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Standards of Living Inequalities and Allocation of Funding: The Case of Greece

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  • GIANNIAS, Dimitrios
  • SFAKIANAKI, Eleni

Abstract

An analysis of consumer’s decision making indicates that the weights used for the regional variables considered and included in an index should not vary across regions. Given this, a regional index is computed for the 10 major regions of Greece assuming that all variables incorporated in it are equally weighted. Regional indices are then compared with the per capita European Union funding and finally, the actual versus the planned spending of the European Union funding is analysed.

Suggested Citation

  • GIANNIAS, Dimitrios & SFAKIANAKI, Eleni, 2010. "Standards of Living Inequalities and Allocation of Funding: The Case of Greece," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 10(1), pages 119-130.
    • Handle: RePEc:eaa:eerese:v:10:y2010:i:10_9
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    References listed on IDEAS

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    1. Giannias, Dimitrios A & Liargovas, Panagiotis G & Chepurko, Yuri, 2004. "Regional disparities as barriers to transition to a market economy: the russian experience," Journal of Developing Areas, Tennessee State University, College of Business, vol. 38(2), pages 55-70, January-M.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    regional inequalities; funding; standards of living;
    All these keywords.

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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