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Pro-Investment Local Policies In The Area Of Real Estate Economics – Similarities And Differences In The Strategies Used By Communes

Author

Listed:
  • Agnieszka Malkowska

    (Cracow University of Economics)

  • Michal Gluszak

    (Cracow University of Economics)

Abstract

In the article we discuss the importance of the real estate related instruments used by local government to attract investment and stimulate local economic development. The article discusses economic literature related to public economics at the local government level, with the special emphasis put on the link between urban and real estate economics and development. In the empirical part of the paper, we analyze the results of the survey conducted at the local government level in Poland (Malopolska). There are two major research objectives: (1) to identify the scope of the real estate economic instruments used by the communes as part of their development policies’ strategies; (2) to examine the coexistence of certain types of instruments as part of the commune development strategies. To find relevant answers, both multidimensional scaling and cluster analysis are applied. Additionally, we discuss whether there are evidence of mimicking behavior in local development policies.

Suggested Citation

  • Agnieszka Malkowska & Michal Gluszak, 2016. "Pro-Investment Local Policies In The Area Of Real Estate Economics – Similarities And Differences In The Strategies Used By Communes," Oeconomia Copernicana, Institute of Economic Research, vol. 7(2), pages 269-283, June.
    • Handle: RePEc:pes:ieroec:v:7:y:2016:i:2:p:269-283
    DOI: 10.12775/OeC.2016.016
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    Cited by:

    1. Marta Kuc-Czarnecka & Samuele Lo Piano & Andrea Saltelli, 2020. "Quantitative Storytelling in the Making of a Composite Indicator," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 149(3), pages 775-802, June.
    2. Michal Bernard Pietrzak, 2016. "The Problem of the Inclusion of Spatial Dependence Within the TOPSIS Method," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 12(3), pages 69-86.
    3. Małgorzata Dudzińska & Barbara Prus & Radosław Cellmer & Stanisław Bacior & Katarzyna Kocur-Bera & Anna Klimach & Agnieszka Trystuła, 2020. "The Impact of Flood Risk on the Activity of the Residential Land Market in a Polish Cultural Heritage Town," Sustainability, MDPI, vol. 12(23), pages 1-18, December.

    More about this item

    Keywords

    public economics; real estate economics; policy mimicking; local policy instruments; clustering;
    All these keywords.

    JEL classification:

    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations

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