Abstract
Regional disparities exist due to the uneven impact of economic development. The World Bank’s World Development Report (2009) advocates that attempts to spread out economic activity will undermine growth. This study finds that policy-makers in Central and Eastern Europe and Central Asia favour subsidizing firms in less urbanized locations. However, innovation market outcomes would probably be higher if there was an urban bias in subsidy distribution.
| Original language | English |
|---|---|
| Pages (from-to) | 49-56 |
| Number of pages | 8 |
| Journal | Regional Studies, Regional Science |
| Volume | 4 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 2017 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Keywords
- Firm performance
- Regional policy
- Subsidies
- Urbanization
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