Ovchinnikov V.N.National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation robinzara@mail.ru
Importance Under severe shortage of own sources to finance economic growth, developing countries tend to attract funds from abroad in the form of foreign direct investment (FDI). Objectives The study aims to explore models of interaction of Russian regions with certain investment partners, in particular, to identify preconditions and results of presence of investors from China in the subjects of the Russian Federation. Methods In the work, I built a multivariate regression model (pooled regression) for 2010–2013 that reflects the motives of Chinese investors for FDI in Russian regions. Results Using the econometric methods, the study proves that investors from China are looking for raw commodities in the neighboring to Beijing Russian regions that do not have an intense resource base. Conclusions The obtained scientific results define the further vector of research in the analysis and modeling approaches of individual countries or groups of countries to implement FDI in the subjects of the Russian Federation, which will give rise to a balanced and reasonable regional investment policy.
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