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Comparative Advantages in Attracting Investments - Contemporary View

Author

Listed:
  • Evgenia Tonkova

    (University of Economics - Varna, Varna, Bulgaria)

  • Sevdalina Hristova

    (University of Economics - Varna, Varna, Bulgaria)

  • Dancho Petrov

    (University of Economics - Varna, Varna, Bulgaria)

Abstract

Knowledge of the comparative advantages of territorial units and their proper use to attract investments is important for the development of all countries. The specific comparative advantages that underpin investment attraction policies need to be clearly articulated and communicated. Integrated policies at the territorial unit level can be used as a tool in the effort to overcome the territorial and sectoral imbalance of investment activity and socio-economic development. The focus of the study is on the comparative advantages in attracting investments and their recognition by municipal administrations in Bulgaria. Specific recommendations are proposed to improve the balance of investments and the mechanisms for their management.

Suggested Citation

  • Evgenia Tonkova & Sevdalina Hristova & Dancho Petrov, 2020. "Comparative Advantages in Attracting Investments - Contemporary View," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 9(3), pages 12-18, December.
    • Handle: RePEc:vra:journl:v:9:y:2020:i:3:p:12-18
    DOI: 10.36997/IJUSV-ESS/2020.9.3.12
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    References listed on IDEAS

    as
    1. Spiros Bougheas & Richard Kneller & Raymond Riezman, 2011. "Optimal Education Policies And Comparative Advantage," Pacific Economic Review, Wiley Blackwell, vol. 16(5), pages 538-552, December.
    2. Caroline Freund & Theodore H. Moran, 2017. "Multinational Investors as Export Superstars: How Emerging-Market Governments Can Reshape Comparative Advantage," Working Paper Series WP17-1, Peterson Institute for International Economics.
    3. Satya Dev Gupta, 2015. "Comparative Advantage and Competitive Advantage: An Economics Perspective and a Synthesis," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 1(1), pages 9-22, January.
    4. Larry D. Qiu, 2003. "Comparing Sectoral FDI Incentives: Comparative Advantages and Market Opportunities," Annals of Economics and Finance, Society for AEF, vol. 4(1), pages 151-176, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    comparative advantages; investments; imbalance;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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