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Regional Multipliers, Inequalities and Planning in Greece

Author

Listed:
  • Serafeim Polyzos

    (University of Thessaly)

  • Spyros Sofios

    (University of Thessaly)

Abstract

In this paper we employ input - output analysis in order to estimate the size of regional multipliers for the Greek prefectures (NUTS III). Then we attempt to analyse and evaluate the observed differences amongst the multipliers and to uncover likely correlations between the multipliers on the one hand, and selective economic indicators on the other hand. The analysis suggests that the most important indicators are "prosperity level", "level of development", "population potential" and "geographic distances". Drawing from the analysis on regional multipliers we construct a mathematical model that includes variables describing the distribution of the public and private investment targeted at achieving economic convergence. The study concludes by offering some general comments on the results of the preceding analysis.

Suggested Citation

  • Serafeim Polyzos & Spyros Sofios, 2008. "Regional Multipliers, Inequalities and Planning in Greece," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 6(1), pages 53-77.
    • Handle: RePEc:seb:journl:v:6:y:2008:i:1:p:53-77
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Serafeim POLYZOS & Dimitrios TSIOTAS, 2020. "Measuring Structural Changes Of The Greek Economy During The Period Of Economic Crisis," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 12(2), pages 5-24, June.
    2. Serafeim POLYZOS & Dimitrios TSIOTAS, 2023. "Interregional Transport Infrastructures And Regional Development: A Methodological Approach," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 18(2), pages 5-31, May.
    3. Théodore METAXAS & Marie-Noëlle DUQUENNE, 2017. "Partnerships and development policies for small-medium enterprises in Greece: a CFA approach," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 45, pages 131-158.
    4. Dimitrios TSIOTAS, 2022. "A Network-Based Algorithm For Computing Keynesian Income Multipliers In Multiregional Systems," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 25-46, June.
    5. Vasileios PAPADIMITRIOU & Serafeim POLYZOS & Dimitrios TSIOTAS, 2023. "Renewable Energy Project Appraisal Using The Real Options Methodology," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 85-96, June.

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    More about this item

    Keywords

    Regional Development; Multipliers; Regional Inequalities;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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