THE IMPACT OF CHINA’S DIRECT INVESTMENT ON ENERGY INDUSTRY DEVELOPMENT IN KAZAKHSTAN
Keywords:
China’s direct investment, energy industry, Kazakhstan, China.Abstract
The purpose of the research is to study the impact of China’s direct investment on Kazakhstan’s Energy industry, it enables them to figure out what type of Energy sources need more investment, and the demand level on the Energy services, which require for investigating the feasibility behind investing in Energy industry in Kazakhstan.
Research methodology - a regression model of the impact of China’s direct investment on Kazakhstan’s Energy industry is established to study the impact of Chinese direct investment on Kazakhstan’s Energy industry from four variables: net foreign direct investment in Kazakhstan, Kazakhstan’s GDP, China’s direct investment in Kazakhstan, and China’s direct investment in Kazakhstan’s Energy industry.
Original/value of the research - China’s direct investment in Kazakhstan’s Energy industry, compared with other factors, can have a more important impact on Kazakhstan’s Energy industry, so Kazakhstan can through cooperation with foreign capital, especially China’s capital, the establishment of joint ventures, to improve the current situation in Kazakhstan’s Energy industry bad development.
Findings. The results show that the impact of net FDI in Kazakhstan, Kazakhstan’s GDP, China’s direct investment in Kazakhstan, and China’s direct investment in Kazakhstan’s Energy industry on Kazakhstan’s Energy development is significant and positively related.
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