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The purpose of this empirical analysis is to investigate, based on gravity model, FDI flow from China to Kazakhstan during 2008-2016 year and NLS model. The estimation is controlled for the importance of gravity variables (GDP, per capita GDP, Distance, Common border and Common organization the latest variables are dummy). The results suggest that gross products of host regions and source countries and dummy variables as common border and being the members of the same organization are positively related to the number of joint ventures in a particular Kazakhstan’s region.

The research on joint venture between China and Kazakhstan in energy and transport cooperation