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Peripherality and integration: industrial growth and decline in the Greek regions

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  • George Petrakos
  • Georgios Fotopoulos
  • Dimitris Kallioras

Abstract

Peripheral European economies are often characterized by unfavorable structural regularities and geographical coordinates, making the process of economic integration an experience possibly associated with welfare losses at the regional level. Such types of arguments are at variance with the neoclassical understanding of the operation of the spatial economy, making the study of a weak industrial base in the EU periphery an interesting assignment with implications for theory and policy. We develop an empirical model accounting for industrial (manufacturing) growth and decline in the Greek regions in the period following EU membership (1981 – 2005). Given that Greek regions are characterized as lagging behind and structurally weak for the entire period under consideration, understanding the factors behind their industrial experience may have a value added for many regions with similar characteristics, especially in the new and potential EU member states. Keywords: industrial growth, peripherality, integration

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  • George Petrakos & Georgios Fotopoulos & Dimitris Kallioras, 2012. "Peripherality and integration: industrial growth and decline in the Greek regions," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 30(2), pages 347-361, April.
  • Handle: RePEc:pio:envirc:v:30:y:2012:i:2:p:347-361
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    Cited by:

    1. Ageliki Anagnostou & Ioannis Panteladis & Maria Tsiapa, 2015. "Disentangling different patterns of business cycle synchronicity in the EU regions," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(3), pages 615-641, August.
    2. Maria Tsiapa, 2014. "Industrial Growth In The Integrated European Economic Space," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 5(2).
    3. George PETRAKOS, 2014. "Economic Crisis In Greece. European And Domestic Market And Policy Failures," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 39, pages 9-33.
    4. Dimitris Kallioras & Maria Tsiapa, 2015. "The Regional Dimension of Economic Growth in Ukraine," Eastern European Business and Economics Journal, Eastern European Business and Economics Studies Centre, vol. 1(3), pages 71-95.
    5. Dimitris KALLIORAS & Maria TSIAPA & Spyridon ZAPANTIS, 2016. "Spatial Variations Of Employment Change In Greece Over The Early-Crisis Period (2008-2011)," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 61-78, June.
    6. Camilleri, Silvio John & Falzon, Joseph, 2013. "The Challenges of Productivity Growth in the Small Island States of Europe: A Critical Look of Malta and Cyprus," MPRA Paper 62489, University Library of Munich, Germany.
    7. Petrakos, George & Dimitris, Kallioras & Ageliki, Anagnostou, 2007. "A Generalized Model of Regional Economic Growth in the European Union," Papers DYNREG12, Economic and Social Research Institute (ESRI).

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