A STUDY ON FDI AND ECONOMIC GROWTH IN KAZAKHSTAN
- 발행기관 아주대학교
- 지도교수 Byeong-Yun Chang
- 발행년도 2011
- 제출일 2011-06-20
- 학위수여년월 2011. 8
- 학위명 석사
- 학과 국제대학원 국제경영학과
- 실제URI http://www.dcollection.net/handler/ajou/000000011728
- 본문언어 영어
- 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
FDI plays a substantial role in the process of transforming the former Soviet Union states into the market economy system. Moreover, nowadays we can observe a quite fierce competition for attracting investments among developing countries. In this context, a defining and proper regulation of the determinants of Foreign Direct Investment (FDI) enact crucially in building a successful investment policy to enhance the economy. However, recent studies on the countries with former centrally planned economies, such as Eastern Europe and Commonwealth of Independent States (CIS) countries, show that FDI inflows not always determine economic growth and, in some cases, may even have negative effect rather than positive spillover. This work examines a number of determinants, which have implications for investment in Republic of Kazakhstan according to previous studies, as well as the relationship between FDI and economic growth of the state. In conclusive provisions there are some recommendations and suggestions for future studies. Keywords: foreign direct investment, determinants, economic growth, Kazakhstan
more목차
ABSTRACT i
ACKNOWLEDGEMENT ii
TABLE OF CONTENTS iii
LIST OF TABLES iv
LIST OF FIGURES v
LIST OF ABBREVIATIONS vi
CHAPTER 1 INTRODUCTION 1
1.1 Statement of the Problem 1
1.2 Objectives and Scopes of the Study 2
CHAPTER 2 OVERVIEW OF ECONOMIC SITUATION AND FDI INFLOWS IN KAZAKHSTAN AFTER INDEPENDENCE 4
2.1 Overview of the Economic Situation 4
2.2 Overview of FDI Inflows and its Role in Economy 7
CHAPTER 3 LITERATURE REVIEW 11
3.1 The Determinants of FDI: Theories and Previous Studies 11
3.2 The Relationship between FDI and Economic Growth 13
CHAPTER 4 METHODOLOGY, MODELS AND DATA 15
4.1 Variables and Model for FDI Determinants Analysis 15
4.2 Methodology and Model for the Analysis of the Relationship between FDI and Economic Growth 17
4.3 Data 20
CHAPTER 5 EMPIRICAL RESULTS AND DISCUSSION 21
5.1 Empirical Results for FDI Determinants Model 21
5.2 Empirical Results for the Analysis of the Relationship between FDI and Economic Growth 26
CHAPTER 6 CONCLUSION 30
BIBLIOGRAPHY 33
APPENDIX 1 35
APPENDIX 2 39
APPENDIX 3 41
APPENDIX 4 44
APPENDIX 5 45
