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The Potential for Growth in Foreign Direct Investment in the Horticultural Sector of Armenia

An examination of determinants of foreign direct investment in Armenia is undertaken to ascertain the potential for attracting foreign investment (FDI) into the horticultural sector of Armenia. The analysis is conducted using survey data collected during face-to-face interviews in August and December 2010. A logit analysis is used to identify the characteristics of firms with substantial current FDI that are operating in Armenia and are planning to undertake additional investment during the next few years. The findings suggest that economic stability and the ability to insure against business risks would encourage FDI. Also, past profitability was dependent on the firm’s satisfaction with the regional market around Armenia.

Identiferoai:union.ndltd.org:UTAHS/oai:digitalcommons.usu.edu:etd-2091
Date01 December 2011
CreatorsKhachatryan, Mikayel
PublisherDigitalCommons@USU
Source SetsUtah State University
Detected LanguageEnglish
Typetext
Formatapplication/pdf
SourceAll Graduate Theses and Dissertations
RightsCopyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact Andrew Wesolek (andrew.wesolek@usu.edu).

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