Pro-investment local policies in the area of real estate economics - similarities and differences in the strategies used by communes

Agnieszka Malkowska () and Michał Głuszak ()
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Agnieszka Malkowska: Uniwersytet Ekonomiczny w Krakowie

No 77/2015, Working Papers from Institute of Economic Research

Abstract: In the article we discuss importance of the real estate related instruments, used by local government to attract investment and stimulate local economic development. The article discusses economic literature related to public economics at local government level, with the special emphasis put on link between urban and real estate economics and development. In the empirical part of the paper we analyze results of survey conducted at a local government level in Poland (Malopolska). There are two major research objectives: (1) to identify the scope of the real estate economic instruments used by the communes as part of their development policies’ strategies; (2) to examine the coexistence of certain types of instruments as part of the commune development strategies. To find relevant answers both multidimensional scaling and cluster analysis are applied. Additionally, we discuss whether there are evidence of mimicking behavior in local development policies.

Keywords: public economics; real estate economics; policy mimicking; local policy instruments; clustering (search for similar items in EconPapers)
JEL-codes: H7 (search for similar items in EconPapers)
Date: 2015-04, Revised 2015-04
New Economics Papers: this item is included in nep-pbe and nep-ure
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: PRO-INVESTMENT LOCAL POLICIES IN THE AREA OF REAL ESTATE ECONOMICS – SIMILARITIES AND DIFFERENCES IN THE STRATEGIES USED BY COMMUNES (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:pes:wpaper:2015:no77

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