Economic Concentration in Functional Urban Areas of the Countries
Anna Oleshko1, Liudmyla Sliusareva2, Olga Chernova3, Olena Kolyada4, Polina Iurieva5, Olga Pazynich6

1Anna Oleshko, Professor, Department of Management,  Kyiv National University of Technologies and Design, Ukraine.
2Liudmyla Sliusareva, Ph.D, Associate Professor, Department of Economics  Business Economics, University of the State Fiscal Service of Ukraine, Irpin, Ukraine.
3Olga Chernova, Ph.D, Associate Professor, Department of Economics of International Economics, University of the State Fiscal Service of Ukraine, Ukraine.
4Olena Kolyada, Ph.D, Associate Professor, Department of Economics, of International Economics, University of the State Fiscal Service of Ukraine, Ukraine.
5Polina Iurieva, Ph.D, Associate Professor, Department of Economics,  of International Economics, University of State Fiscal Service of Ukraine, Ukraine.
6Olga Pazynich, Ph.D, Associate Professor, Department of Economics, of Management and International Economic, Relations Tavrida V.I. Vernadsky National University, Kyiv, Ukraine.
Manuscript received on 25 November 2019 | Revised Manuscript received on 05 December 2019 | Manuscript Published on 11 December 2019 | PP: 91-95 | Volume-8 Issue-3C November 2019 | Retrieval Number: C10161183C19/2019©BEIESP | DOI: 10.35940/ijrte.C1016.1183C19
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: Urbanization processes are accompanied by economic concentration of resources in functional urban areas. At the same time, the level and dynamics of economic concentration differ depending on type, structure, location and national specifics of urban areas. The purpose of this article is to study economic aspects of urbanization and to develop the methodology for ranking functional urban areas by the level of their economic concentration. The survey is based on the rating approach, which is represented as a comparative analysis of indicators of economic concentration, followed by further definition of an integral indicator that helps us to rate urban areas. The results of urban areas ranking and grading by level of their economic concentration show that the highest level of economic concentration is found in Large metropolitan and metropolitan FUAs, which economic activities are dominated by financial services, as well as high-tech industry. The results of this rating can be used to justify directions of regional policy of polycentric development regarding regulation of scale of economic concentration in functional urban areas. It will also have a positive impact to effective distribution of resources within “center-periphery” economic space.
Keywords: Agglomeration, Economic Concentration, Functional Urban Area, Regional Policy, Spatial Economics, Territorial Concentration, Urbanization.
Scope of the Article: Social Sciences