Please use this identifier to cite or link to this item: https://ruomo.lib.uom.gr/handle/7000/1546
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dc.contributor.authorArvanitopoulos, Theodoros-
dc.contributor.authorMonastiriotis, Vassilis-
dc.contributor.authorPanagiotidis, Theodore-
dc.date.accessioned2022-11-23T09:40:36Z-
dc.date.available2022-11-23T09:40:36Z-
dc.date.issued2021-11-
dc.identifier10.1177/0042098020981361en_US
dc.identifier.issn0042-0980en_US
dc.identifier.issn1360-063Xen_US
dc.identifier.urihttps://doi.org/10.1177/0042098020981361en_US
dc.identifier.urihttps://ruomo.lib.uom.gr/handle/7000/1546-
dc.description.abstractThe analysis of regional convergence often stays at the level of documentation, with limited attention placed on the drivers of convergence/divergence dynamics. This article offers a systematic analysis of this, examining the role of first-nature (location, proximity, physical geography) and second-nature geography (economic structure, agglomeration, economic potential) in accounting for regional synchronicity in growth trajectories (stochastic convergence). Utilising historical data for Greece at the prefectural level and up-to-date time-series econometric techniques, we test for the presence of stochastic convergence in the country over three decades prior to the crisis; identify the pairs of regions which exhibit co-movement in their growth dynamics; and examine the covariates of this. Our results unveil a picture of limited-only and cluster-like convergence, driven predominantly by factors related to accessibility, sectoral specialisations, labour market dynamism, market potential and selected locational characteristics. This supports two propositions: (a) convergence is an endogenous process, related to shared and incongruent characteristics of regions; and, by implication, (b) regional disparities are structural (in the sense that they are linked to economic and spatial structure) and thus require targeted policies in order to be addressed.en_US
dc.language.isoenen_US
dc.sourceUrban Studiesen_US
dc.subjectFRASCATI::Social sciences::Economics and Businessen_US
dc.subjectFRASCATI::Social sciencesen_US
dc.subject.otherfirst and second nature geographyen_US
dc.subject.otherGreeceen_US
dc.subject.otherpairwise approachen_US
dc.subject.otherstochastic convergenceen_US
dc.titleDrivers of convergence: the role of first- and second-nature geographyen_US
dc.typeArticleen_US
dc.contributor.departmentΤμήμα Οικονομικών Επιστημώνen_US
local.identifier.volume58en_US
local.identifier.issue14en_US
local.identifier.firstpage2880en_US
local.identifier.lastpage2900en_US
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