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Optimal Allocation Of Investment And Regional Disparities

Author

Listed:
  • Alexiadis Stilianos

    (Ministry of Rural Development and Foods, Department of Agricultural Policy & Documentation, Division of Agricultural Statistics)

  • Christos Ap. LADIAS

    (Department of Regional Economic Development, University of Central Greece)

Abstract

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.

Suggested Citation

  • Alexiadis Stilianos & Christos Ap. LADIAS, 2011. "Optimal Allocation Of Investment And Regional Disparities," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 45-59, December.
    • Handle: RePEc:hrs:journl:v:iii:y:2011:i:2:p:45-59
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    File URL: http://www.rsijournal.eu/ARTICLES/December_2011/45-59.pdf
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    References listed on IDEAS

    as
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    Citations

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    Cited by:

    1. Sokolovskyi, Dmytro, 2018. "The factors inefficient allocation of investment between economies," MPRA Paper 87032, University Library of Munich, Germany.
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    7. Daniela- Luminița CONSTANTIN & Corina- Cristiana NASTACĂ & Emilia GEAMBASU, 2021. "Population Accessibility To Rail Services. Insights Through The Lens Of Territorial Cohesion," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 81-101, June.
    8. Michael MITSOPOULOS & Theodore PELAGIDIS, 2021. "Labor Taxation And Investment In Developed Countries. The Impact On Employment," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 13-31, June.
    9. Amitrajeet A. BATABYAL & Seung Jick YOO, 2022. "A Theoretical Analysis Of Costs, Waste Treatment, Pollution In The Ganges, And Leather Production By Tanneries In Kanpur, India," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 47-53, June.
    10. Dimitrios TSIOTAS, 2022. "A Network-Based Algorithm For Computing Keynesian Income Multipliers In Multiregional Systems," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 25-46, June.
    11. Vasileios PAPADIMITRIOU & Serafeim POLYZOS & Dimitrios TSIOTAS, 2023. "Renewable Energy Project Appraisal Using The Real Options Methodology," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 85-96, June.
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    More about this item

    Keywords

    Regional Allocation of Investment; Regional Inequalities; Regional Policy;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • 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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