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Prospects of Changes in Regional Economic Structures since EU Accession

Author

Listed:
  • Konstantinos Mattas

    (Aristotle University of Thessaloniki, Greece)

  • C. Ciobanu

    (Aristotle University of Thessaloniki, Greece)

  • Demetrios Psaltopoulos

    (University of Patras, Greece)

Abstract

In recent years, the European Union (EU) has expanded by including two additional "less developed" new members, Bulgaria and Romania, and in the near future several other neighboring countries are on the list. The case of the region of East Macedonia and Thrace, a remote region that neighbors Bulgaria, might offer some insights into the changes which will occur in the economy of these new EU members. Changes in the structure of the regional economy are traced by estimated various indices of structural changes using two input-output tables, the 1980 I-O, a year before Greece's accession to EU, and the 1997 I-O, one and a half decade after the implementation of several EU supported programmes. The cause of structural changes cannot be identified by applying this methodology, only the final outcome in terms of sectoral structure. Results reveal that significant transformations took place in this regional economy altering the interdependence between producing and consuming sectors. It is not clear that this change has moved the whole regional economy to a more competitive level as highly supported sectors grew substantially.

Suggested Citation

  • Konstantinos Mattas & C. Ciobanu & Demetrios Psaltopoulos, 2010. "Prospects of Changes in Regional Economic Structures since EU Accession," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 8(1), pages 55-72.
    • Handle: RePEc:seb:journl:v:8:y:2010:i:1:p:55-72
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    References listed on IDEAS

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    2. Fidel Aroche Reyes, 2014. "The Greek Economic Structure in the 2000's: A Road to Crisis?," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 12(1), pages 35-64.

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    More about this item

    Keywords

    Greece; East Macedonia and Thrace; input-output analysis; structural change; regional development;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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