Regional determinants of manufacturing start-ups in Greece: evidence on the effect of agglomeration economies

This article analyses the regional determinants of manufacturing start-up ratios in Greece. Emphasis is placed on the effect of agglomeration economies, which are distinguished between urbanization and localization economies. The data refer to the establishments realized in the 51 Greek prefectures...

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Bibliographic Details
Published in:	Applied economics letters Vol. 17; no. 18; pp. 1841 - 1844
Main Authors:	Daskalopoulou, Irene, Liargovas, Panagiotis
Format:	Journal Article
Language:	English
Published:	London Taylor & Francis 01-12-2010 Taylor and Francis Journals Taylor & Francis LLC
Series:	Applied Economics Letters
Subjects:	Agglomeration Determinants Economic analysis Entrepreneurship Greece Localization Manufacturing Regional analysis Startups Studies Urbanization Greece
Online Access:	Get full text
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Summary:	This article analyses the regional determinants of manufacturing start-up ratios in Greece. Emphasis is placed on the effect of agglomeration economies, which are distinguished between urbanization and localization economies. The data refer to the establishments realized in the 51 Greek prefectures (NUTS III level) in 2005. Results indicate that negative urbanization economies prevail. Localization economies in the form of positive Marshallian and negative Jacobian externalities are observed and constitute important determinants of start-up ratios. Results regarding the effect of other factors such as expected demand and profit, cost and human resources factors are as anticipated.
Bibliography:	ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 23
ISSN:	1350-4851 1466-4291
DOI:	10.1080/13504850903388272