EconPapers    
Economics at your fingertips  
 

Cultural impact on regional development: application of a PLS-PM model to Greece

Annie Tubadji and Peter Nijkamp

The Annals of Regional Science, 2015, vol. 54, issue 3, 687-720

Abstract: This paper seeks to find evidence for the impact of local culture—living culture and cultural heritage—on regional socio-economic development in Greece. The main aim of the paper is to operationalize the culture-based development hypothesis for the existence of a cumulative causation process of cultural impact on Greek local development. To test this hypothesis empirically, we employ an original and uniquely compiled dataset of over 130 economic and social indicators about Greece on a NUTS3 level, assembled from various international and local sources. Employing a combined nonparametric partial-least squares path modelling approach, we find evidence that—in contrast to results from other European countries and the USA—in Greece, culture influences not only the human capital, but also the overall labour force structure. This appears to affect not only the economic productivity, but also the overall quality of life in the locality concerned. These results, based on nonparametric estimations, were confirmed through triangulation with parametric 3SLS and structural equation model tests. The latter use of parametric and nonparametric techniques in a mutually complementary manner is one of the novelties in this contribution. Copyright The Author(s) 2015

Keywords: Z10; R11 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1007/s00168-015-0672-2 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:anresc:v:54:y:2015:i:3:p:687-720

Ordering information: This journal article can be ordered from
http://link.springer.com/journal/168

Access Statistics for this article

The Annals of Regional Science is currently edited by Martin Andersson, E. Kim and Janet E. Kohlhase

More articles in The Annals of Regional Science from Springer, Western Regional Science Association Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-04-16
Handle: RePEc:spr:anresc:v:54:y:2015:i:3:p:687-720