caerCentral Asian Economic ReviewCentral Asian Economic Review2789-43982789-4401Университет Нархозcaer-87Research ArticleИНВЕСТИЦИИ, ФИНАНСЫ И УЧЕТINVESTMENT, FINANCE AND ACCOUNTINGВЛИЯНИЕ ИНСТИТУЦИОНАЛЬНЫХ ФАКТОРОВ НА ПРИВЛЕЧЕНИЕ ПРЯМЫХ ИНОСТРАННЫХ ИНВЕСТИЦИЙIMPACT OF INSTITUTIONAL FACTORS ON ATTRACTING FOREIGN DIRECT INVESTMENTАширбековаЛ. Ж.AshirbekovaL. Zh.

Аширбекова Лаура Жалгасовна – кандидат экономических наук, старший преподаватель

Алматы 

Almaty

ЖұмағұлТ. Т.ZhumagulT. T.

Жұмағұл Төрехан Төребекұлы – докторант PhD

Алматы

Almaty

torekhan07@gmail.comКазахский национальный университет имени аль-ФарабиКазахстанАl-Farabi Kazakh National UniversityKazakhstan20202802202001123134Copyright © Аширбекова Л.Ж., Жұмағұл Т.Т., 20202020Аширбекова Л.Ж., Жұмағұл Т.Т.Ashirbekova L.Z., Zhumagul T.T.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://caer.narxoz.kz/jour/article/view/87

Целью исследования является доказательство влияния институциональных факторов на приток прямых иностранных инвестиций, что важно только странам, где общий национальный доход на душу населения превышает уровень выше среднего.Методология. Авторы в этом исследовании разработали и использовали методику, определяющую предельный уровень развития государства, учитывающую при принятии инвестором решения об инвестировании в определенную страну.Оригинальность/ценность исследования. Значимость работы раскрывает, что в зависимости от разнообразия уровня развития развивающихся стран, существует предельная степень экономического развития и только после того, как она будет превышена, будет возрастать значение институциональной среды в привлечении ПИИ. Другими словами, для наименее развитых стран институциональные факторы не влияют на приток ПИИ.В результате исследования было доказано, что институциональные факторы влияют на ПИИ только тогда, когда валовый национальный доход страны выше среднего. Что означает, институциональные изменения предпринимаемые с целью привлечения ПИИ, были определены целесообразными после того, как валовый национальный доход государства на душу населения превысит определенный предел.

The purpose of this study is to prove impact of institutional factors on attracting foreign direct investment, which is important only for countries where Gross National Income per capita exceeds the level above average.Methodology. Аuthors developed and used a methodology that determines limited development level of the state, which can be taken into account when an investor makes a decision to invest in a particular country.The оriginality /value of research reveals that the institutional environment in attracting FDI will increase if recipient country will exceed limited level of economic. In other words, for Less developed countries, institutional factors do not affect FDI inflows.Research results. The study proved that institutional factors only affect FDI when a country's gross national income is higher than average. Consequently, institutional changes undertaken to attract FDI were determined to be appropriate if recipient country's Gross National Income per capita exceeds a certain limit.

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The authors declare that there are no conflicts of interest present.