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Determinants of Foreign Direct Investment During Economic Transition in Mongolia

Davaakhuu, Oyunbadam, Sharma, Kishor and Bandara, Yapa (2015). Determinants of Foreign Direct Investment During Economic Transition in Mongolia. Australasian Journal of Regional Studies,21(1):138-158.

Document type: Journal Article
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IRMA ID 84550754xPUB110
Title Determinants of Foreign Direct Investment During Economic Transition in Mongolia
Author Davaakhuu, Oyunbadam
Sharma, Kishor
Bandara, Yapa
Journal Name Australasian Journal of Regional Studies
Publication Date 2015
Volume Number 21
Issue Number 1
ISSN 1324-0935   (check CDU catalogue  open catalogue search in new window)
Start Page 138
End Page 158
Total Pages 21
Place of Publication Australia
Publisher Regional Science Association, Australian and New Zealand Section
Field of Research 1499 - Other Economics
HERDC Category C1 - Journal Article (DIISR)
Abstract This paper investigates the trends, patterns and determinants of foreign investment in Mongolia using a panel data set of 17 countries over 21 years. The empirical evidence suggest market growth rate, quality of infrastructure, geographic proximity and the Chinese economic boom are the important determinants of foreign direct investment in Mongolia. In terms of policy implications, our findings suggest that Mongolia can attract much needed technology and capital for ensuring employment-intensive growth, particularly in manufacturing and agriculture, through further reforms with a heavy focus on infrastructure
development.
Keywords Mongolia
foreign direct investment
economic transition policy reforms
Description for Link Link to published version
URL http://anzrsai.org/assets/Uploads/PublicationChapter/Davaakhuu-et-al-final.pdf
 
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