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Entry in Greek manufacturing industry: Athens vs the rest of Greece

Author

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  • Louri, H.
  • Anagnostaki, V.

Abstract

The paper reports an attempt to estimate the determinants of entry in Greek manufacturing industry in the 1984-87 period and to identify the differences between locatio nal entry preferences. Entry in Athens is found to be hesitant with respect to factors such as profitability and increased competition. Conversely, entry in the rest of the country is strongly related to expected profits and safe markets, negatively affected by relative labour costs and indifferent to international competition threats. The `healthier’ approach of regional entry is enhancing regional development prospects and partly justifies the strict regional policies of the 1980s.

Suggested Citation

  • Louri, H. & Anagnostaki, V., 1994. "Entry in Greek manufacturing industry: Athens vs the rest of Greece," MPRA Paper 29937, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:29937
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    File URL: https://mpra.ub.uni-muenchen.de/29937/1/MPRA_paper_29937.pdf
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    References listed on IDEAS

    as
    1. R. E. Caves & M. E. Porter, 1977. "From Entry Barriers to Mobility Barriers: Conjectural Decisions and Contrived Deterrence to New Competition," The Quarterly Journal of Economics, Oxford University Press, vol. 91(2), pages 241-261.
    2. Shapiro, Daniel & Khemani, R. S., 1987. "The determinants of entry and exit reconsidered," International Journal of Industrial Organization, Elsevier, vol. 5(1), pages 15-26, March.
    3. Helen Louri, 1988. "Urban Growth and Productivity: The Case of Greece," Urban Studies, Urban Studies Journal Limited, vol. 25(5), pages 433-438, October.
    4. Lieberman, Marvin B, 1987. "Excess Capacity as a Barrier to Entry: An Empirical Appraisal," Journal of Industrial Economics, Wiley Blackwell, vol. 35(4), pages 607-627, June.
    5. Hilke, John C, 1984. "Excess Capacity and Entry: Some Empirical Evidence," Journal of Industrial Economics, Wiley Blackwell, vol. 33(2), pages 233-240, December.
    6. Baldwin, John R. & Gorecki, Paul K., 1987. "Plant creation versus plant acquisition : The entry process in canadian manufacturing," International Journal of Industrial Organization, Elsevier, vol. 5(1), pages 27-41, March.
    7. Smiley, Robert, 1988. "Empirical evidence on strategic entry deterrence," International Journal of Industrial Organization, Elsevier, vol. 6(2), pages 167-180.
    8. Highfield, Richard & Smiley, Robert, 1987. "New business starts and economic activity : An empirical investigation," International Journal of Industrial Organization, Elsevier, vol. 5(1), pages 51-66, March.
    9. R.D. Norton, 1992. "Agglomeration and Competitiveness: From Marshall to Chinitz," Urban Studies, Urban Studies Journal Limited, vol. 29(2), pages 155-170, April.
    10. Schwalbach, Joachim, 1987. "Entry by diversified firms into German industries," International Journal of Industrial Organization, Elsevier, vol. 5(1), pages 43-49, March.
    11. Duetsch, Larry L, 1984. "Entry and the Extent of Multiplant Operations," Journal of Industrial Economics, Wiley Blackwell, vol. 32(4), pages 477-487, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Panagiotis Liargovas & Spyridon Repousis, 2015. "Development Paths in the Knowledge Economy: Innovation and Entrepreneurship in Greece," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(4), pages 1063-1077, December.
    2. Liargovas, Panagiotis & Daskalopoulou, Irene, 2011. "Capital allocation in the Greek regions," Journal of Policy Modeling, Elsevier, vol. 33(6), pages 866-888.
    3. Helen Louri, 2001. "Entry through Acquisition: Determinants of Multinational Firm Choices," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 19(2), pages 199-209, September.
    4. Georgios Fotopoulos & Nigel Spence, 1999. "Spatial Variations in New Manufacturing Plant Openings: Some Empirical Evidence from Greece," Regional Studies, Taylor & Francis Journals, vol. 33(3), pages 219-229.

    More about this item

    Keywords

    firm entry; location; manufacturing;

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance

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