Spatial distribution of investment in Russia: the effect of agglomeration

Valentina Lapo ()

EERC Working Paper Series from EERC Research Network, Russia and CIS

Abstract: The goal of this project is the explanation of spatial distribution of investment in Russia during the transition to a market economy. The influence of agglomeration and investor expectations on investment in the real sector of the economy are analyzed. A theoretical model is constructed, which describes an increase in investment concentration. An empirical test of hypothesis is conducted. The results provide useful recommendations for regional investment policies.

Keywords: investment; agglomeration; expectation; concentration of production; regions (search for similar items in EconPapers)
JEL-codes: R12 (search for similar items in EconPapers)
Pages: 115 pages
Date: 2003-04-03
New Economics Papers: this item is included in nep-cis, nep-geo, nep-tra and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eer:wpalle:01-087e

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