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Regional Inequalities in Greece

In: Regional Analysis and Policy

Author

Listed:
  • George Petrakos

    (University of Thessaly)

  • Panagiotis Artelaris

    (University of Thessaly)

Abstract

The aim of this chapter is to study the regional inequalities among 51 Greek (NUTS III) regions during the period 1981-2004. The vast majority of studies that have examined this issue use GDP per capita as an indicator of regional welfare. However, an exclusive focus on this index is not very informative and could give a misleading picture of regional inequalities. As a result, an alternative Composite Indicator of Development and Prosperity (CIDP) has been developed in order for many dimensions of regional quality of life and well-being to be included. Two main conclusions can be drawn by the empirical analysis. Firstly, the level of regional inequalities of the composite indicator is always higher than the corresponding one of the GDP per capita. Secondly, strong evidence is presented that there is not a regional catching up process in motion for both indicators.

Suggested Citation

  • George Petrakos & Panagiotis Artelaris, 2008. "Regional Inequalities in Greece," Contributions to Economics, in: Harry Coccossis & Yannis Psycharis (ed.), Regional Analysis and Policy, pages 121-139, Springer.
    • Handle: RePEc:spr:conchp:978-3-7908-2086-7_6
    DOI: 10.1007/978-3-7908-2086-7_6
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    Citations

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    Cited by:

    1. George J. XANTHOS & Evangelos N. DULUFAKIS, 2023. "Measurement Approaches Of Regional Economic Resilience: A Literature Review," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 47-59, June.
    2. Goletsis, Y. & Chletsos, M., 2011. "Measurement of development and regional disparities in Greek periphery: A multivariate approach," Socio-Economic Planning Sciences, Elsevier, vol. 45(4), pages 174-183, December.
    3. Nicola D. Coniglio & Francesco Prota, 2011. "Economic Crises and Regional Convergence in the EU: An Exploration of Facts, Theories and Policy Implications," Chapters, in: Wim Meeusen (ed.), The Economic Crisis and European Integration, chapter 5, Edward Elgar Publishing.
    4. Bakour, Chafik & Abahamid, Mohamed Yassine, 2019. "Regional disparities in development in Morocco: Statistical analyses using dispersion indicators and multidimensional techniques," MPRA Paper 97105, University Library of Munich, Germany.
    5. Panagiotis Artelaris & George Mavrommatis, 2021. "The role of economic and cultural changes in the rise of far‐right in Greece: A regional analysis," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(2), pages 353-369, April.
    6. Panagiotis Artelaris, 2021. "Regional economic growth and inequality in Greece," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(1), pages 141-158, February.
    7. Panagiotis ARTELARIS & George KANDYLIS, 2014. "Mapping Poverty At Regional Level In Greece," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 39, pages 131-147.
    8. Panagiotis Artelaris, 2022. "A development index for the Greek regions," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(3), pages 1261-1281, June.

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