Impact of foreign direct investment on domestic investment in developing countries
Автор: Mamatkulov Abdurashid
Журнал: Бюллетень науки и практики @bulletennauki
Рубрика: Экономические науки
Статья в выпуске: 9 т.6, 2020 года.
Бесплатный доступ
Author analyzes the impact of foreign direct investment on domestic investment in host developing countries and checks whether a foreign direct investment has a “positive” or “negative” impact on domestic investment, as well as evaluating the impact of selected variables on this relationship. Using a full sample, the main conclusion of this study is that FDI does have a positive (crowding out) effect on domestic investment in this sample of developing economies. In the short term, an increase in FDI by one percentage point as a percentage of GDP leads to an increase in total investment as a percentage of the host country’s GDP of about 10.7%, while in the long term this effect is about 31% dollar terms, one US dollar represents USD 1.7 of total investment in the short term and USD 3.1 in the long term. Based on the results of this study, it was once again proved that inflation hinders domestic investment in host countries by 0.04% and 0.12% in the short and long term, respectively.
Transnational enterprises, domestic investment, aggregate capital accumulation, crowd effect, displacement effect, real domestic interest rate
Короткий адрес: https://sciup.org/14117887
IDR: 14117887 | DOI: 10.33619/2414-2948/58/27
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