Agricultural
University of Athens
Department of Regional
& Economic Development

[6317] Regional Economics I

Course Content

  • REGIONAL INEQUALITIES AND POLITICS: Relationship between national growth and regional inequalities, the regional problem, causes of regional inequalities, the characteristics of the regional problem in Greece, reasons and means of implementing regional policy, the main means of implementing regional policy.
  • REGIONAL ACCOUNTS COMPONENTS: Gross and net regional product, regional income and regional disposable income, GDP per capita, the productivity of the regional economy, level of welfare of the region, real and nominal GDP.
  • PRODUCTION FUNCTIONS: General function form of production, linearly homogeneous production functions, linear production function, Cobb-Douglas production function, constant ratio (Leontief) production function, constant elasticity CES production function, translog production functions.
  • RECONS OF PRODUCTION SCALE: Constant returns to scale, diminishing returns to scale, increasing returns to scale, increasing and diminishing returns to scale, the law of diminishing marginal productivity,
  • ECONOMIES OF SCALE AND MACROECONOMIC CHARACTERISTICS: Increasing and decreasing economies of scale, External economies, economies of concentration ( economies of agglomeration).
  • MACROECONOMIC REGIONAL SIZES AND CHARACTERISTICS: Changes in output, macroeconomic characteristics, the specialization of the regional economy, public and private investment, degree of urbanization and population density, quality of work, demographic changes, environmental elements, regional competitiveness.
  • QUANTITATIVE ANALYSIS OF REGIONAL INEQUALITIES AND SPATIAL RELATIONS: Space as a mathematical concept, measurement in space (distance and metric functions), the concept of scale, geostatistical measures of location and dispersion, measures of entropy , connectivity in space, the concept of neighborhood, spatial interaction matrices (spatial adjacency matrices, adjacency matrices with spatial weights, spatial distance matrices, spatial weights matrices), properties of spatial weights matrices.
  • QUANTITATIVE ANALYSIS OF REGIONAL INEQUALITIES AND SPATIAL RELATIONSHIPS: Spatial data formats, types of spatial units (point, linear, area), basic spatial operations, continuous and discrete connectivity analysis (zones, networks), geostatistical measures of location (spatial mean, weighted spatial mean, center point), geostatistics dispersion measures (standard distance, lack of standard distance), graphical presentation of spatial data, thematic cartography, Gaster and Newman cartograms.
  • QUANTITATIVE ANALYSIS OF REGIONAL INEQUALITIES AND SPATIAL RELATIONS: Theil index, Lorenz curve, Gini coefficient, concentration coefficient , Florence coefficient, Gini – Hirschman coefficient, shift-share analysis, Reilly's law of market areas, models of spatial interdependence.
  • QUANTITATIVE ANALYSIS OF REGIONAL INEQUALITIES AND SPATIAL RELATIONS: Shift-Share Analysis and its spatial specialization.
  • QUANTITATIVE ANALYSIS OF REGIONAL INEQUALITIES AND SPATIAL RELATIONS: Reilly's law of market areas, spatial interdependence models, population potential, gravity models.
  • QUANTITATIVE ANALYSIS OF REGIONAL INEQUALITIES AND SPATIAL RELATIONSHIPS: Spatial networks, modeling spatial interaction systems in graphs, epistemological approach to spatial networks, spatial networks and application fields, conceptual definitions in the study of spatial networks, flatness, spatial network modeling tools, measures of centrality .

    Learning results

    After completing the course, it is expected that students will be able to:

    To understand the way in which the economic system of the regions works, so that it is possible to explain the causes that shape and maintain regional inequalities and the unequal distribution of activities in a regional or national economic space.

    Understand the fundamental concepts of regional economics, the key economic forces that interact in space and how space influences market formation.

    To understand the extension of the use of the concepts and tools of microeconomic analysis in spatial matters, to know indicators and quantitative methods of measuring regional development, interregional inequalities, interregional interactions, regional convergences or divergences and to measure regional inequalities with quantitative indicators and distinguish strong and sick regions.

