scholarly journals The impact of economic crisis on regional disparities and the allocation of economic branches in Greek regions

2019 ◽  
Vol 44 (44) ◽  
pp. 7-21
Author(s):  
Manolis Christofakis ◽  
Eleni Gaki ◽  
Dimitrios Lagos

AbstractThe objective of this paper is to analyse the changes that occurred in the regional disparities and sectoral specialisation of the Greek regions due to the economic crisis. The research problem is to identify the effect that the crisis had on the developmental perspectives of the regions and on regional policy priorities. In this framework, we explore the regional disparities, along with the allocation and specialisation of economic sectors in two separate time periods: the pre-crisis period (2000–2007) and the crisis period (2008–2014). The variable used is regional employment in the branches of economic activity. The methods used are Coefficient of Variation, Location Quotients and Shift-Share Analysis. According to the results, we classify the spatial units into categories and we propose means of regional policy. The results show that the disparities increased during the first period of the crisis and declined in the next, without, however, reaching the levels of 2000. In the first period the dynamic economic sectors are concentrated mainly in the metropolitan region of Attica and in the island region of South Aegean, while local advantages are shown in several regions except Attica. During the period of crisis, Attica and South Aegean lost their sectoral dynamism, while a few regions resisted. Regarding the local share effects, the more urbanised regions show negative local shares. The rest of the regions exhibit local advantages. Thus, according to these results, a concluding remark is that the more traditional activities seem to be more resilient, unlike the modern activities, which seem more sensitive to the crisis and are located mainly in the large cities and the most urbanised regions of the country. Regarding the proposed regional policy means, infrastructure improvement is indicated for most of the urbanised regions in order to improve their developmental environment. For the other regions, a more balanced sectoral structure must be promoted. Of course, in order to propose more targeted policy measures, it is important that regional development features (according to the classification of the regions and the proposed policy measures) be adapted to smaller areas and to a greater number of narrower economic sectors, rather than simply applying them at the regional level. This is also true of the effect that some other factors such as human capital and innovative capacity have on regional resilience. Future research will focus on this.

2009 ◽  
pp. 54-69 ◽  
Author(s):  
A. Shastitko ◽  
S. Avdasheva ◽  
S. Golovanova

The analysis of competition policy under economic crisis is motivated by the fact that competition is a key factor for the level of productivity. The latter, in its turn, influences the scope and length of economic recession. In many Russian markets buyers' gains decline because of the weakness of competition, since suppliers are reluctant to cut prices in spite of the decreasing demand. Data on prices in Russia and abroad in the second half of 2008 show asymmetric price rigidity. At least two questions are important under economic crisis: the 'division of labor' between pro-active and protective tools of competition policy and the impact of anti-crisis policy on competition. Protective competition policy is insufficient in transition economy, especially in the days of crisis it should be supplemented with the well-designed industrial policy measures which do not contradict the goals of competition. The preferable tools of anti-crisis policy are also those that do not restrain competition.


2015 ◽  
pp. 1695-1707 ◽  
Author(s):  
Anastasios Ntanos ◽  
Stamatios Ntanos

This chapter refers to small family businesses in Greece and examines the impact of their marketing strategy during an economic crisis period. The research took place in the broad area of Athens between December 2011 and March 2012. Data were collected to form a database of Greek independent private family companies (n=380) using personal interviews (structured questionnaire) with owners/managers of first- and second-generation family businesses. The chapter shows how small family businesses indicate marketing strategy using Carson's model. Limitations of expertise outline the marketing background, which can be described as “self-assisted.” The research offers a verification of a previous model so that problems that arise from companies not putting into practice any marketing concepts can be examined. The significance of the chapter is that there have not formerly been any reviews made about Carson's model in Greece during the economic crisis period emphasizing family businesses.


2014 ◽  
Vol 32 (2) ◽  
pp. 160-173 ◽  
Author(s):  
Irene Tilikidou ◽  
Antonia Delistavrou

Purpose – Examination of Pro-Environmental Purchasing Behaviour (PPB) and its potential components. Investigation of the number and the size of relevant consumer segments. Determining the factors able to describe the segment of frequent pro-environmental purchasers. This paper aims to discuss these issues. Design/methodology/approach – Investigation of PPB as a total multi-item variable. Disclosure of the PPB components. Examination of the Purchase component and disclosure of its clusters. Focus on the cluster of frequent purchasers. Estimation of the demographic, attitudinal and psychographic variables able to describe and predict these consumers. Findings – Two components of PPB were found, namely Conservation (high consumer engagement in this) and Purchase (low consumer engagement in this). Inside the Purchase component of PPB three clusters were found, indicating, respectively, low, average and relatively high consumers’ involvement. Consumers in Cluster 3 (frequent pro-environmental purchasers) are fewer than in the past. They were found to be negatively influenced by environmental unconcern attitudes and Materialism, while they were positively affected by locus of control over politics and Universalism. Research limitations/implications – No demographic profile of frequent purchasers. Geographical area limited (a potential) generalisation of results. Social desirability effect. Future research with reference to evolutions in pro-environmental post-purchasing or non-purchasing behaviours during the years of economic crisis. Practical implications – Fewer consumers would buy ecological products if these were not comparable enough with the conventional products in terms of price and efficacy. Originality/value – First effort to explore the impact of the economic crisis on PPB in Greece. Encompassed new categories of ecological products. Revealed two components inside PPB (Purchase and Conservation) as well as number and size of consumer segments inside the Purchase component. Formulation of a partial profile of the frequent pro-environmental purchasers. Impact of Universalism on PPB was for the first time examined.


