ΠεριγραφήThe volume studies the personal income mosaic of Greece at the local community level, from the time the country joined the European Union`s Economic and Monetary Union to the advent of the international financial and economic crisis, and in the process tries to treat the common, yet often overlooked, regression misspecification problem by resorting to the use of fresh spatial arguments. It finds that if the conventional sub-national organization of the data is not imposed it may not emerge at all; and also identifies (a) territorial formations in which the underlying conditions reveal a disposition to perform better than expected, as well as (b) zones which seem to be in chronic need of development policies on account of seemingly unexplained elements. This opens up a potentially useful trail in the formulation of better-targeted policy interventions, and economic development policy planning at large. Prόdromos Prodromίdis is senior research fellow at Greece`s Centre for Planning and Economic Research, and serves as adjunct faculty at the Athens University of Economics and Business.
The Evolution of Personal Incomes across Greece: 2001-08
Seeing the Economy through a micro-regional lens and developing a method for identifying policy areas
€ 24.88 (περ. ΦΠΑ 6%)
Βιβλίο, Χαρτόδετο
24 x 17 εκ, 263 σελ.
Περιγραφή
1 INTRODUCTION...........13
2 THE SPATIAL AND TEMPORAL PATTERNS OF THE DISAGGREGATED DATA.......21
i. Two snapshots: one from the beginning and one from
the end of the period.................24
ii. The evolution of income from one year to the next and
to subsequent years..............31
iii. The decomposition of overall income into its constituent
components: average income and the size of the
income-filing population.............34
iv. The districts of Greece in terms of the growth rates
of the two components..............36
v. Some empirical explanations for the initial levels and
growth rates of the two components...........45
3 AN INQUIRY INTO THE FEATURES OF THE
UNEXPLAINED ELEMENT..........55
i. The impact of the two components and of the temporal
effects..........55
ii. The landscape through a new lens: the steady or
not-so-steady evolution of residuals...........56
iii. Some empirical explanations for the number of positive
residuals observed over the years.............58
iv. An argument for the incorporation of spatial information
extracted from the data...........61
v. The incorporation of spatial regressors: a conventional and
a micro-regional approach............62
vi. Some implications for policy intervention...........72
4 CONCLUSIONS..........79
REFERENCES...........85
APPENDIX.............93
i. Tables..........95
ii. Maps............141
iii. Index of districts.....161