    To know how the economy works at a regional level, how economic growth is distributed across regions, the relationships that can be created between regions and the process by which the economy of one region interacts with the economy of other regions.

    To know how the availability of production factors affects the economic activity in the area, at an inter-regional level.

    Bibliography

    Η βασική βιβλιογραφία που θα χρησιμοποιηθεί είναι

    Ελληνόγλωσση Βιβλιογραφία

    1. Πολύζος, Σ., (2011) Περιφερειακή Ανάπτυξη, Αθήνα, Εκδόσεις Κριτική.
    2. Πολύζος, Σ., (2015) Αστική Ανάπτυξη, Αθήνα, Εκδόσεις Κριτική.
    3. Γιώτη - Παπαδάκη, Ο., (2011) Εισαγωγή στην Οικονομική Γεωγραφία, Αθήνα, Εκδόσεις Κριτική.
    4. Κόνσολας, Ν., (1997) Σύγχρονη Περιφερειακή Οικονομική Πολιτική, Εκδόσεις Παπαζήση, Αθήνα.
    5. Πετράκος Γ – Ψυχάρης Ι, (2016), Περιφερειακή ανάπτυξη στην Ελλάδα, Εκδόσεις Κριτική.

    Ξενόγλωσση Βιβλιογραφία

    1. Armstrong H. W. and Taylor J. (2000), Regional Economics and Policy, Oxford: Blackwell.
    2. Pike A., Rodriguez-Pose A. and Tomaney J. (2006), Local and Regional Development, New York: Routledge.
    3. Pike A., Rodriguez-Pose A. and Tomaney J. (2010), Handbook of Local and Regional Development, New York: Routledge.
    4. Rodrigue, J. P., Comtois, C., Slack, B., (2013) The Geography of Transport Systems, New York, Routledge Publications.

    Ενδεικτική Αρθρογραφία

    1. Amin, A. (1999). An institutionalist perspective on regional economic development. International journal of urban and regional research, 23(2), 365-378.
    2. Bebbington, A. (2003). Global networks and local developments: Agendas for development geography. Tijdschrift voor economische en sociale geografie, 94(3), 297-309.
    3. Tsiotas, D., Aspridis, G., Gavardinas, I., Sdrolias, L., Skodova – Parmova, D., (2018) “Gravity modeling in Social Science: the case of the commuting phenomenon in Greece”, Evolutionary and Institutional Economics Review, doi:10.1007/s40844-018-0120-yCoe, N. M., Hess, M., Yeung, H. W. C., Dicken, P., & Henderson, J. (2004). ‘Globalizing’regional development: a global production networks perspective. Transactions of the Institute of British geographers, 29(4), 468-484.
    4. Coe, N. M., Hess, M., Yeung, H. W. C., Dicken, P., & Henderson, J. (2004). ‘Globalizing’regional development: a global production networks perspective. Transactions of the Institute of British geographers, 29(4), 468-484.
    5. Cook, I. R. (2010). Policing, partnerships, and profits: the operations of Business Improvement Districts and Town Center Management schemes in England. Urban Geography, 31(4), 453-478.
    6. Cullen, I., & Godson, V. (1975). Urban networks: the structure of activity patterns. Progress in planning, 4, 1-96.
    7. Gibbs, D., Deutz, P., & Proctor, A. (2005). Industrial ecology and eco‐industrial development: A potential paradigm for local and regional development?. Regional studies, 39(2), 171-183.
    8. Glasson, J. (2003). The widening local and regional development impacts of the modern universities-a tale of two cities (and north-south perspectives). Local Economy, 18(1), 21-37.
    9. Hadjimichalis, C., & Hudson, R. (2007). Rethinking local and regional development: Implications for radical political practice in Europe. European Urban and Regional Studies, 14(2), 99-113.
    10. Hilhorst, J. G. (1998). Industrialization and local/regional development revisited. Development and change, 29(1), 1-26.
    11. Jamali, D. (2004). Success and failure mechanisms of public private partnerships (PPPs) in developing countries: Insights from the Lebanese context. International Journal of Public Sector Management, 17(5), 414-430.
    12. Kotler, P., & Gertner, D. (2002). Country as brand, product, and beyond: A place marketing and brand management perspective. Journal of brand management, 9(4), 249-261.
    13. Malecki, E. J. (1993). Entrepreneurship in regional and local development. International regional science review, 16(1-2), 119-153.
    14. Malecki, E. J. (1997). Technology and economic development: the dynamics of local, regional, and national change.
    15. Matten, D., & Moon, J. (2004). Corporate social responsibility. Journal of business Ethics, 54(4), 323-337.
    16. McWilliams, A. (2000). Corporate social responsibility. Wiley Encyclopedia of Management.
    17. Park, C. W., Jaworski, B. J., & Maclnnis, D. J. (1986). Strategic brand concept-image management. The Journal of Marketing, 135-145.
    18.  Pike, A., Rodríguez-Pose, A., & Tomaney, J. (2007). What kind of local and regional development and for whom?. Regional studies, 41(9), 1253-1269.
    19. Trigilia, C. (2001). Social capital and local development. European journal of social theory, 4(4), 427-442.

