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Geographical competition-complementarity relationships between Greek regional economies

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  • Yiannis Kamarianakis
  • Vagelis Kaslis

Abstract

This paper examines the nature of interregional competition and complementarity in Greece. Covering the 1975-2002 period, the analysis provides a picture of the interregional interactions by focusing on derived linkages between the regional economies. The adopted methodology combines previous approaches based on the Dendrinos-Sonis model (e.g. Nazara et al 2002, Bonet 2003) and a cointegration modeling framework (Marquez and Hewings, 2003). A sensitivity analysis of the model coefficients that designate competition or complementarity, with respect to time, is undertaken as well.

Suggested Citation

  • Yiannis Kamarianakis & Vagelis Kaslis, 2005. "Geographical competition-complementarity relationships between Greek regional economies," ERSA conference papers ersa05p552, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa05p552
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    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa05/papers/552.pdf
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    References listed on IDEAS

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    1. Toda, Hiro Y & Phillips, Peter C B, 1993. "Vector Autoregressions and Causality," Econometrica, Econometric Society, vol. 61(6), pages 1367-1393, November.
    2. Dufour, Jean-Marie & Pelletier, Denis & Renault, Eric, 2006. "Short run and long run causality in time series: inference," Journal of Econometrics, Elsevier, vol. 132(2), pages 337-362, June.
    3. Catherine Bruneau & Eric Jondeau, 1999. "Long‐run Causality, with an Application to International Links Between Long‐term Interest Rates," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(4), pages 545-568, November.
    4. Sandy Dall’erba, 2004. "Competition, complementarity and increasing disparities among the Regions of Spain and Portugal," Revue d'économie régionale et urbaine, Armand Colin, vol. 0(2), pages 311-330.
    5. Taku Yamamoto & Eiji Kurozumi, 2006. "Tests for Long‐Run Granger Non‐Causality in Cointegrated Systems," Journal of Time Series Analysis, Wiley Blackwell, vol. 27(5), pages 703-723, September.
    6. Bruneau, Catherine & Jondeau, Eric, 1999. "Long-Run Causality, with an Application to International Links between Long-Term Interest Rates," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(4), pages 545-568, November.
    7. Hiroaki Chigira & Taku Yamamoto, 2003. "The Granger Non-Causality Test in Cointegrated Vector Autoregressions," Hi-Stat Discussion Paper Series d03-07, Institute of Economic Research, Hitotsubashi University.
    8. George Petrakos & Yiannis Saratsis, 2000. "articles: Regional inequalities in Greece," Papers in Regional Science, Springer;Regional Science Association International, vol. 79(1), pages 57-74.
    9. Jaime Bonet, 2003. "Colombian regions: Competitive or complementary?," Revista de Economía del Rosario, Universidad del Rosario, June.
    10. Costas Siriopoulos & Dimitrios Asteriou, 1998. "Testing for Convergence Across the Greek Regions," Regional Studies, Taylor & Francis Journals, vol. 32(6), pages 537-546, August.
    11. Miguel A. Márquez & Geoffrey J.D. Hewings, 2003. "Geographical competition between regional economies: The case of Spain," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 37(4), pages 559-580, December.
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    Cited by:

    1. Alastaire Sèna Alinsato, 2022. "Regional Integration in the West African Economic and Monetary Union (WAEMU): Complementarity or Competition?," Economies, MDPI, vol. 10(1), pages 1-11, January.

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