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Spatial distribution of investment in Russia: the effect of agglomeration

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  • Lapo Valentina

Abstract

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.

Suggested Citation

  • Lapo Valentina, 2003. "Spatial distribution of investment in Russia: the effect of agglomeration," EERC Working Paper Series 01-087e, EERC Research Network, Russia and CIS.
    • Handle: RePEc:eer:wpalle:01-087e
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    References listed on IDEAS

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    Cited by:

    1. Valentina Lapo, 2012. "The spatial structure of the Russian economy and the multipolar world," wiiw Balkan Observatory Working Papers 106, The Vienna Institute for International Economic Studies, wiiw.

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    More about this item

    Keywords

    investment; agglomeration; expectation; concentration of production; regions;
    All these keywords.

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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