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Geographical competition-complementarity relationships between Greek regional economies

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  • Yiannis Kamarianakis

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  • Vagelis Kaslis

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Abstract

This paper examines the nature of interregional competition and complementarity in Greece. Covering the 1975-2002 period, the analysis provides a picture of the interregional interactions by focusing on derived linkages between the regional economies. The adopted methodology combines previous approaches based on the Dendrinos-Sonis model (e.g. Nazara et al 2002, Bonet 2003) and a cointegration modeling framework (Marquez and Hewings, 2003). A sensitivity analysis of the model coefficients that designate competition or complementarity, with respect to time, is undertaken as well.

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File URL: http://www-sre.wu-wien.ac.at/ersa/ersaconfs/ersa05/papers/552.pdf
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Bibliographic Info

Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa05p552.

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Date of creation: Aug 2005
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Handle: RePEc:wiw:wiwrsa:ersa05p552

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  1. Bruneau, Catherine & Jondeau, Eric, 1999. " Long-Run Causality, with an Application to International Links between Long-Term Interest Rates," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(4), pages 545-68, November.
  2. Chigira, Hiroaki & Yamamoto, Taku, 2003. "The Granger Non-Causality Test in Cointegrated Vector Autoregressions," Discussion Papers 2003-13, Graduate School of Economics, Hitotsubashi University.
  3. DUFOUR, Jean-Marie & PELLETIER, Denis & RENAULT, Éric, 2003. "Short Run and Long Run Causality in Time Series : Inference," Cahiers de recherche 14-2003, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
  4. Sandy Dall’erba, 2004. "Competition, complementarity and increasing disparities among the Regions of Spain and Portugal," Revue d'économie régionale et urbaine, Armand Colin, vol. 0(2), pages 311-330.
  5. Costas Siriopoulos Shaw & Dimitrios Asteriou, 1998. "Testing for Convergence Across the Greek Regions," Regional Studies, Taylor & Francis Journals, vol. 32(6), pages 537-546.
  6. Yamamoto, Taku & Kurozumi, Eiji, 2003. "Tests for Long-Run Granger Non-Causality in Cointegrated Systems," Discussion Papers 2003-12, Graduate School of Economics, Hitotsubashi University.
  7. Jaime Bonet, 2003. "Colombian regions: Competitive or complementary?," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO.
  8. Toda, Hiro Y & Phillips, Peter C B, 1993. "Vector Autoregressions and Causality," Econometrica, Econometric Society, vol. 61(6), pages 1367-93, November.
  9. Miguel A. Márquez & Geoffrey J.D. Hewings, 2003. "Geographical competition between regional economies: The case of Spain," The Annals of Regional Science, Springer, vol. 37(4), pages 559-580, December.
  10. Miguel A M�rquez & Juli�n Ramajo & Geoffrey J D Hewings, 2006. "Dynamic effects within a regional system: an empirical approach," Environment and Planning A, Pion Ltd, London, vol. 38(4), pages 711-732, April.
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