The Impact of Foreign Direct Investment on Industrial Economic Growth in Belarus

Maryia Akulava

No 11, BEROC Working Paper Series from Belarusian Economic Research and Outreach Center (BEROC)

Abstract: This paper analyses the impact of foreign direct investment (FDI) on economic performance using the Belarusian industrial aggregated panel data over the 2002-2009 period. The paper didn’t reveal any general influence of FDI on the economic performance. However, a very diverse FDI impact at the industrial level was found. The obtained results showed that the foreign capital distribution across sectors of the economy determines the FDI impact on economic performance. The results revealed both positive impact of FDI (the construction industry, IT, real estate, machinery, food and fuel industry) and negative (black metallurgy, construction materials, forestry, communications, culture).

Keywords: Foreign Direct Investment; cross-industrial differences; Belarus (search for similar items in EconPapers)
JEL-codes: C33 F21 F23 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2011-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:bel:wpaper:11

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