Regional inequalities in Greece

Convergence and regional productivity differences: Evidence from Greek prefectures

“…The geographical unit of our analysis is the prefecture (NUTS III), as in the study of Petrakos and Saratsis (2000), and in contrast to Siriopoulos and Asteriou (1998) who used regions (NUTS II). The increase in data variability is the main reason for this choice.…”

“…On the other hand, Barro style regressions, (see, for example, Sala-i-Martin 1996;Armstrong 1995;and Neven and Goyette 1995) as well as measures of dispersion (Sala-i-Martin 1996) have found that European regions tend to converge over time. Studies of regional convergence in Greece have been conducted by Siriopoulos and Asteriou (1998) and Petrakos and Saratsis (2000). Both studies basing their analysis on output per capita, ran simple b-convergence regressions over the periods 1971-1996 and 1981-1991 respectively, reaching opposite conclusions.…”

“…Both studies basing their analysis on output per capita, ran simple b-convergence regressions over the periods 1971-1996 and 1981-1991 respectively, reaching opposite conclusions. While Siriopoulos and Asteriou (1998) concluded that there had been no tendency for regional income differences to disappear, Petrakos and Saratsis (2000) argued for a decrease in Greek regional inequalities (i.e., convergence) in the 1980s. This disparity might be attributed to the data employed and to the different level of spatial disaggregation, NUTS II (regions) and NUTS III (prefectures).…”

An analysis of management of regional development in Iran

“…The problems, which include distribution of income and economic opportunities and activities at both the national and international levels, have continued despite globalization and the ensuing economic growth over the seven decades since the end of World War II. Despite overall growth throughout the world, inequalities still exist, with many areas in underdeveloped countries still suffering from regional imbalances (Petrakos, Saratsis, 2000). There are a number of perspectives on regional planning, such as the Perroux growth pole theory, which suggests that development is not uniform, or balanced, over an entire region but tends to cluster around a central area or pole.…”

Convergence-Divergence of Technological Efficiency and Productivity across World Regions Paper Title

“…A variant theory on growth is that of Bernard and Jones (1996) [7], who consider technology as the source of convergence. Other contributors are Petrakos and Saratsis (2000) [8], Rupasingha, Goetz and Freshwater (2002) [9], Ferguson, Jr. and Wascher (2004) [10], Keller (2004) [11], and Narayan and Smyth (2004) [12].…”