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A Region's Basic Image as a Measure of its Attractiveness

  • Vasilis Angelis


    (Department of Business Administration, University of the Aegean, 8, Michalon str., 82100 Chios, Greece)

  • Katerina Dimaki


    (Department of Statistics, Athens University of Economics and Business, 76, Patission str., 10434, Athens, Greece)

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    The growth or decline of a region depends on its power to pull and retain both business and the right blend of people to run them. This pulling power depends on what we call the "Image" of the region, a variable which expresses the region's present state of development and future prospects and may be defined as a function of a multitude of factors; economic, social and environmental ones. The Image of a region may prove a very useful tool for planning purposes, since it doesn't only give an early diagnosis of any possible changes, sometimes discontinuous, in the region's pattern of development, but it also indicates the reasons for those changes. Hence, it may be used as the basis for designing appropriate measures to assist a region's development. The objective of this paper is to define a region's image, based on an analysis of the business and the residential location process, to identify, through literature, the factors needed to quantify this image and finally, to suggest ways of measuring these factors.

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    Article provided by Eastern Macedonia and Thrace Institute of Technology (EMATTECH), Kavala, Greece in its journal International Journal of Economic Sciences and Applied Research (IJESAR).

    Volume (Year): 4 (2011)
    Issue (Month): 2 (August)
    Pages: 7-33

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    Handle: RePEc:tei:journl:v:4:y:2011:i:2:p:7-33
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    1. Michael Freudenberg, 2003. "Composite Indicators of Country Performance: A Critical Assessment," OECD Science, Technology and Industry Working Papers 2003/16, OECD Publishing.
    2. Andy Pike & Andrés Rodriguez-Pose & John Tomaney, 2008. "Local and Regional Development," Economic Geography, Clark University, vol. 84(2), pages 241-242, 04.
    3. Camagni, Roberto, 2002. "On the concept of territorial competitiveness: sound or misleading?," ERSA conference papers ersa02p518, European Regional Science Association.
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