2015 ,№1

Factors of foreign direct investment attraction across the Russian regions: the results of econometric modeling

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Abstract:

The article discusses the theoretical models of foreign direct investment attraction. Five groups of attraction factors are extracted: indicators of socio-economic environment in regions, infrastructure, region openness, regional economic policy and innovative activity. The article derives the results of empirical analysis of the econometric model using the fixed effects method towards panel data. The results imply the factors affecting the distribution of FDI inflows among Russian regions.

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Yana M. Reshetova  – Cand. Sci. (Econ.), Junior Research Associate, Institute of Economics of the Ural Branch of Russian Academy of Sciences (Ekaterinburg, Russian Federation; e-mail: yanar80@mail.ru).

Danil E. Shilkov – Graduate student, Ural Federal University named after the First President of Russia B. N. Yeltsin, Department of Econometrics and Statistics (Ekaterinburg, Russian Federation;  e-mail: 3720424@gmail.com).

Irina S. Shorokhova — Senior Lecturer, Department of Econometrics and Statistics, Ural Federal University named after the First President of Russia B. N. Yeltsin (Ekaterinburg, Russian Federation; e-mail: i.s.shorohova@urfu.ru).

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