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Pozycja gospodarcza miast Europy Środkowo-Wschodniej na tle świata / The Economic Position of Central-Eastern European Cities Against the Background of the World

Author

Listed:
  • Dariusz Nowotnik

    (Pedagogical University of Cracow)

  • Piotr Razniak

    (Pedagogical University of Cracow)

Abstract

The purpose of this paper is to analyze the revenue, profit, market value, assets, location of headquarters and sectors of industry of the largest companies on the Forbes Global 2000 list for the years 2006 and 2012. A normalization index based on maximum values was used to rank cities with at least one corporate headquarters of a company found on the Forbes Global 2000 list. The highest values were calculated for Tokyo, New York, London, Paris, and Beijing. The highest rates of growth were noted for cities in Asia, with Beijing being the fastest growing city in this respect. On the other hand, cities in the United States did not advance very much with respect to Tokyo, and many tended to decline. Moscow was the only city in Central and Eastern Europe to join the list of the most important cities in the world. Other cities in the region are ranked rather low. However, cities in Central and Eastern Europe are advancing in the rankings and may join the list of leading cities in the world in the near future. Research has also shown that a city’s rank in its region tends to be lower than the magnitude of its international linkages.

Suggested Citation

  • Dariusz Nowotnik & Piotr Razniak, 2015. "Pozycja gospodarcza miast Europy Środkowo-Wschodniej na tle świata / The Economic Position of Central-Eastern European Cities Against the Background of the World," International Economics, University of Lodz, Faculty of Economics and Sociology, issue 9, pages 23-39, March.
  • Handle: RePEc:ann:inecon:y:2015:i:9:p:23-39
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    File URL: http://dspace.uni.lodz.pl:8080/xmlui/bitstream/handle/11089/7829/Razniak%2c%20Nowotnik%202015.pdf?sequence=1&isAllowed=y
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    References listed on IDEAS

    as
    1. Vinokurov, Evgeny, 2008. "EDB Eurasian Integration Yearbook 2008," MPRA Paper 20907, University Library of Munich, Germany.
    2. Xingjian Liu & Zachary Neal & Ben Derudder, 2012. "Featured graphic. City networks in the United States: a comparison of four models," Environment and Planning A, Pion Ltd, London, vol. 44(2), pages 255-256, February.
    3. Csomós György, 2011. "Analysis of Leading Cities in Central Europe: Control of Regional Economy," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 16(16), pages 21-33, January.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    ranking; Forbes; Central and Eastern Europe; city;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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