Discrete and Continuous Models and Applied Computational ScienceDiscrete and Continuous Models and Applied Computational ScienceDiscrete and Continuous Models and Applied Computational Science2658-46702658-7149Peoples' Friendship University of Russia named after Patrice Lumumba (RUDN University)3446210.22363/2658-4670-2023-31-1-46-63VEMDSAArticlesСтатьиResearch ArticleCausality relationship between foreign direct investments and economic improvement for developing economies: Russia case studyПричинно-следственная связь между прямыми иностранными инвестициями и экономическим ростом в развивающихся странах: российский опытhttps://orcid.org/0000-0003-1996-577XBrouKouame A.БруК. А.

PhD student of Department Information Technology

broureino@gmail.comhttps://orcid.org/0000-0003-4490-2017SmirnovIvan V.СмирновИ. В.

Candidate of Physical and Mathematical Sciences, Assistant Professor of Department Information technology of Peoples’ Friendship University of Russia (RUDN University); Head of department of Federal Research Center “Computer Science and Control” Russian Academy of Sciences

ivs@isa.ruPeoples’ Friendship University of Russia (RUDN University)Российский университет дружбы народовFederal Research Center “Computer Science and Control” of RASФедеральный исследовательский центр «Информатика и управление» РАН30032023311VOL 31, NO1 (2023)ТОМ 31, №1 (2023)466320042023Copyright ©; 2023, Brou K.A., Smirnov I.V.Copyright ©; 2023, Бру К.А., Смирнов И.В.2023Brou K.A., Smirnov I.V.Бру К.А., Смирнов И.В.https://creativecommons.org/licenses/by-nc/4.0https://journals.rudn.ru/miph/article/view/34462

Foreign direct investment (FDI) can have a significant impact on economic development in developing economies like Russia. FDI can bring in capital, technology, and management expertise that can stimulate economic growth, increase employment, and improve productivity. In the case of Russia, FDI has played a vital role in the country’s economic development. A study conducted by the World Bank in 2019 found that FDI inflows have contributed significantly to Russia’s economic growth and led to increased productivity, employment, and exports. The article analyzes the relationship between foreign direct investment and economic growth in Russia using ARDL cointegration and Toda-Yamamoto causality analysis test. The results reveal that there is no causality relation between GDP growth and foreign direct investment inflow in Russia. Overall, foreign direct investment effectively contributes to economic growth in Russia in the short term and not really in the long run.

Прямые иностранные инвестиции (ПИИ) могут оказать значительное влияние на экономическое развитие развивающихся стран, таких как Россия. ПИИ привлекают капитал, технологии и управленческий опыт, что может стимулировать экономический рост, увеличить занятость и повысить производительность. В случае России ПИИ сыграли жизненно важную роль в экономическом развитии страны. Исследование, проведенное Всемирным банком в 2019 году, показало, что приток ПИИ в значительной степени способствовал экономическому росту России и привел к повышению производительности, занятости и экспорта. В статье анализируется взаимосвязь между прямыми иностранными инвестициями и экономическим ростом в России с использованием метода коинтеграции ARDL и подхода к причинно-следственному анализу Тода-Ямамото. Результаты нашего анализа показывают отсутствие причинноследственной связи между притоком прямых иностранных инвестиций в Россию и ростом ВВП. Однако в целом прямые иностранные инвестиции эффективно способствуют экономическому росту в России в краткосрочной перспективе.

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