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Econometric Analysis for the rural sector in Greek economy

Author

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  • Giovanis Elephtherios

    (Graduate from the University of Thessaly in city of Volos)

Abstract

The rural sector constitutes a exceptionally important department of Greek economy, so much for his contribution in the growth of country, after it can and allocates comparative advantage in certain rural products, which are known as, Mediterranean, but also because of his big attendance in the employment and in the income, that nevertheless the continuous reduction of corresponding attendance of employment and consequently and continuously decreased mean of rate of attendance of rural sector in the employment, that is observed in the other countries of E. E., Greece continues him exceeding. Undeniably, a critical point is the importance and the enormous importance that has the rural sector in certain regions of country, so much with regard to the employment and the additionally of income, what the withholding of rural population in this regions amining at the protection of environment and the maintenance the cultural and natural heritage. The aim of this work is the analyse developments of the most basic ethnic sizes of Greek rural economy and to point out the most basic problems that this sector faces. The work begins with a short historical retrospection and then follows the first chapter. they are presented: · the course of crude domestic rural product in interrelation so much with his rate of attendance in G. D. P., what concerning the crude domestic product of other sectors (secondary and tertiary), · the development of basic productive factors of rural sector, the development of productivity of labour capital and territory, rural income and the main characteristics of Greek rural population. In the second chapter they will be analysed the elasticities of supply and demand, as for the price of main rural products and as for the income. In the third chapter we will see the interrelation of employment for the production sponges In the fourth chapter we will examine the elasticity of demand for fertilizers. In chapter fifth we present the Cobb-Douglas model for the control if they exist declining or serial or constant output in rural sector. In chapter sixth we will see the relation between rural consumption and rural income, the marginal propensity to consumption in rural sector, and forecasting. In chapter seventh we present a macroeconomic model in closed economy. This project was written as a dissertation in the fourth and the last year of my degree of Economic Science in University of Thessaly. This paper is only a part of the authentic dissertation. I tried to present only the parts which relating with econometrics .Of course, the analysis are adapted accordingly with the elements that were found, at that they do not cover in all the cases of study, the time period 1950-1998. the analysis it becomes accordingly with the elements that are found in availability, so much as for the effort of search in the internet, what as for the availability of books and elements in the library of University of Thessaly. The methodology that is followed is the statistical and econometric treatment of data Reason, for this work constituted the sensitisation to the rural population, because it is that unique social layer that maintains dance floor the traditions of our population, as moreover maintains the corresponding peasantry of other countries of Europe, which can contribute decisive in the maintenance of our cultural heritage and in the protection of environment, as well as in the distribution of our moral values, without however this means that it constitutes also obstacle to the development of our culture, that if is also this. If we contemplate better we will see that the rural sector constitutes the base of economy and our culture and this will be realised diachronically. It should it is still reported that the ten countries that emanate from the former real socialism and that entered already in the EU hardly recently possess important rate of employment in the rural sector and with important crude rural product. With few reasons work it constitutes motive to the future students not neglect the importance of rural sector and they must realise the importance that it has in our life and they should deal inquiringly with this.

Suggested Citation

  • Giovanis Elephtherios, 2005. "Econometric Analysis for the rural sector in Greek economy," Econometrics 0503009, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpem:0503009
    Note: Type of Document - doc; pages: 102
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    Keywords

    basic econometrics;

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • C4 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

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