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Technische Universität Dresden >
Fakultät Wirtschaftswissenschaften, Technische Universität Dresden >
Dresden Discussion Paper Series in Economics, Faculty of Business and Economics, TU Dresden >
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http://hdl.handle.net/10419/22755
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| Title: | | Barriers to Diversification and Regional Allocation of Capital  |
| Authors: | | Broll, Udo Roldán-Ponce, Antonio Wahl, Jack E. |
| Issue Date: | | 2007 |
| Series/Report no.: | | Dresden discussion paper in economics 14/07 |
| Abstract: | | In order to evaluate the allocational effectiveness of regional policy when harmonizing regional economic conditions firms? preferences play a pivot role. If harmonization hinders risk diversification of the firm, then instead of regional diversification of capital agglomeration of capital occurs. Hence, regional policy will not achieve its objective to equal the spatial allocation of capital. |
| Subjects: | | Regional policy agglomeration diversification allocation risk aversion prudence |
| JEL: | | R30 R12 R38 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Dresden Discussion Paper Series in Economics, Faculty of Business and Economics, TU Dresden
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