CAJ | 학술논문

利用中亚国家1993-2011年FDI与GDP的相关数据，基于面板数据模型分析FDI对中亚国家经济增长的影响。中亚国家FDI与GDP之间有着相似的变化趋势，两者的相关性检验显示：中亚五国FDI与GDP之间有着较强的正相关关系。面板数据的协整检验显示：FDI与GDP之间不存在协整关系，即二者间不存在长期稳定的均衡关系。中亚国家GDP对FDI变动的弹性系数，哈萨克斯坦最大，其次是土库曼斯坦，乌兹别克斯坦较低，吉尔吉斯斯坦和塔吉克斯坦两国GDP对FDI的弹性系数最小。
이용중아국가1993-2011년FDI여GDP적상관수거，기우면판수거모형분석FDI대중아국가경제증장적영향。중아국가FDI여GDP지간유착상사적변화추세，량자적상관성검험현시：중아오국FDI여GDP지간유착교강적정상관관계。면판수거적협정검험현시：FDI여GDP지간불존재협정관계，즉이자간불존재장기은정적균형관계。중아국가GDP대FDI변동적탄성계수，합살극사탄최대，기차시토고만사탄，오자별극사탄교저，길이길사사탄화탑길극사탄량국GDP대FDI적탄성계수최소。
The study selects FDI and GDP data collected from the Central Asian countries during 1993-2011 and analyzes by using panel data models the impact of FDI on the economic growth of the Central Asia countries. FDI and GDP share a similar variation tendency among Central Asian countries. The correlation test shows that FDI and GDP in the five Central Asian countries have a strong positive correla-tion,and the panel data co-integration tests shows that between FDI and GDP does not exist co-integration relationship,which means there is no long-term stable equilibrium relationship between the two. In terms of elasticity of GDP on FDI,Kazakhstan’s is the largest of the five Central Asian countries,followed by those of Turkmenistan and Uzbekistan,while those of Kyrgyzstan and Tajikistan are minimum.