IDEAS home Printed from https://ideas.repec.org/p/wiw/wiwrsa/ersa12p1058.html
   My bibliography  Save this paper

The spatial and temporal patterns of declared personal income across Greece: 2001-8

Author

Listed:
  • Prodromos Prodromidis

Abstract

The paper studies the income mosaic of Greece at the local community level, from the time the country joined the EMU to time the international crisis reached its shores. It econometrically isolates the impact of past average income and the size of income-filing population, as well as the annual effects; and tries to explain in terms of demographic, educational, and other attributes of the population, as well as geographic features, the number of times (years) that local income exceed the level predicted. To the extent the residuals are produced by unknown (missing) variables, their sub-regional and cross-regional patterns offer clues in the direction of formulating better, spatially targeted interventions. There is a real need for policy suggestions that stretch the funds permitted by the fiscal straitjacket to go further in pulling the country out of the recession. Overall, the paper provides a better understanding of the internal heterogeneity of Greece, the sub-national operation of the economy, and the generation and distribution of personal income. Keywords: personal income, disaggregated data, extracting information from the residuals, delineation of micro-regional policy areas, urban and rural development JEL Codes: C23, D31, R12.

Suggested Citation

  • Prodromos Prodromidis, 2012. "The spatial and temporal patterns of declared personal income across Greece: 2001-8," ERSA conference papers ersa12p1058, European Regional Science Association.
  • Handle: RePEc:wiw:wiwrsa:ersa12p1058
    as