Author(s):  
Yun D Starchenko

The Economic Monitor offers an overview of key economic trends and policies over the preceding six months and discusses conclusions from recent World Bank work on Iraq, putting them in a longer-term and global sense and evaluating the impact of these developments and other policy adjustments Iraq's outlook. The macroeconomy, capital markets, and indices of human health and growth are all included. It is aimed at a broad range of people, like policymakers, industry executives, stock market players, and Iraq's analysts and practitioners. The research problem was represented by the fact that the Iraqi economy is single-source due to its dependence on the crude oil sector, which constitutes more than (60%) of the gross domestic product. Crude oil revenues constitute more than (90%) and neglect other economic sectors such as agriculture, industry, and tourism, whose percentage did not exceed (30%) of the gross domestic product. The weakness of non-oil exports in the foreign trade sector is the failure of macroeconomic policies to diversify the Iraqi economy. The research aims to achieve many goals, the most important of which are: identifying the concept and indicators of diversification. As well as an analysis of the Iraqi economic structure during the period (2008-2019). A forward-looking vision for economic diversification in Iraq.


2012 ◽  
Vol 37 (1-2) ◽  
Author(s):  
Marketa Rulikova

This paper considers the impact of the most recent global economic crisis on immigration in theCzechRepublic. Developments during this economically troubled period suggest that the “immigration-inexperienced”CzechRepublic, which has attracted significant numbers of people seeking economic opportunities in the past decade for the first time, has repeated historical mistakes made by Western European countries during the 1970s oil crisis. Initially, promising economic growth at the beginning of the decade allowed the Czech government to ignore issues of immigration, including controlling inflow and immigrants’ integration into the majority of society. The sudden reality of jobs disappearing in late 2008, irrespective of the fact that many employers in the economic sectors are dependent on foreign guest workers, caught the country unprepared. In an effort to level the unemployment rate and dampen societal unrest, theCzechRepublicoffered financial assistance to immigrants who opted to depart voluntarily, but officials overestimated the willingness of foreign labourers to return home, even if gainful work vanished.This paper is based on research conducted among participants of the government-assisted Voluntary Return Programme and a follow-up ethnographic study in the Vietnamese, Ukrainian and Mongolian communities in Prague. It can be shown that most immigrants decided to stay despite extreme declines in their living conditions. While the motivations of immigrants to leave or stay are multifaceted, this paper offers an alternative to the “pull-push” model that takes into consideration economic as well as cultural factors, which both impede and inhibit migrants from returning “home”.


Urban Science ◽  
2018 ◽  
Vol 2 (4) ◽  
pp. 113 ◽  
Author(s):  
Arlinda García-Coll ◽  
Cristina López-Villanueva

The development of dispersed urbanism in Spain ran parallel to the real estate boom and consolidated a new model of city sprawl based on the expansion of suburban areas. This process, which started in the mid 1980s, came to a halt with the onset of the economic crisis in 2007. With it, construction stopped, mobility fell, and urban growth came to a standstill. The purpose of this article is, firstly, to analyse the recent evolution and chronology of the expansion of dispersed urbanism in the Barcelona Metropolitan Region (BMR) in order to gain an insight into some of its explanatory factors, and secondly, to look into the future middle-term prospects of dispersed urbanism in the BMR and Spain. To this end, we examine trends in the housing market and residential mobility and take stock of the impact of business cycles on them. The conclusion is that dispersed areas still retain their appeal for people in the life stages of the creation and expansion of households. For this reason, an effective economic recovery and a renewed rise in the price of housing in denser cities may contribute to an upturn in the popularity of the dispersed residential model, which nowadays could be considered to be in a ‘lethargic’ phase, waiting for certain factors to concur and reactivate its expansion.


