The linkage between foreign direct investment and trade openness in the Russian economy: an ARDL bound testing approach
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F25%3A43928057" target="_blank" >RIV/62156489:43110/25:43928057 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.5922/2079-8555-2025-3-7" target="_blank" >https://doi.org/10.5922/2079-8555-2025-3-7</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.5922/2079-8555-2025-3-7" target="_blank" >10.5922/2079-8555-2025-3-7</a>
Alternative languages
Result language
angličtina
Original language name
The linkage between foreign direct investment and trade openness in the Russian economy: an ARDL bound testing approach
Original language description
This study examines the relationship between foreign direct investment (FDI), trade openness, and economic growth in Russia using annual time series data from 1993 to 2022. Utilizing the Autoregressive Distributed Lag (ARDL) approach, the findings reveal that FDI and trade have positive short-term effects on economic growth but no significant long-term impact. Supporting variables such as the real effective exchange rate positively influence growth in both the short and long term, while youth unemployment shows mixed short-term effects and a consistently negative long-term impact. Military spending has no short-term effect but negatively impacts growth in the long term, whereas inflation exhibits both positive and negative short-term influences and a negative longterm relationship with growth. Granger causality analysis highlights a unidirectional relationship between economic growth and trade openness, military spending, and the real effective exchange rate. The findings suggest policies to attract sustainable foreign investment, enhance trade, tackle youth unemployment, reassess defense budgets, and maintain stable monetary policies.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Baltic Region
ISSN
2079-8555
e-ISSN
2310-0524
Volume of the periodical
17
Issue of the periodical within the volume
3
Country of publishing house
RU - RUSSIAN FEDERATION
Number of pages
27
Pages from-to
123-149
UT code for WoS article
001620435900007
EID of the result in the Scopus database
2-s2.0-105026397628