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Spatial impact of entrepreneurial zones: firm, city, and inter city evidence

Nebojsa Stojcic, Korneliusz Pylak and Dubravka Jurlina Alibegovic

MPRA Paper from University Library of Munich, Germany

Abstract: We investigate the impact of a decade-long large public entrepreneurial infrastructure investment programme in an emerging European economy. Using a unique dataset, we examine the short-run firm, city and inter-city effects of entrepreneurial zones (EZs). EZs have a positive impact on business investment, sales and especially export revenues of firms located within them. Positive economic effects of EZs are limited on host and neighbouring towns and cities, decrease with distance and eventually become negative. This points to the localised nature of EZs effects and their potential for spatial redistribution and clustering of economic activity.

Keywords: Entrepreneurial zones; spillover effects; firm performance; exports; economic incentives; emerging economies (search for similar items in EconPapers)
JEL-codes: L26 O12 R38 (search for similar items in EconPapers)
Date: 2022-01
New Economics Papers: this item is included in nep-bec, nep-ent, nep-geo, nep-sbm and nep-ure
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Journal Article: The spatial impact of entrepreneurial zones: firm, city and inter-city evidence (2022) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:112395

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