Evaluation of the effectiveness of foreign direct investment impact on the activities of domestic companies during the sanctions period: industry aspect
https://doi.org/10.38050/01300105202058
Abstract
The aim of the work is: 1. assessment of the impact of foreign direct investment (FDI) on the performance of domestic companies before and after the imposition of sanctions in the industry context; 2. Evaluation of the performance of export-oriented domestic companies during the period of sanctions. As the assessment methodology were used panel regression, calculation of the Malmquist index, DEA analysis, and calculation of spillover effects. The empirical base of the study included more than 65 thousand companies for 2012-2018. It was found that the highest efficiency of companies with FDI compared to companies without FDI was observed in the following sectors: metallurgical production, chemical production, retail. Export companies show higher rates than national enterprises.
About the Authors
E. A. Fedorova
Financial University under the Government of the Russian Federation
Russian Federation
Russian Federation
Moscow
A. E. Nikolaev
NRU Higher School of Economics
Russian Federation
Russian Federation
Moscow
A. A. Rashchupkina
LLC “ZYFRA”
Russian Federation
Russian Federation
Moscow
F. Yu. Fedorov
LLC “ZYFRA”
Russian Federation
Russian Federation
Moscow
References
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Review
For citations:
Fedorova E.A., Nikolaev A.E., Rashchupkina A.A., Fedorov F.Yu. Evaluation of the effectiveness of foreign direct investment impact on the activities of domestic companies during the sanctions period: industry aspect. Moscow University Economics Bulletin. 2020;(5):158-181. (In Russ.) https://doi.org/10.38050/01300105202058
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