    Download full text from publisher

    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa12/ersa12acfinal01060.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Thomas Aronsson & Johan Lundberg & Magnus Wikstrom, 2001. "Regional Income Growth and Net Migration in Sweden, 1970-1995," Regional Studies, Taylor & Francis Journals, vol. 35(9), pages 823-830.
    2. Saurav Dev Bhatta & José Lobo, 2000. "Human capital and per capita product: A comparison of US states," Papers in Regional Science, Springer;Regional Science Association International, vol. 79(4), pages 393-411.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kostas Rontos & Barbara Ermini & Luca Salvati, 2023. "Enlarging the divide? Per-Capita Income as a measure of social inequalities in a southern European City," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(1), pages 345-361, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Prodromídis, Pródromos-Ioánnis K., 2017. "Analyzing local incomes in Greece by fitting space with an econometrics driven method," The Journal of Economic Asymmetries, Elsevier, vol. 15(C), pages 1-16.
    2. Fotini Economou & Prodromos Prodromidis & Georgia Skintzi, 2019. "Large Fire Disaster and the Regional Economy: The 2007 Case of the Peloponnese," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 17(1), pages 7-31.
    3. Jørn Rattsø & Hildegunn E. Stokke, 2011. "Accumulation of education and regional income growth: Limited human capital effects in Norway," Working Paper Series 11211, Department of Economics, Norwegian University of Science and Technology.
    4. Tommy Lundgren, 2009. "Environmental Protection and Impact on Adjacent Economies: Evidence from the Swedish Mountain Region," Growth and Change, Wiley Blackwell, vol. 40(3), pages 513-532, September.
    5. repec:rri:wpaper:200711 is not listed on IDEAS
    6. Linda Andersson & Johan Lundberg & Magnus Sjostrom, 2007. "Regional Effects Of Military Base Closures: The Case Of Sweden," Defence and Peace Economics, Taylor & Francis Journals, vol. 18(1), pages 87-97.
    7. Hanes, Niklas, 2003. "Empirical Studies in Local Public Finance: Spillovers, Amalgamations, and Tactical Redistribution," Umeå Economic Studies 604, Umeå University, Department of Economics.
    8. Peter Berck & Sofia Tano & Olle Westerlund, 2016. "Regional Sorting of Human Capital: The Choice of Location among Young Adults in Sweden," Regional Studies, Taylor & Francis Journals, vol. 50(5), pages 757-770, May.
    9. Jenkins, Andrew & Wolf, Alison, 2004. "Regional variations in adult learning and vocational training: evidence from NCDS and WERS 98," LSE Research Online Documents on Economics 19469, London School of Economics and Political Science, LSE Library.
    10. Stephan Brunow & Georg Hirte, 2009. "The age pattern of human capital and regional productivity: A spatial econometric study on german regions," Papers in Regional Science, Wiley Blackwell, vol. 88(4), pages 799-823, November.
    11. Gebremeskel H. Gebremariam & Tesfa G. Gebremedhin & Peter V. Schaeffer & Randall W. Jackson, 2008. "A Simultaneous Spatial Panel Data Model of Regional Growth Variation: An Empirical Analysis of Employment, Income, Migration and Local Public Services," Working Papers e07-12, Virginia Polytechnic Institute and State University, Department of Economics.
    12. repec:rre:publsh:v:34:y:2004:i:2:p:156-71 is not listed on IDEAS
    13. Gebremeskel Gebremariam, 2007. "Modeling Small Business Growth, Migration Behavior, Local Public Services and Household Income in Appalachia: A Spatial Simultaneous Equations Approach," Working Papers Working Paper 2007-03, Regional Research Institute, West Virginia University.
    14. Johan Lundberg, 2006. "Using spatial econometrics to analyse local growth in Sweden," Regional Studies, Taylor & Francis Journals, vol. 40(3), pages 303-316.
    15. Gebremeskel Gebremariam & Tesfa Gebremedhin & Peter Schaeffer & Tim Phipps & Randall Jackson, 2007. "A Spatial Panel Simultaneous-Equations Model of Business Growth, Migration Behavior, Local Public Services and Household Income in Appalachia," Working Papers Working Paper 2007-11, Regional Research Institute, West Virginia University.
    16. Walter W Mcmahon, 2007. "An Analysis Of Education Externalities With Applications To Development In The Deep South," Contemporary Economic Policy, Western Economic Association International, vol. 25(3), pages 459-482, July.
    17. repec:rre:publsh:v:34:y:2004:i:3:p:245-59 is not listed on IDEAS
    18. Gebremeskel H. Gebremariam & Tesfa G. Gebremedhin & Peter V. Schaeffer & Randall W. Jackson, 2008. "Modeling Regional Growth Spillovers: An Analysis of Employment Growth, Migration Behavior, Local Public Services and Household Income in Appalachia," Working Papers e07-13, Virginia Polytechnic Institute and State University, Department of Economics.
    19. repec:rri:wpaper:200710 is not listed on IDEAS
    20. repec:rri:wpaper:200603 is not listed on IDEAS
    21. Breandán Ó hUallacháin, 2007. "Regional Growth in a Knowledge-based Economy," International Regional Science Review, , vol. 30(3), pages 221-248, July.
    22. Stephan Brunow & Georg Hirte, 2006. "Age structure and regional economic growth," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 26(1), pages 3-23, March.
    23. Kristian Behrens & Frédéric Robert‐Nicoud, 2009. "Krugman's Papers in Regional Science: The 100 dollar bill on the sidewalk is gone and the 2008 Nobel Prize well‐deserved," Papers in Regional Science, Wiley Blackwell, vol. 88(2), pages 467-489, June.
    24. Gebremeskel Gebremariam & Tesfa Gebremedhin & Peter Schaeffer, 2006. "Modeling Small Businss Growth, Migration behavior, and Household Income in Appalachia: A Spatial Simultaneous Equations Approach," Working Papers Working Paper 2006-08, Regional Research Institute, West Virginia University.
    25. Andrew Jenkins & Alison Wolf, 2004. "Regional Variations in Adult Learning and Vocational Training: Evidence from NCDS and WERS 98," CEE Discussion Papers 0037, Centre for the Economics of Education, LSE.

    More about this item

    Keywords

    personal income; disaggregated data; extracting information from the residuals; delineation of micro-regional policy areas; urban and rural development jel codes: c23; d31; r12.;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa12p1058. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gunther Maier (email available below). General contact details of provider: http://www.ersa.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.