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The effects of special economic zones on employment and investment: a spatial panel modeling perspective

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  • Piotr Ciżkowicz
  • Magda Ciżkowicz-Pękała
  • Piotr Pękała
  • Andrzej Rzońca

Abstract

A set of panel and spatial panel data models of employment and investment is estimated for 379 Polish counties over the 2003–2012 period using unique firm-level dataset for Polish special economic zones (SEZs). SEZs have strong positive impact on employment in the host county as well as in neighboring counties. The effects of SEZs on investment are weaker but nonetheless positive—investment in a given SEZ neither crowds out nor crowds in investments outside the SEZ. These findings are robust to changes in the estimation methods, the sample composition, the set of explanatory variables and the selection of a spatial weight matrix.

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  • Piotr Ciżkowicz & Magda Ciżkowicz-Pękała & Piotr Pękała & Andrzej Rzońca, 2017. "The effects of special economic zones on employment and investment: a spatial panel modeling perspective," Journal of Economic Geography, Oxford University Press, vol. 17(3), pages 571-605.
  • Handle: RePEc:oup:jecgeo:v:17:y:2017:i:3:p:571-605.
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    7. M. Kakaulina O. & М. Какаулина О., 2018. "Территории опережающего социально-экономического развития: эффективность функционирования и роль в формировании оптимальной налоговой нагрузки // Priority Socio-Economic Development Areas: Their Effec," Экономика. Налоги. Право // Economics, taxes & law, ФГОБУ "Финансовый университет при Правительстве Российской Федерации" // Financial University under The Government of Russian Federation, vol. 11(4), pages 78-89.
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    More about this item

    Keywords

    Special economic zones; regional economic development; economic policy tools; panel data models;
    All these keywords.

    JEL classification:

    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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