    Άλλη σχετική ενδεικτική βιβλιογραφία

    1. Λαμπριανίδης Λ. (2014), Οικονομική Γεωγραφία, Αθήνα, Εκδόσεις Πατάκη.
    2. McCann Ph. (1992), Αστική και Περιφερειακή Οικονομική, Αθήνα, Εκδόσεις Κριτική.
    3. Armstrong H. & J. Taylor (2000), Regional Economics and Policy, Massachusetts: Blackwell
    4. Thirlwall A. (1999), Μεγέθυνση και Ανάπτυξη, Αθήνα, Εκδόσεις Παπαζήση (2001).
    5. Παπαδασκαλόπουλος Αθ. (2000), Μέθοδοι Περιφερειακής Ανάλυσης, Αθήνα, Εκδόσεις Παπαζήση.
    6. Σκούντζος Θ. (1993), Περιφερειακή Οικονομική Ανάλυση και Πολιτική, Αθήνα, Εκδόσεις Σταμούλη.
    7. Castells M. (1989), The Informational City, Oxford: Blackwell.
    8. Dicken P. (2007), Global Shift: mapping the changing Contours of the World Economy, London: Sage.
    9. Krugman P. (2000), The Return of Depression Economics, New York: Norton and Company.
    10. Porter M. E. (1990), The Competitive Advantage of Nations, New York: Free Press.
    11. Scott J. A. (1998), Regions and the World Economy: The coming Shape of Global Production, Competition and Political Order, Oxford: Oxford University Press
    12. Amin A. and Thrift N. (1994), Globalization, Institutions, and Regional Development in Europe, Oxford University Press .
    13. Harvey D. (2006), Spaces of Global Capitalism: A Theory of Uneven Geographical Development, London: Verso.

    Συναφή επιστημονικά περιοδικά

    Journal of Economic Geography (Oxford)

    The Annals of Regional Science (Springer)

    Regional Studies (Taylor & Francis)

    Environment and Planning A: Economy and Space (SAGE)

    Entrepreneurship and Regional Development (Taylor & Francis)

    Review of Urban & Regional Development Studies (Wiley)

    Regional Science and Urban Economics (Elsevier)

    International Journal of Innovation and Regional Development (Interscience)

    Region (ERSA)

    Regional Science Inquiry (H.A.R.S.) Networks and Spatial Economics (Springer)

    Educational Staff

    Dimitrios Tsiotas

    2265072268
    tsiotas@aua.gr
    Dimitrios Tsiotas is Assistant Professor at the Department of Regional and Economic […]

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    Incorporated into the Agricultural University of Athens (AUA), Law 4589 - Government Gazette 13/A/29.01.2019. Originally it belonged to the School of Management and Economics of the former Technical University of Central Greece. 
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