Vol. 15 No. 1 (2024)
Research Article

Uncovering regional typologies in Europe in terms of interregional and intraregional direct investment flows

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Maria Adamakou
University of Thessaly, Department of Planning and Regional Development, Greece
Dimitris Kallioras
University of Thessaly, Department of Planning and Regional Development, Greece
Panos Manetos
University of Thessaly, Department of Planning and Regional Development, Greece
Lefteris Topaloglou
University of Western Macedonia, Department of Regional and Cross-Border Studies, Greece
Total volume of incoming intra-ESPON FDI flows per ESPON region (intra-national FDI flows are included), shareholders’ funds (thousand euros); constant 2018 prices, year 2018 (the boundaries of the top-10 regions are highlighted). Sources: AMADEUS database / Authors’ elaboration
DOI: https://doi.org/10.48088/ejg.m.ada.15.1.011.025
Categories

Published 2024-02-25

Keywords

  • interregional and intraregional direct investment flows,
  • O-D matrix,
  • regional typologies,
  • k-means clustering,
  • Europe

How to Cite

Adamakou , Maria, Dimitris Kallioras, Panos Manetos, and Lefteris Topaloglou. 2024. “Uncovering Regional Typologies in Europe in Terms of Interregional and Intraregional Direct Investment Flows”. European Journal of Geography 15 (1):11-25. https://doi.org/10.48088/ejg.m.ada.15.1.011.025.

Copyright (c) 2024 Maria Adamakou , Dimitris Kallioras , Panos Manetos , Lefteris Topaloglou

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Received 2024-02-25
Accepted 2024-02-25
Published 2024-02-25

Abstract

Information regarding direct investment flows across European space is scarce, and in most of the cases at the national level. Such a scarcity limits the capacity to undertake the required analyses and to derive the corresponding conclusions on the interrelations among European regions. This is especially so considering that Europe is gradually moving from a “space of States” to a “State of spaces” and from a “space of places’’ to a “space of flows’’. In a nutshell, the pure essence of the European economic integration process is the gradual “thinning” and “melting” of (the artificial) border impediments. Thus, as the process of European economic integration is in full swing, European territories have been experiencing a period of unprecedented change, being transformed into integral parts of the European economic space. The paper uncovers regional typologies in Europe in terms of interregional and intraregional (NUTS 2 level) direct investment flows in year 2018, the year prior to the eruption of the COVID19 pandemic. To this end, the paper compiles an O-D matrix for interregional and intraregional direct investment flows in Europe, constructs tailor-made clustering indicators and employs the k-means clustering technique.

Highlights:

  • Compilation of an O-D matrix for interregional and intraregional direct investment flows in Europe
  • Utilization of tailor-made clustering indicators
  • Classification of European regions
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