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Measurement of development and regional disparities in Greek periphery: A multivariate approach

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  • Goletsis, Y.
  • Chletsos, M.

Abstract

The identification of regional disparities and regional growth patterns is an important factor affecting policy formulation. Single indicator, usually GDP-based, approaches have revealed significant shortcomings. In this work we provide a methodology and the respective tools to analyse regional disparities and development patterns. Aiming at capturing the different aspects of development and quality of life our approach is multi-dimensional: we, first, develop a composite index; we, then, apply multivariate clustering for identifying regions with similar socio-economic profiles. The methodology is applied to examine Greek regions. The results do not provide strong evidence for convergence of Greek regions during the period 1995â2007.

Suggested Citation

  • Goletsis, Y. & Chletsos, M., 2011. "Measurement of development and regional disparities in Greek periphery: A multivariate approach," Socio-Economic Planning Sciences, Elsevier, vol. 45(4), pages 174-183, December.
  • Handle: RePEc:eee:soceps:v:45:y:2011:i:4:p:174-183
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    Cited by:

    1. Tyralis, Hristos & Mamassis, Nikos & Photis, Yorgos N., 2017. "Spatial analysis of the electrical energy demand in Greece," Energy Policy, Elsevier, vol. 102(C), pages 340-352.
    2. repec:eee:tefoso:v:131:y:2018:i:c:p:4-17 is not listed on IDEAS
    3. Nicola Pontarollo & Carolina Serpieri, 2018. "A composite policy tool to measure territorial resilience capacity," JRC Working Papers JRC111389, Joint Research Centre (Seville site).

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