OPTIMAL ALLOCATION OF INVESTMENT AND REGIONAL DISPARITIES
Stilianos Alexiadis and
Christos Ladias ()
Regional Science Inquiry, 2011, vol. III, issue 2, 45-59
A model of optimal allocation of investment across regions is developed. It is shown that the optimality conditions may lead to increasing inequalities at the spatial level. Introducing an element of endogenous innovation dualistic situation emerges. An empirical analysis, using data for the NUTS-2 regions of the European Union seems to confirm this argument.
Keywords: Regional Allocation of Investment; Regional Inequalities; Regional Policy (search for similar items in EconPapers)
JEL-codes: C21 O18 R11 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hrs:journl:v:iii:y:2011:i:2:p:45-59
Access Statistics for this article
Regional Science Inquiry is currently edited by Dr Christos Ap. Ladias
More articles in Regional Science Inquiry from Hellenic Association of Regional Scientists
Bibliographic data for series maintained by Dimitrios K. Kouzas ().