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Urban Dipoles in Greece: Economic Development Opportunities for Larissa-Volos Dipole in Thessaly Region


  • Theodore Metaxas

    (Department of Planning and Regional Development, University of Thessaly, Volos, Greece)


The article attempts to illustrate the significance of the existence of co-operation and in tandem development of an urban dipole, as well as the impact of such a dipole development on each of the two cities and on the greater region they belong. For this reason, the article focuses on a specific case of two medium size cities in Greece, Larissa and Volos, which activate in the same region by taking development actions complementary to one another. The aim of the article is to define the prospects for economic development of this dipole and examine its dynamic in relation to other cities in Greece, by using original data derived by a recent empirical research conducted among foreign firms of the region which have established in the dipole area the last 15 years.

Suggested Citation

  • Theodore Metaxas, 2009. "Urban Dipoles in Greece: Economic Development Opportunities for Larissa-Volos Dipole in Thessaly Region," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 12(1), pages 18-38, May.
  • Handle: RePEc:zag:zirebs:v:12:y:2009:i:1:p:18-38

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    References listed on IDEAS

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    6. Falvey, Rodney E., 1981. "Commercial policy and intra-industry trade," Journal of International Economics, Elsevier, vol. 11(4), pages 495-511, November.
    7. Grubel, Herbert G & Lloyd, P J, 1971. "The Empirical Measurement of Intra- Industry Trade," The Economic Record, The Economic Society of Australia, vol. 47(120), pages 494-517, December.
    8. Rudolf Loertscher & Frank Wolter, 1980. "Determinants of intra-industry trade: Among countries and across industries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 116(2), pages 280-293, June.
    9. Helpman, Elhanan, 1981. "International trade in the presence of product differentiation, economies of scale and monopolistic competition : A Chamberlin-Heckscher-Ohlin approach," Journal of International Economics, Elsevier, vol. 11(3), pages 305-340, August.
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