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Investment Patterns And The Competitiveness Of Greek Regions

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  • Fragkiskos Filippaios
  • Constantina Kottaridi

Abstract

This paper aims at mapping and analyzing the determinants of industrial activity in Greek regions in order to assess current investment patterns. For this purpose, we estimate a conditional logit model of 226 new established firms for 1996 and 1997. Results give interesting insights that are likely of particular importance to regional policy makers. Noteworthy is the spatial concentration of firms in different prefectures while the large metropolitan cities, Athens and Thessalonica, although with declining shares, prevail as the dominant hosts. European regional policy seems to enhance firms’entry via its effect on economic development variables, in contrast with the Greek Development Law, which turns out non†influential.

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  • Fragkiskos Filippaios & Constantina Kottaridi, 2004. "Investment Patterns And The Competitiveness Of Greek Regions," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 16(2), pages 93-112, July.
    • Handle: RePEc:bla:revurb:v:16:y:2004:i:2:p:93-112
    DOI: 10.1111/j.1467-940X.2004.00084.x
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    Cited by:

    1. Shankar, Raja & Shah, Anwar, 2009. "Lessons from European Union policies for regional development," Policy Research Working Paper Series 4977, The World Bank.
    2. Irene DASKALOPOULOU & Panagiotis LIARGOVAS, 2008. "Regional And Sectoral Location Patterns Of New Firms: The Case Of Greece," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 8(2), pages 99-110.
    3. Bitzenis, Aristidis & Tsitouras, Antonis & Vlachos, Vasileios A., 2009. "Decisive FDI obstacles as an explanatory reason for limited FDI inflows in an EMU member state: The case of Greece," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(4), pages 691-704, August.

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