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Polycentric matters are becoming popular under spatial agenda and regional policies across developing and advanced countries. Having put the polycentricity concept into normative plans, key shareholders found out fuzzy results in empirical body of experiences which could be explained by territorial heterogeneity, chosen measures, and techniques. The article aims on testing hypothesis whether a polycentric pattern in terms of investments in fixed assets has a positive effect on economic development in municipalities. The bivariate Moran’s indexes were calculated using data on investments in fixed assets and the volume of shipped own production goods, performed works, and services from 2015-2019. Our results showed that investments in fixed assets associated with economic development in different ways due to the presence of assisted regions in examined case study and scattering of investments in fixed assets due to regional disparities. These results might be taken into account while elaboration of new spatial strategies within regions in terms of resource distributions.

Measuring Effects of Investment Polycentricity on Economic Development of Municipalities’