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Spatial distribution of investment in Russia: the effect of agglomeration

  • Lapo Valentina

    ()

The goal of this project is the explanation of spatial distribution of investment in Russia during the transition to a market economy. The influence of agglomeration and investor expectations on investment in the real sector of the economy are analyzed. A theoretical model is constructed, which describes an increase in investment concentration. An empirical test of hypothesis is conducted. The results provide useful recommendations for regional investment policies.

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Paper provided by EERC Research Network, Russia and CIS in its series EERC Working Paper Series with number 01-087e.

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Length: 115 pages
Date of creation: 03 Apr 2003
Date of revision:
Handle: RePEc:eer:wpalle:01-087e
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