We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
FDI determinants in an idiosyncratic country. A reappraisal over the Russian regions during transition years.
- Authors
Castiglione, Concetta; Gorbunova, Yulia; Infante, Davide; Smirnova, Janna
- Abstract
We investigate the factors attracting FDI into highly diversified Russian regions during the phase of transition, and verify the impact of transition experience on the current FDI inflow. Using cross-sectional and panel data, we demonstrate that the highly inhomogeneous investment pattern is explained, in addition to classical demand factors, by specific economic and socio-institutional regional characteristics. Russia appears as an idiosyncratic country where foreign investors seek a stable social and institutional context. Using recent FDI data we show that transition experiences influence current FDI inflow, particularly when the strength of the institutional environment and availability of infrastructures are taken into account.
- Subjects
RUSSIA; FOREIGN investments; INSTITUTIONAL investments; ECONOMIC demand; PRODUCTION (Economic theory); ECONOMICS; INVESTORS; ECONOMIC conditions in Russia, 1991-
- Publication
Communist & Post-Communist Studies, 2012, Vol 45, Issue 1/2, p1
- ISSN
0967-067X
- Publication type
Article
- DOI
10.1016/j.postcomstud.2012.02.006