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Regional inequalities in Greece**We would like to thank three anonymous referees and the European editor of this journal for helpful comments and suggestions. The usual disclaimer applies

Author

Listed:
  • Petrakos, George
  • Saratsis, Yiannis

Abstract

This article examines regional inequalities in Greece, on the basis of σ†convergence and β†convergence analysis and shows that they were reduced in the 1970s and the 1980s. Regression analysis indicates that regional inequalities have a pro†cyclical character, increasing in periods of economic expansion and decreasing in periods of economic recession. It also indicates that the structure of local industry, the process of EU integration, the quality of human capital and the existence of resources suitable for the development of tourism are among the factors affecting regional growth.

Suggested Citation

Handle: RePEc:eee:paresc:v:79:y:2000:i:1:p:57-74
DOI: 10.1111/j.1435-5597.2000.tb00759.x
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Keywords

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JEL classification:

  • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
  • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
  • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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