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Regular version of the site

Book chapter

Анализ механизмов распространения ПИИ в предприятия российской пищевой промышленности: региональные аспекты

С. 215-218.

In this research the two mechanisms of the FDI distribution in Russian food industry companies are discussed. We investigate regional characteristics and their spatial lags as determinants of the process. To test the influence of these determinants on the probability to have more than 10% of foreign capital in a company we estimate the hierarchical binary-choice models on a sample of Russian food industry companies (from RUSLANA database, on 2009). According to the results, the hierarchical diffusion of foreign investors is motivated by the seeking of local market and by seeking of the efficiency through lower transportation costs and better investment environment. The local resources in innovations are not significant on this level. When the investors develop new regions they take into account almost all the investigated regional characteristics.