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The impact of FDI inflows on economic growth of Uzbekistan

  • 발행기관 아주대학교
  • 지도교수 Young Kyun Song, Sang Hoon Lee
  • 발행년도 2011
  • 제출일 2011-06-20
  • 학위수여년월 2011. 8
  • 학위명 석사
  • 학과 국제대학원 국제경영학과
  • 실제URI http://www.dcollection.net/handler/ajou/000000011729
  • 본문언어 영어
  • 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.

초록/요약

This paper investigates the relationship between foreign direct investment (FDI) inflows and economic growth of Uzbekistan. It examines the contribution of FDI to the economic growth of the country. The economy of Uzbekistan and FDI inflows to the country were reviewed in the primary stages of the study. During the research, macroeconomic activity variables such as gross domestic product (GDP) and its components: FDI inflows, domestic investment, household final consumption expenditure, government final consumption expenditure, export and import of Uzbekistan were examined to analyze the relationship between FDI and economic growth of the country. Aggregated regression model based on the Keynesian model of national income was used to estimate the impact of FDI inflows on economic growth. Secondary data were used in the analysis from the World Bank database and the State Statistics Committee of the Republic of Uzbekistan. The period of analysis is from 1992 to 2009. The result shows that FDI flows to Uzbekistan have a positive significant effect to the economic growth of the country.

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목차

ACKNOWLEDGEMENT i
ABSTRACT ii
CONTENTS iii
LIST OF FIGURES iv
LIST OF TABLES v
ABBREVIATIONS vi
Chapter 1. Introduction 1
1.1. FDI and Economic Growth 1
1.2. Statement of the problem 4
1.3. Research questions and objectives of the study 5
1.4. Relevance of the study 5
1.5. Organization of the Thesis 6
Chapter 2. Economic Outlook and FDI Flows to Uzbekistan 7
2.1. Economic outlook of Uzbekistan 7
2.2. Overview of FDI Flows to Uzbekistan 10
Chapter 3. Review of Related Literature 15
Chapter 4. Methodology 19
4.1. Theoretical Framework 19
4.2. Model and Data 21
4.3. Testing for Unit Roots 22
4.4. Classical assumption tests 23
4.5. Regression Results 24
Chapter 5. Conclusion 26
REFERENCES 28
APPENDIX 30

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