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Regional determinants of manufacturing start-ups in Greece: evidence on the effect of agglomeration economies

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  • Irene Daskalopoulou
  • Panagiotis Liargovas

Abstract

This article analyses the regional determinants of manufacturing start-up ratios in Greece. Emphasis is placed on the effect of agglomeration economies, which are distinguished between urbanization and localization economies. The data refer to the establishments realized in the 51 Greek prefectures (NUTS III level) in 2005. Results indicate that negative urbanization economies prevail. Localization economies in the form of positive Marshallian and negative Jacobian externalities are observed and constitute important determinants of start-up ratios. Results regarding the effect of other factors such as expected demand and profit, cost and human resources factors are as anticipated.

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  • Irene Daskalopoulou & Panagiotis Liargovas, 2010. "Regional determinants of manufacturing start-ups in Greece: evidence on the effect of agglomeration economies," Applied Economics Letters, Taylor & Francis Journals, vol. 17(18), pages 1841-1844.
    • Handle: RePEc:taf:apeclt:v:17:y:2010:i:18:p:1841-1844
    DOI: 10.1080/13504850903388272
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    Cited by:

    1. Klimis Vogiatzoglou & Theodore Tsekeris, 2013. "Spatial Agglomeration of Manufacturing in Greece: Sectoral Patterns and Determinants," European Planning Studies, Taylor & Francis Journals, vol. 21(12), pages 1853-1872, December.
    2. Katarzyna Kopczewska & Mateusz Kopyt & Piotr Ćwiakowski, 2021. "Spatial Interactions in Business and Housing Location Models," Land, MDPI, vol. 10(12), pages 1-25, December.
    3. Timo Mitze & Teemu Makkonen, 2020. "When interaction matters: the contingent effects of spatial knowledge spillovers and internal R&I on firm productivity," The Journal of Technology Transfer, Springer, vol. 45(4), pages 1088-1120, August.
    4. Christos Genakos & Ioannis Kaplanis & Maria Theano Tagaraki & Aggelos Tsakanikas, 2023. "Firm Resilience and Growth during the Economics Crisis: lessons from the Greek depression," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 186, Hellenic Observatory, LSE.
    5. Evangelos Rasvanis & Vassilis Tselios, 2021. "Do agglomeration economies matter where natural endowments are? Lessons from Greece," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(3), pages 1009-1024, June.
    6. Christos, Genakos & Kaplanis, Ioannis & Tagaraki, Maria Theano & Tsakanikas, Aggelos, 2023. "Firm resilience and growth during the economics crisis: lessons from the Greek depression," LSE Research Online Documents on Economics 119705, London School of Economics and Political Science, LSE Library.

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