DETECTING INTERREGIONAL PATTERNS IN TOURISM SEASONALITY OF GREECE: A PRINCIPAL COMPONENTS ANALYSIS APPROACH

Dimitrios TSIOTAS

Adjunct Lecturer, Department of Regional and Economic Development, Agricultural University of Athens, Greece, Nea Poli, Amfissa, 33100, Greece, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece, tsiotas@aua.gr

tsiotas@uth.gr

Thomas KRABOKOUKIS

Ph.D. candidate, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece

tkrabokoukis@uth.gr

Serafeim POLYZOS

Professor, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece

spolyzos@uth.gr

Abstract

Tourism seasonality is a complex phenomenon incorporating a temporal, a spatial, and a socioeconomic (ontological) dimension. This paper builds on principal component analysis (PCA) to provide an integrated methodological framework for studying all three dimensions of tourism seasonality. The proposed method classifies the seasonal patterns of tourism demand of the Greek prefectures into regional groups, which are examined in terms of their geographical and socioeconomic characteristics. The study aims to configure distinguishable seasonal profiles in terms of their socioeconomic attributes. The proposed method is applied to monthly data of tourism overnight stays for the period 1998-2018 and detects seven principal components described by diverse socioeconomic attributes. The overall analysis proposes a useful tool for tourism management and regional policy, it advances PCA to be used as a tool of regional classification, and it incorporates a multivariate consideration based on the socioeconomic evaluation of the principal components. The proposed methodology develops an integrated framework dealing with complexity describing socioeconomic research and particularly tourism seasonality.

Keywords: regional development; seasonal classification; spatiotemporal patterns; pattern recognition.

JEL classification: C18, C38, O52, R10, R58, Z30

read more

REGIONAL CONVERGENCE: THEORY AND EMPIRICS

Stilianos ALEXIADIS *

Ministry of Rural Development & Foods, Department of Agricultural Policy & Documentation, Division of Agricultural Statistics, Room 519, 2 Acharnon Street, 104 32, Athens, Greece, Tel: ++30 210 2125925

salexiadis7@aim.com

Abstract

One of the most controversial issues in regional science is regional convergence. Do regions converge? Why the existing inequalities across regions persist overtime, despite some movements towards convergence. Such questions had bred an extensive literature. In this paper, a model of regional convergence focusing on technological factors is developed. This model is tested using data for the EU-27 regions. A possible explanation for these results is offered and suggests that might afford an interesting policy conclusion.

Keywords: Regional convergence, Technological gaps, Technology adoption

JEL classification: R10

read more


* The findings, interpretations and conclusions are entirely those of the author and, do not necessarily represent the official position, policies or views of the Ministry of Rural Development & Foods and/or the Greek Government.

THE ROLE OF SOCIAL CAPITAL IN REGIONAL DEVELOPMENT

Athanasios PAPADASKALOPOULOS

Professor, Panteion University, Athens, Greece ,Regional Development Institute

pdask@panteion.gr

Panagiotis NIKOLOPOULOS

PhD Candidate, Panteion University, Athens, Greece

p.g.nikolopoulos@panteion.gr

Abstract

The role of social capital in the development process is rendered essential by the intervention of local authorities, local initiatives, relations and networking. In this article is attempted the association of the means of social capital, such as the information transfer, relations of trust, networking, and cooperation, with the main instruments of regional policy, which endogenous growth strategy utilises. Instruments, such as industrial districts, technological parks, local productive systems, business clusters, creative cities, etc. are based on the utilisation of local social capital, which is a prerequisite for a viable application of the endogenous growth and local development policies. The aim of this paper is to examine the relation between endogenous growth and social capital in the configuration of a local development strategy.

Keywords: social capital, economic development, regional development, endogenous growth, local development

JEL classification: O10, R10, Z13
read more