Assessing the Alternative Paths for a Regionâ€šÃ„Ã´s Sustainable Development
AbstractGreece is a country with noticeable regional disparities. Those disparities are due to a number of reasons, historic, socioeconomic, structural and geographic and create a series of adverse consequences, such as over congestion and environmental degradation in big urban areas on one hand, depopulation, unutilized resources, low income and unemployment in rural areas on the other. The need to bridge inequalities between Greek regions has been the focus of all regional policies implemented in Greece over the last 40-50 years. The main objectives of those policies were to limit further concentration of economic activities and population in large urban areas and ensure a well-balanced growth of all regions. Toward this end, regions were classified in various groups, on the basis of their state of development. Within this framework, large amounts of money have been spent to improve the infrastructure of less developed regions and to provide financial incentives to industries and employees so as to move into those regions. However, the results of those measures have been rather poor and the main reason for this were that the policies employed were ill-designed and addressed to regions unprepared to take full advantage of them. Hence, a first step towards improving this situation would be to define a measure giving the true picture of the region and the prospects of its sustainable development. This measure, the Image of a region, has already been defined (Angelis, 1980, 1990) and successfully applied (Mavri et al, 2009, Gaki et al, 2009, Angelis et al, 2010). In this paper we substantially improve the way of measuring a regionâ€šÃ„Ã´s image and we show that it can be used as a basis for assessing the alternative paths for its future development and selecting the optimum. The method is applied to selected regions of Greece and the values of their Images have been calculated. Furthermore, starting from the Image value of each region at a given point in time, we draw the optimum path for its future development.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by European Regional Science Association in its series ERSA conference papers with number ersa10p1103.
Date of creation: Sep 2011
Date of revision:
Contact details of provider:
Postal: Welthandelsplatz 1, 1020 Vienna, Austria
Web page: http://www.ersa.org
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Romer, Paul M, 1986.
"Increasing Returns and Long-run Growth,"
Journal of Political Economy,
University of Chicago Press, vol. 94(5), pages 1002-37, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gunther Maier).
If references are entirely missing, you can add them using this form.