IDEAS home Printed from https://ideas.repec.org/a/ssi/jouesi/v5y2018i3p412-437.html
   My bibliography  Save this article

Influence of existing social and economic interactions on sustainable territory development: the case of Iceland

Author

Listed:
  • Vera Komarova

    (Daugavpils University, Latvia)

  • Jelena Lonska

    (Rezekne Academy of Technologies, Latvia)

  • Olga Lavrinenko

    (Daugavpils University, Latvia)

  • Vladimir Menshikov

    (Daugavpils University, Latvia)

Abstract

Iceland was identified as a typical country with relatively high achieved competitiveness level and at the same time negative growth capacity - so, with eroded sustainability of territory development. As a research hypothesis the authors suggest that Iceland's social and economic interactions with other "worlds-economies" are not diversified enough. The analysis of export/import and international migration flows of Iceland shows that a market-capitalist "world-economy" is an absolute leader (80-90%) for Icelandic international trade and migration. Analysis of air logistical interconnections shows that a kind of sub-"world-economy" is formed which can be referred to as a Northern-Atlantic one. As results of regression analysis show social and economic interactions with the representatives of its own "world-economy" mainly draw Iceland’s sustainable territory development in their direction, and, as the trends of their development are negative or stagnate (USA and Spain), Iceland’s trend of sustainable territory development is also drawn after them. In its turn, rather infrequent social and economic interactions with other "worlds-economies" either do not influence significantly Iceland’s sustainable territory development (as interactions with Brazil do) or influence in the opposite way (as interactions with China do). Therefore, the practical efficiency of recommendation of Human Development Report 2013 to interact more actively with other "worlds-economies" is not so far proved in social and economic reality - at least, in the case with Iceland as a typical highly-developed capitalist country.

Suggested Citation

  • Vera Komarova & Jelena Lonska & Olga Lavrinenko & Vladimir Menshikov, 2018. "Influence of existing social and economic interactions on sustainable territory development: the case of Iceland," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(3), pages 412-437, March.
    • Handle: RePEc:ssi:jouesi:v:5:y:2018:i:3:p:412-437
    DOI: 10.9770/jesi.2018.5.3(1)
    as

