Scientific Aspects of Spatial Economic Allocation of Entrepreneurial Activities

Abstract

Abstract. The paper includes results of economic calculation until 2020 regarding adaptations of the algorithm model of forecasting supply of spatial economic objects for planning the development of the Latvian high-end industrial market space. Scientific discussion concerns the average temperature increase as a determinant ratio and the definition of spatial economics developed by the authors The research focuses on the changes in climatic conditions, which may have an impact on the country's economic development priorities. The paper also reflects on assessment of regional specialization of the leading entrepreneurial activities in Latvia and the Baltic States. It is mainly based on the empirical study of scientific literature. The authors apply the following methods: decision-making, analysis of primary and secondary sources, the Gini coefficient of Regional Specialization, the Gini coefficient of Geographical Concentration, logical approach and comparisons, systems and dynamic factor analysis, expert analysis, mathematical statistical methods. Main conclusions state that Latvia would continue regional development, maintain division of industrial capacities and decrease of Riga's industrial agglomeration. Agriculture will develop intensively. Increase in high-class industrial property stock is partly conditioned by the high-quality manufacturing needs, as well as logistics and service needs. The calculated level of that stock is 772,300 sq.m until 2020. In fact, Latvia demonstrates low regional specialization rates for agriculture and manufacturing. The authors stress importance of development of the appropriate infrastructure in creating competitive local business environment in the Latvian cities.

Spatial Development of Construction: Modeling and its Financial and Investment Support

“…It is interesting to see the factors that influence the organization of the spatial format and ensure the country's economic growth. The analysis of the spatial economy of entrepreneurial activity by the authors Tatjana ŠTAUBE1, Ineta GEIPELE in [25] is carried out with the help of regional coefficients of the the Baltic economy characteristics. The production function that describes the dependence of the GRP on the contribution of the i , j , k type of economic activity is of the following form:…”

The Environmental and Economic Substantiation of Investments in Green Buildings

“…Previous studies also approach macroeconomic problems and a number of related issues that may be useful in the management of companies in the construction industry and real estate market (Kauškale & Geipele, 2015). According to several studies PESTEL factors are of great importance as well (Štaube, 2013;Grizāns, 2015). According to the conducted literature analysis, the authors propose the following definitions of real estate object sustainability, sustainable real estate object management and macroeconomic sustainability:…”