Subsidising Europe’s Industry: is Greece the exception?

Nikolaos Zahariadis

GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe from Hellenic Observatory, LSE

Abstract: Greek exceptionalism is a claim widely made in comparative politics. In this article I argue against the proposition that Greece differs from the EU norm regarding the disbursement of state aids to industry. Using data from the European Commission during the period 1992-2004, I subject the argument of Greek exceptionalism to a battery of empirical tests. I find that in the cases of total,horizontal, and manufacturing aids, Greece is not the exception. While Greece behaves differently in the cases of sectoral and regional subsidies, the “outlier” effect disappears in the case of sectoral subsidies once the impact of Simitis’ government and economic development are taken into account. Contrary to previous estimations of Greece as “the black sheep,” the country behaves quite normally by EU standards.

Keywords: state aid; Greek exceptionalism; European Union. (search for similar items in EconPapers)
Date: 2007-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.lse.ac.uk/europeanInstitute/research/he ... /GreeSE/GreeSE03.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.lse.ac.uk/europeanInstitute/research/hellenicObservatory/pdf/GreeSE/GreeSE03.pdf [301 Moved Permanently]--> https://www.lse.ac.uk/europeanInstitute/research/hellenicObservatory/pdf/GreeSE/GreeSE03.pdf)

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:hel:greese:03

Access Statistics for this paper

More papers in GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe from Hellenic Observatory, LSE Contact information at EDIRC.
Bibliographic data for series maintained by Vassilis Monastiriotis ().