2018 ◽  
Vol 10 (10) ◽  
pp. 3450 ◽  
Author(s):  
Elvira Nica ◽  
Violeta Sima ◽  
Ileana Gheorghe ◽  
Andreea Drugau-Constantin ◽  
Catalina Mirica (Dumitrescu)

This article proposes a synthetic analysis of the development level of regions in Romania with the concentration/diversification model, using Gini coefficients and Lorenz curve, based on the current statistical indicators. Knowing the degree of concentration and also the influence factors is useful in making decisions and setting regional policy measures. The analysis of regional disparities based on a series of data and indicators provided by The Romanian National Institute of Statistics for 2007–2016. The main findings highlight a deepening of the regional disparities in Romania in 2016 compared with 2007 explained mainly by the fact that the Bucharest–Ilfov region registered an economic development much above the other regions.


2020 ◽  
Vol 30 (Supplement_5) ◽  
Author(s):  
V Pinheiro ◽  
B Nunes ◽  
S Pereira da Silva ◽  
C Caetano

Abstract Background Following the worldwide economic crisis of 2008, studies have found an increased risk for self-harm and suicide attempts, many of which need hospital care. There is no research in Portugal on the matter. Therefore, our goal was to estimate the impact of the Portuguese economic crisis of 2009-2014 on the hospital admission rates by attempted suicide and self-harm in Portugal. Methods A retrospective ecological study, with an interrupted time series analysis of hospital admissions by suicide attempts (data from the national Hospital Mobility Database) in mainland Portugal, between 2003 and 2014, was performed. Resident population data over 15 years old was retrieved from the National Statistics Institute. Poisson regression models were used to compare rates and trends before (2003-2008) and during (2009-2014) the Portuguese economic crisis. All rates were adjusted for seasonality. Results A total of 35,077 hospital admission episodes by suicide attempt were retrieved. The mean admission rate was 2.947 per 100 000 inhabitants per month before the crisis, falling to 2.798 during the crisis period. Before the crisis, the total admission rate was decreasing 1% per year. After the crisis erupted, there was a level change, with a sudden increase of 7.9%. The suicide and self-harm admission rate, after 2008, was constant and approximately 38.8% higher than expected if the earlier trend had continued. Conclusions There was an increase in the total hospital admission rate by suicide attempts and self-harm during the economic crisis period in Portugal, when compared to the previous period. Key messages Economic crisis can pose considerable suicide risks. Urgent action is needed to prevent economic crisis leading to additional suicides.


2018 ◽  
Vol 9 (2) ◽  
pp. 309-331
Author(s):  
Enikő Korcsmáros ◽  
Monika Šimova

Research background: Businesses are directly affected by the outside world, i.e. the business environment. Literature review lists a number of factors of the business environment affecting businesses. These factors may be oriented towards inputs, outputs, sales, or can be an instrument of regional policy. With regard to future development of businesses, it is crucial to identify which factor and to what extent can influence the operation of the business. Purpose of the article: The main objective of the primary research was to provide a comprehensive assessment of how different factors influence enterprises of different economic sectors as well as help to verify the research question defined and formulate recommendations for future development of enterprises. The questionnaire survey to verify the research question was conducted on a sample of 496 small and medium-sized enterprises. Methods: We chose quantitative method of ANOVA for processing the results of the survey, and we also set the limit of significant impact of different influence factors on the basis of analysed data of primary research, and the limit of significant impact. Based on literature study, we have grouped individual factors such as factors focused on inputs, on outputs, on sales, and instruments of regional policy. Based on those findings we can identify the impact of factors for the future development of SMEs in different economic sectors. Findings & Value added: SMEs of Nitra Region involved in the research represent different economic sectors and various factors influence them with different intensity, for future development of these SMEs it is necessary to reduce the transport cost of raw material and goods, improve the attitude of employees to work, and the technical level of equipment to improve the economic situation of the region. The mentioned findings are important for formulating the future regional development plan.


Author(s):  
Arlinda García-Coll ◽  
Cristina López-Villanueva

The development of dispersed urbanism in Spain ran parallel to the real estate boom and consolidated a new model of city sprawl based on the expansion of suburban areas. This process, which started in the mid 1980s, came to a halt with the onset of the economic crisis in 2007. With it, construction stopped, mobility fell and urban growth came to a standstill. The purpose of this article is to carry out an analysis of the recent evolution and chronology of the expansion of dispersed urbanism in the Barcelona Metropolitan Region (BMR) in order to gain an insight into some of the explanatory factors of such expansion and to deal with the future prospects of middle-term development of dispersed urbanism in the BMR and in Spain. To do this, we examine the trends in the housing market, in residential mobility and we take stock of the impact of business cycles. The conclusion is that dispersed areas retain their appeal in the stages of creation and expansion of households. For this reason, an effective economic recovery and a renewed rise in the price of housing in denser cities may contribute to an upturn in the popularity of the dispersed residential model, which nowadays could be considered to be in a ‘lethargic’ stage, waiting for certain factors to coincide and re-activate its expansion.


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