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Another Look at Regional Convergence in Greece

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  • Efthymios Tsionas

Abstract

The present paper examines regional convergence in Greece using g - and † -convergence concepts as well as Markov chain analysis for a NUTS-3 classification. The g -concept indicates convergence at the rate 2% (1971-81) and 4% (1982-93). Markov chain analysis, however, provides strong evidence in favour of club formation, duality and polarization for Greek regions for the 1971-93 period. It also indicates the presence of structural change in the regional distribution of income. However, structural change was not strong enough to stop the polarization process. Employant les concepts de convergence g - et † - ainsi qu'une analyse du type Markov pour une classification NUTS-3, cet article cherche a examiner la convergence regionale en Grece. Le concept g - laisse voir une convergence a raison de 2% (de 1971 a 1981) et de 4% (de 1982 a 1993). Cependant, a partir d'une analyse du type Markov, tout indique l'etablissement de clubs, la dualite et la polarisation des regions grecques de 1971 a 1993. Il indique aussi le changement structurel de la distribution regionale du revenu. Toujours est-il que le changement structurel n'a pas ete suffisamment important pour empecher le processus de polarisation. Der vorliegende Aufsatz untersucht regionale Konvergenz in Griechenland sowohl mit Hilfe von g - und f - Konvergenzkonzepten als auch der Markovschen Kettenanalyse mit dem Ziel, eine NUTS-3 Klassifizierung zu erstellen. Das g -Konzept lasst auf eine Konvergenzrate von 2% (1971-81) und 4% (1982-93) schliessen. Die Markovsche Kettenanalyse liefert jedoch uberzeugende Beweise, dass griechische Regionen im Zeitraum 1971-1993 zu Zusammenlegung, Dualitat und Polarisierung neigten. Sie deuteten auch auf das Auftreten eines Strukturwandels der regionalen Einkommensverteilung hin, obschon er nicht stark genug war, dem Polarisierungsprozess Einhalt zu gebieten.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 36 (2002)
Issue (Month): 6 ()
Pages: 603-609

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Handle: RePEc:taf:regstd:v:36:y:2002:i:6:p:603-609

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Related research

Keywords: Convergence; Regional Income; Markov Chain;

References

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  1. Robert J. Barro & Xavier Sala-i-Martin, 1991. "Convergence across States and Regions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 107-182.
  2. Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-85, December.
  3. Quah, Danny T, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," Economic Journal, Royal Economic Society, vol. 106(437), pages 1045-55, July.
  4. Sala-i-martin, X., 1995. "The Classical Approach to Convergence Analysis," Papers 734, Yale - Economic Growth Center.
  5. Danny Quah, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," CEP Discussion Papers dp0280, Centre for Economic Performance, LSE.
  6. Quah, Danny T., 1996. "Empirics for economic growth and convergence," European Economic Review, Elsevier, vol. 40(6), pages 1353-1375, June.
  7. Magrini, Stefano, 1999. "The evolution of income disparities among the regions of the European Union," Regional Science and Urban Economics, Elsevier, vol. 29(2), pages 257-281, March.
  8. Costas Siriopoulos Shaw & Dimitrios Asteriou, 1998. "Testing for Convergence Across the Greek Regions," Regional Studies, Taylor & Francis Journals, vol. 32(6), pages 537-546.
  9. Barro, Robert J & Sala-i-Martin, Xavier, 1992. "Convergence," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 223-51, April.
  10. Button, Kenneth J & Pentecost, Eric J, 1995. "Testing for Convergence of the EU Regional Economies," Economic Inquiry, Western Economic Association International, vol. 33(4), pages 664-71, October.
  11. Efthymios Tsionas, 2000. "Regional Growth and Convergence: Evidence from the United States," Regional Studies, Taylor & Francis Journals, vol. 34(3), pages 231-238.
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Citations

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Cited by:
  1. Santiago Rodriguez Feijoo & Alejandro Rodriguez Caro & Carlos Gonzalez Correa, 2004. "An Empirical Study of the Purchasing Power Parity in the European Union," ERSA conference papers ersa04p369, European Regional Science Association.
  2. Guangdong Li & Chuanglin Fang, 2014. "Analyzing the multi-mechanism of regional inequality in China," The Annals of Regional Science, Springer, vol. 52(1), pages 155-182, January.
  3. Juan David Barón Rivera, 2003. "¿Qué sucedió con las disparidades económicas regionales en Collombia entre 1980 y el 2000?," DOCUMENTOS DE TRABAJO SOBRE ECONOMÍA REGIONAL 003828, BANCO DE LA REPÚBLICA - ECONOMÍA REGIONAL.
  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. Torres Solé, Teresa & Allepuz Capdevila, Rafael, 2009. "El desarrollo humano: perfiles y perspectivas futuras /Profiles and Prospects of the Human Development," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 27, pages 545-562, Agosto.
  6. Livanos, Ilias & Zangelidis, Alexandros, 2008. "Multiple-Job Holding Among Male Workers in Greece," MPRA Paper 17031, University Library of Munich, Germany.
  7. 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.
  8. Halkos, George & Tzeremes, Nickolaos, 2011. "Population density and regional welfare efficiency," MPRA Paper 30097, University Library of Munich, Germany.
  9. Prodromos-Ioannis Prodromidis, 2006. "Functional Economies Or Administrative Units in Greece: What Difference Does It Make for Policy?," ERSA conference papers ersa06p358, European Regional Science Association.

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