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Abstract
Special Economic Zones (SEZ) are economic enclaves, created by the state in order to attract domestic and foreign investors, so as to stimulate economic growth in the region. One of the models related to SEZ presenting the way of measuring the effectiveness of their impact on the surrounding economy is P. Warr's enclave model (1983). The main purpose of the article is to verify the assumptions made in the original Warr model and adapt it to the economic conditions in transforming economy. Poland was chosen for the research because of excessive network of SEZs which influence Polish economy locally and create national and international economic relations. As a result of analysis of the effectiveness of SEZs in Poland, we conclude that the impact of SEZs on Polish economy is positive and additionally they are the source of value added for the market.
Key words: Special Economic Zones, regional development, enclave model, investment efficiency, investment incentives
JEL classification: H25, O11, R11, R58
Sažetak
Slobodne ekonomske zone (SEZ) su gospodarske enklave koje je stvorila država kako bi privukla domaće i strane investitore u cilju stimuliranja gospodarskog rasta u regiji. Jedan od modela koji se odnosi na SEZ je P. Warrov model enklave (1983) koji mjeri učinkovitosti njihovog utjecaja na regionalno gospodarstvo. Glavni cilj ovog rada je provjeriti pretpostavke u izvornom Warr modelu i prilagoditi ga ekonomskim uvjetima transformacije gospodarstva. Poljska je izabrana za istraživanje zbog svoje izuzetno razvijene mreže SEZ-ova koji utječu na poljsko gospodarstvo na lokalnoj razini kao i na stvaranje nacionalnih i meðunarodnih gospodarskih odnosa. Kao rezultat analize djelotvornosti SEZ-ova u Poljskoj, zaključujemo da je utjecaj SEZ-a na poljsko gospodarstvo pozitivan i da predstavlja dodatan izvor dodane vrijednosti za tržište.
Ključne riječi: slobodne ekonomske zone, regionalni razvoj, model enklava, učinkovitost investicija, investicijski poticaji
JEL klasifikacija: H25, O11, R11, R58
(ProQuest: ... denotes formulae omitted.)
1.Introduction
Special Economic Zones (SEZ) are economic enclaves, created by the state in order to attract domestic and foreign investors, so as to stimulate economic growth in the region. SEZs have a long history, however, for this analysis, the last 40 years is important. It was the development of SEZs in countries such as South Korea, China, Malaysia, the Philippines, Mexico and other Latin American countries showing the opportunities...