    Download full text from publisher

    File URL: https://jssidoi.org/jesi/uploads/articles/19/Komarova_Influence_of_existing_social_and_economic_interactions_on_sustainable_territory_development_the_case_of_Iceland.pdf
    Download Restriction: no
    File URL: https://jssidoi.org/jesi/article/157
    Download Restriction: no
    File URL: https://libkey.io/10.9770/jesi.2018.5.3(1)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. James P. Lesage, 2008. "An Introduction to Spatial Econometrics," Revue d'économie industrielle, De Boeck Université, vol. 0(3), pages 19-44.
    2. Aivars Stankevičs & Svetlana Ignatjeva & Vladimirs Meņšikovs, 2014. "Higher Education’S Contribution Into Economic Performance And Innovativeness Of Latvia: Exploratory Research," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 59(202), pages 7-42, July – Se.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. V.Yu. Chernova & Z.G. Golodova & E.A. Degtereva & A.M. Zobov & V.S. Starostin, 2018. "Transregional Coordination of Modernization Processes in Implementation of Import-substituting Policy in Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 887-898.
    2. Dana Kiseľáková & Beáta Šofranková & Miroslav Gombár & Veronika Čabinová & Erika Onuferová, 2019. "Competitiveness and Its Impact on Sustainability, Business Environment, and Human Development of EU (28) Countries in terms of Global Multi-Criteria Indices," Sustainability, MDPI, vol. 11(12), pages 1-25, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gallaher, Adam & Graziano, Marcello & Fiaschetti, Maurizio, 2021. "Legacy and shockwaves: A spatial analysis of strengthening resilience of the power grid in Connecticut," Energy Policy, Elsevier, vol. 159(C).
    2. Lei Ding & Xuejuan Fang, 2022. "Spatial–temporal distribution of air-pollution-intensive industries and its social-economic driving mechanism in Zhejiang Province, China: a framework of spatial econometric analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(2), pages 1681-1712, February.
    3. Yao Zhang & Taoyuan Wei & Wentao Tian & Kai Zhao, 2022. "Spatiotemporal Differentiation and Driving Mechanism of Coupling Coordination between New-Type Urbanization and Ecological Environment in China," Sustainability, MDPI, vol. 14(18), pages 1-19, September.
    4. Yanhao Max Wei, 2020. "The Similarity Network of Motion Pictures," Management Science, INFORMS, vol. 66(4), pages 1647-1671, April.
    5. Martinetti, Davide & Geniaux, Ghislain, 2017. "Approximate likelihood estimation of spatial probit models," Regional Science and Urban Economics, Elsevier, vol. 64(C), pages 30-45.
    6. Dustin T. Duncan & DeMarc A. Hickson & William C. Goedel & Denton Callander & Brandon Brooks & Yen-Tyng Chen & Hillary Hanson & Rebecca Eavou & Aditya S. Khanna & Basile Chaix & Seann D. Regan & Darre, 2019. "The Social Context of HIV Prevention and Care among Black Men Who Have Sex with Men in Three U.S. Cities: The Neighborhoods and Networks (N2) Cohort Study," IJERPH, MDPI, vol. 16(11), pages 1-24, May.
    7. Junjie Cao & Yao Zhang & Taoyuan Wei & Hui Sun, 2021. "Temporal–Spatial Evolution and Influencing Factors of Coordinated Development of the Population, Resources, Economy and Environment (PREE) System: Evidence from 31 Provinces in China," IJERPH, MDPI, vol. 18(24), pages 1-22, December.
    8. Evgeniy Korshenkov & Sergey Ignatyev, 2020. "Empirical interpretation and measurement of the productivity and efficiency of regions: the case of Latvia," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 2(2), pages 549-561, June.
    9. Athanasios Votsis & Adriaan Perrels, 2016. "Housing Prices and the Public Disclosure of Flood Risk: A Difference-in-Differences Analysis in Finland," The Journal of Real Estate Finance and Economics, Springer, vol. 53(4), pages 450-471, November.
    10. Bui, Duy Tung & Nguyen , Canh Phuc & Dinh , Thanh Su, 2021. "Fiscal Decentralisation and Externalities on Economic Growth: Spatial-provincial evidence from Vietnam," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 46(4), pages 31-64, December.
    11. Goldmann, Kathrin & Wessel, Jan, 2020. "TEN-T corridors – Stairway to heaven or highway to hell?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 137(C), pages 240-258.
    12. Elías Melchor-Ferrer, 2020. "Determinants of labour productivity growth in Spanish and Portuguese regions: a spatial shift-share approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 65(1), pages 45-65, August.
    13. James P. LeSage & Manfred M. Fischer, 2012. "Estimates of the Impact of Static and Dynamic Knowledge Spillovers on Regional Factor Productivity," International Regional Science Review, , vol. 35(1), pages 103-127, January.
    14. Heder de Oliveira & Timo Verheij, 2017. "Is Economic Complexity Spatially Dependent? A spatial analysis of interactions of economic complexity between municipalities in Brazil," EcoMod2017 10537, EcoMod.
    15. Emil Georgiev & Emil Mihaylov, 2015. "Economic growth and the environment: reassessing the environmental Kuznets Curve for air pollution emissions in OECD countries," Letters in Spatial and Resource Sciences, Springer, vol. 8(1), pages 29-47, March.
    16. Laroche Dupraz, C. & Postolle, A., 2013. "Food sovereignty and agricultural trade policy commitments: How much leeway do West African nations have?," Food Policy, Elsevier, vol. 38(C), pages 115-125.
    17. Steven B Caudill & Ermanno Affuso & Ming Yang, 2015. "Registered sex offenders and house prices: An hedonic analysis," Urban Studies, Urban Studies Journal Limited, vol. 52(13), pages 2425-2440, October.
    18. Leal, Ana R. & Husted, Bryan W. & Flores Segovia, Miguel Alejandro, 2021. "Environmental performance spillovers among Mexican industrial facilities: The case of greenhouse gases," Journal of Business Research, Elsevier, vol. 135(C), pages 711-720.
    19. Eleonora Dávalos & Leonardo Fabio Morales, 2023. "Diffusion of crime control benefits: forced eradication and coca crops in Colombia," Spatial Economic Analysis, Taylor & Francis Journals, vol. 18(3), pages 292-317, July.
    20. Julie Bulteau & Thierry Feuillet & Rémy Le Boennec, 2018. "Spatial Heterogeneity of Sustainable Transportation Offer Values: A Comparative Analysis of Nantes Urban and Periurban/Rural Areas (France)," Post-Print hal-04362203, HAL.

    More about this item

    Keywords

    sustainable territory development; spatial economics; social and economic interactions; Iceland; worlds-economies;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssi:jouesi:v:5:y:2018:i:3:p:412-437. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Tvaronaviciene (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.