EconPapers    
Economics at your fingertips  
 

Trading with richer and poorer countries: trade integration and regional inequality in Greece

Andrés Rodríguez-Pose () and Alexandra Sotiriou ()
Additional contact information
Alexandra Sotiriou: London School of Economics

The Annals of Regional Science, 2021, vol. 67, issue 3, No 6, 697-725

Abstract: Abstract This paper examines the link between increased trade and regional GDP growth across the regional income distribution in Greece during the post-EMU period (2000–2013). By means of quantile regression techniques, panel fixed effects and system generalized method of moments (GMM), we disentangle the effects of EU trade—trading with generally richer countries—versus global trade—in the case of Greece, mostly trading with poorer countries—at several points of the regional income distribution to identify differences in trade elasticities. The analysis finds that the impact of EU trade is highly heterogeneous and mainly affects negatively the economy of the richer regions in Greece. In contrast, the effects of EU trade display insignificant results for the lower-income regions, attributed to the absence of direct substitution effects.

Keywords: Trade; Regional inequality; Economic growth; Greece (search for similar items in EconPapers)
JEL-codes: F13 O24 R11 R12 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s00168-021-01062-1 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:67:y:2021:i:3:d:10.1007_s00168-021-01062-1

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

DOI: 10.1007/s00168-021-01062-1

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 () and Springer Nature Abstracting and Indexing ().

 
Page updated 2022-09-20
Handle: RePEc:spr:anresc:v:67:y:2021:i:3:d:10.1007_s00168-021-01062-1