Prospects for the Greek Economy in the Post‐enlargement Era

Dimelis, Sophia

doi:10.1111/j.1467-9701.2004.00630.x

Cited by 4 publications

(4 citation statements)

References 11 publications

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“…In contrast, Greece after a long period of divergence turned to convergence around 2000. An important factor that contributed to the boom of this period was the increased investment in public infrastructure, due to increased inflow of the European Union (EU) funds (Dimelis, 2004). However, all four countries entered recession in 2007.…”

Section: The Cohesion Countries: a Research Focus Notementioning

confidence: 99%

Assessing economic convergence in the EU: is there a perspective for the ‘cohesion countries’?

Chapsa

Katrakilidis

2014

Applied Economics

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This article analyses the stochastic income convergence within the EU-15. The empirical analysis uses per capita GDP, in PPP and in constant prices of 2005 for the period 1950 to 2010. Apart from the traditional DF type tests we also account for possible structural changes. In this direction, we employ the Zivot-Andrews (1992) and the Lee-Strazicich (1999, 2003 testing procedures, for one and two breaks, endogenously determined. Furthermore, we apply the Carlino and Mills (1993) methodology proposed for the detection of β-convergence. The overall evidence supports the existence of two discrete clubs, the first by the 'cohesion countries' (Portugal, Ireland, Greece and Spain) and the second by the remaining members. In particular, there is a clear evidence of convergence within each club, whereas between clubs there is a luck of catching-up effects. Furthermore, investigation of correlation between relative per capita GDP of each country and several factors that are often identified as growth stimulants, namely Total Factor Productivity, FDI, investment and openness confirm, with the exception of Greece, a strong association between these factors and the convergence process. However, progress in the convergence has not been uniform across countries and over time, reflecting the specific interactions between domestic and international factors and their impact on the convergence process of individual countries.

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Section: The Cohesion Countries: a Research Focus Notementioning

confidence: 99%

Assessing economic convergence in the EU: is there a perspective for the ‘cohesion countries’?

Chapsa

Katrakilidis

2014

Applied Economics

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“…Greece is currently examining the support of policies aiming to attract foreign investors in order to revitalize the economy and tackle the consequences of the financial crisis and thus it is vital to analyze the parameters that contribute best to this process. There has already been some discussion about FDI inflows in the Greek market and particularly about the main dynamics which influence FDI location (Bitzenis et al 2007, Pantelidis et al 2008, Georgopoulos et al 2006, Dimelis 2004. The previous studies conclude that the most decisive FDI motives are market growth, market size and human capital.…”

Section: Introductionmentioning

confidence: 99%

The Determinants of Foreign Direct Investment in the Greek Regions

Petrakou¹

2020

JURA

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This study investigates the determinants of FDI in the Greek regions. The aim of the study is to understand whether and to what extent the presence of localization economies in the Greek regions, has an impact on FDI locational decisions. We use a pooled cross-section dataset of FDI stock and we study the effect of localization economies and of other basic determinants, on the attraction of FDI. We find the most significant influences to be market size, human capital, geographic position and the presence of localization economies.

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“…A discussion of long term trends in Greece's external trade can be found in the BoG Annual Report for 2005 (Box IX.2). See alsoDimelis (2004Dimelis ( , 2004a andArghyrou and Bazina (2002).©International Monetary Fund. Not for Redistribution…”

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confidence: 99%

Greece: Selected Issues

Fund¹

2007

IMF Staff Country Reports

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This Selected Issues paper for Greece was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on December 18, 2006. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of Greece or the Executive Board of the IMF.The policy of publication of staff reports and other documents by the IMF allows for the deletion of market-sensitive information.To assist the IMF in evaluating the publication policy, reader comments are invited and may be sent by e-mail to

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Prospects for the Greek Economy in the Post‐enlargement Era

Cited by 4 publications

References 11 publications

Assessing economic convergence in the EU: is there a perspective for the ‘cohesion countries’?

Assessing economic convergence in the EU: is there a perspective for the ‘cohesion countries’?

The Determinants of Foreign Direct Investment in the Greek Regions

Greece: Selected Issues

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