3-211-92662-8_5
Publisher Name: Springer, Vienna
Print ISBN: 978-3-211-92661-1
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