978-5-9500127-9-2 10.21661/a-455 Научные исследования и современное образование Научные исследования и современное образование chief_editor Широков Олег Николаевич Shirokov Oleg Nikolaevich 425954@rambler.ru Абрамова Людмила Алексеевна Abramova Lyudmila Alexeevna labramova@interactive-plus.ru executive_editor Яковлева Татьяна Валериановна Yakovleva Tatyana Valerianovna info@interactive-plus.ru associate_editor Петрова Марина Геннадьевна Petrova Marina Gennadyevna mpetrova@interactive-plus.ru chief_editor Широков Олег Николаевич Shirokov Oleg Nikolaevich Абрамова Людмила Алексеевна Abramova Lyudmila Alexeevna Бекназаров Рахым Агибаевич Beknazarov Rahym Agibaevich Дадян Эдуард Григорьевич Dadyan Eduard Grigorievich Дыканалиев Калыбек Мукашевич Dykanaliev Kalybek Mukashevich Мейманов Бактыбек Каттоевич Meimanov Baktybek Kattoevich Петкова Искра Цанкова Petkova Iskra Tsankova Научные исследования и современное образование Scientific studies and modern education Чебоксары Центр научного сотрудничества «Интерактив плюс» 2017 Copyright © Lilit N. Sargsyan, Donara O. Grigorian, 2017 2017 This work is licensed under a Creative Commons Attribution 4.0 License. 130487 Impact of Foreign direct investment on Export: Case of Armenia Impact of Foreign direct investment on Export: Case of Armenia Саргсян Лилит Норайровна Sargsyan Lilit Norayrovna sarg.lilit@yahoo.com Григорян Донара Овиковна Grigorian Donara Ovikovna donnie.greg@mail.ru Институт экономики им. М. Котаняна Национальная Академия наук Республики Армении Армения M. Kotanyan Institute of Economics National Academy of Science of Armenia Armenia 288 293

according to the authors, foreign direct investments have a significant role in the economic development of each country. The analysis revealed that 34.3% change in export growth in Armenia and 13.7% in the world is conducted by FDI growth. This fact shows that Armenian export is more related to the FDI changes. Therefore, unlike global data, FDI growth in RA leads to decrease of export growth. This should be a signal for RA Government to implement a more effective policy for attracting foreign investments, leading the investors to the sectors, which have a comparative or competitive advantages in the foreign market.

по мнению авторов, прямые иностранные инвестиции играют важную роль в экономическом развитии каждой страны. Анализ показал, что изменение темпов роста экспорта в Армении на 34,3% и в мире на 13,7% объясняется ростом ПИИ. Этот факт показывает, что экспорт в Армении больше связан с изменениями ПИИ. Тем не менее, в отличие от глобальных данных, рост прямых иностранных инвестиций в РА приводит к снижению темпов роста экспорта. Это должно стать импульсом для правительства РА для проведения более эффективной политики привлечения иностранных инвестиций, для направления инвесторов в сектора, которые имеют сравнительные или конкурентные преимущества на внешнем рынке.

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