{"title":"The Effects of FDI and Exports on Economic Growth of Russia and its Far Eastern District","authors":"Han-Sol Lee, Woosik Yu","doi":"10.1080/00128775.2022.2114914","DOIUrl":null,"url":null,"abstract":"ABSTRACT This paper empirically tests the effects of FDI and exports on the sustainable economic growth of Russia in general, and that of its Far Eastern District in particular, using a state-level dataset. The results show that FDI inflows positively facilitate the income growth of Russia in general. However, it is export rather than the FDI that plays a key role in inducing economic growth for the Far Eastern district. Based on our empirical analyses, we suggest the Far Eastern states pursue export-led growth strategy and improve the current FDI structure that is distorted toward the energy sector.","PeriodicalId":45883,"journal":{"name":"Eastern European Economics","volume":"60 1","pages":"479 - 497"},"PeriodicalIF":1.3000,"publicationDate":"2022-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Eastern European Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1080/00128775.2022.2114914","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 1
Abstract
ABSTRACT This paper empirically tests the effects of FDI and exports on the sustainable economic growth of Russia in general, and that of its Far Eastern District in particular, using a state-level dataset. The results show that FDI inflows positively facilitate the income growth of Russia in general. However, it is export rather than the FDI that plays a key role in inducing economic growth for the Far Eastern district. Based on our empirical analyses, we suggest the Far Eastern states pursue export-led growth strategy and improve the current FDI structure that is distorted toward the energy sector.
期刊介绍：
Eastern European Economics publishes original research on the newly emerging economies of Central and Eastern Europe, with coverage of the ongoing processes of transition to market economics in different countries, their integration into the broader European and global economies, and the ramifications of the 2008-9 financial crisis. An introduction by the journal"s editor adds context and expert insights on the articles presented in each issue.
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