Effects of direct investments on the regional development

• Main Authors: Gabriela Chmelíková, Radka Redlichová
• Format: Article
• Language: English
• Published: Mendel University Press 2012-01-01
• Series: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
• Subjects: regional development; industrial zones; evaluation of public benefit projects
• Online Access: https://acta.mendelu.cz/60/7/0119/

This article discusses the problems of exogenous approach to regional development and tries to evaluate the impacts of such regional politics. Specifically, it is focused on the evaluation of investments efficiency in the hard infrastructure of municipalities. The main contribution of this paper lies in establishing a methodical basis for the evaluation of investments in the hard infrastructure of municipalities, both from the view of economic impacts on the economy of respective municipalities and also from the view of wider social context, concerning mainly the employment and economic base structure. Subsequently, the impact of majority of industrial zones in the Czech Republic on regional development is tested using this methodological approach.