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Regional convergence in Greece in the 1980s: an econometric investigation

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  • Leo Michelis
  • Athanasios Papadopoulos
  • Gregory Papanikos

Abstract

The purpose of this paper is to evaluate empirically regional convergence in Greece during the 1981-1991 period of participation in the European Economic Community (EEC). Census data at NUTS III level of regional disaggregation are used. A number of structural policies undertaken in the 1980s, motivated by membership in the EEC, were conducive to regional convergence among the 51 NUTS III regions of Greece. Four different dependent variables and three model specifications are used to test the hypothesis of regional convergence. The overall evidence does not reject the idea of regional convergence. The estimated convergence coefficients are relatively similar across the three model specifications but they vary with the dependent variable used to measure convergence.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 36 (2004)
Issue (Month): 8 ()
Pages: 881-888

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Handle: RePEc:taf:applec:v:36:y:2004:i:8:p:881-888

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Cited by:
  1. Soukiazis, Elias & Antunes, Micaela, 2011. "Is foreign trade important for regional growth? Empirical evidence from Portugal," Economic Modelling, Elsevier, vol. 28(3), pages 1363-1373, May.
  2. Angelos Liontakis & Christos T. Papadas & Irene Tzouramani, 2011. "Regional Economic Convergence in Greece: A Stochastic Dominance Approach," ERSA conference papers ersa10p1188, European Regional Science Association.
  3. Benos, Nikos & Karagiannis, Stelios, 2013. "Do Cross-Section Dependence and Parameter Heterogeneity Matter? Evidence on Human Capital and Productivity in Greece," MPRA Paper 53326, University Library of Munich, Germany.
  4. Panagiotis Liargovas & Georgios Fotopoulos, 2009. "Socioeconomic Indicators for Analyzing Convergence: The Case of Greece: 1960–2004," Social Indicators Research, Springer, vol. 93(2), pages 315-330, September.
  5. Yorucu, Vedat & Katircioğlu, Salih Turan, 2014. "Radioactive convergence of nuclear leakage in Fukushima: Economic impact analysis of triple tragic events," Renewable and Sustainable Energy Reviews, Elsevier, vol. 35(C), pages 400-409.

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