Papers by Vassilis Tselios
Regional Studies, Oct 20, 2022
This thesis provides an empirical study of how changes in the distributions of income and educati... more This thesis provides an empirical study of how changes in the distributions of income and education affect the evolution of regional economic growth in the EU. It uses microeconomic data from the European Community Household Panel, as well as macroeconomic data from the Eurostat's Regio databases for 102 regions over the period 1995-2002. Income distribution is measured in terms of income per capita and income inequality, not only for the population as a whole but also for those people normally in work; and educational distribution is measured in terms of educational attainment and inequality. Two proxies for educational distribution are considered: the distribution of the education level completed and the distribution of the age at which the highest education level was attained. These data are Note: (*), (**) and (***) indicate significance at the 10%, 5% and 1% level, respectively. (*), (**) and (***) denote the significance of the White (1980) estimator. SARGAN TEST is the Sargan test for overidentifying restrictions (Sargan, 1958). AR(1)TEST and AR(2) TEST are the Arellano-Bond test for the first and the second-order autocorrelation in the first differenced residuals, respectively. Time dummies and a constant are included. Note: (*), (**) and (***) indicate significance at the 10%, 5% and 1% level, respectively. (*), (**) and (***) denote the significance o f the White (1980) estimator. SARGAN TEST is the Sargan test for overidentifying restrictions (Sargan, 1958). AR(1) TEST and AR(2) TEST are the Arellano-Bond test for the first and the second-order autocorrelation in the first differenced residuals, respectively. Time dummies and a constant are included. (0.1354)*** (0.1248)*** 0.8090 (0.1496)*** (0.1637)*** 0.8863 (0.1751)*** (0.1895)*** 0.8326 (0.1602)*** (0.1553)*** 0.4428 (0.1134)*** (0.1089)*** 0.4213 (0.1616)*** (0.2213)* 0.8360 (0.1600)*** (0.1553)*** 0.4375 (0.1134)*** (0.1064)*** 0.4019 (0.1615)** (0.2165)* 0.5717 (0.1233)*** (0.1644)*** 0.3222 (0.0958)*** (0.1240)*** 0.4142 (0.1248)*** (0.1246)*** NMNit NMNit_ i 0.0061 (0.0022)*** endogenous N G E li^0 .7220 (0.1354)*** (0.1248)*** 0.8090 (0.1496)*** (0.1637)*** 0.8863 (0.1751)*** (0.1895)*** 0.5620 (0.1356)*** (0.1337)*** 0.3766 (0.1297)*** (0.1362)*** 0.4541 (0.1873)** (0.2123)** 0.5617 (0.1354)*** (0.1306)*** 0.3354 (0.1281)*** (0.1387)** 0.4501 (0.1868)** (0.2120)** 0.3901 (0.1188)*** (0.1419)*** 0.1739 (0.1109) (0.1283) 0.1569 (0.1572) (0.1701) NMNit NMNit_x 0.0061 (0.0022)*** Note: (*), (**) and (***) indicate significance at the 10%, 5% and 1% level, respectively. (*), (**) and (***) denote the significance o f the White (1980) estimator. SARGAN TEST is the Sargan test for overidentifying restrictions (Sargan, 1958). AR(1)TEST and AR(2) TEST are the Arellano-Bond test for the first and the second-order autocorrelation in the first differenced residuals, respectively. Time dummies and a constant are included.
Journal of Innovation and Entrepreneurship
It is widely known that both geography and institutions determine the location of an investment. ... more It is widely known that both geography and institutions determine the location of an investment. However, little is known about the impact of these factors on entrepreneurs’ future business plans. Using a questionnaire survey, this paper examines whether the 'first-' and 'second-nature' geography and institutions affect the plans of entrepreneurs to expand or sell their businesses in Greece. The analysis shows that entrepreneurs intend to expand their businesses when the importance of the country's relative geographical location to the international market increases, but that of localisation economies decreases. There is also evidence that entrepreneurs aim to sell their businesses to domestic investors when sea access, the natural environment, the agglomeration economies, the location of Greece and the local governance are ideal for the business performance in the country.
Applied Geography, Sep 1, 2021
Abstract Using an econometric analysis, this paper examines whether natural hazard-associated dis... more Abstract Using an econometric analysis, this paper examines whether natural hazard-associated disasters within a country affect the decision of the country to transfer authority to regional tiers of government. It finds that the occurrence of disasters is a signal for higher powers for regional governments, which is likely to denote that decentralisation and local Disaster Risk Management (DRM) are portrayed as a means of bringing government closer to ‘at-risk’ areas and citizens. An increase in the number of deaths drives higher decentralisation, while an increase in the number of total people affected leads to higher centralisation. It is suggested that regional governments could assert command over centralised government agencies for an efficient DRM, and vice versa.
Springer eBooks, 2021
The use of general descriptive names, registered names, trademarks, service marks, etc. in this p... more The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein.
Territory, Politics, Governance, Oct 20, 2022
Environment and Planning C-government and Policy, 2012
In search of the 'economic dividend' of devolution: Spatial disparities, spatial economic policy ... more In search of the 'economic dividend' of devolution: Spatial disparities, spatial economic policy and decentralisation in the UK Abstract After a decade of devolution and amid uncertainties about its effects, it is timely to assess and reflect upon the evidence and enduring meaning of any 'economic dividend' of devolution in the UK. Taking an institutionalist and quantitative approach, this paper seeks to discern the nature and extent of any 'economic dividend' through a conceptual and empirical analysis of the relationships between spatial disparities, spatial economic policy and decentralisation. Situating the UK experience within its evolving historical context, we find: i) a varied and uneven nature of the relationships between regional disparities, spatial economic policy and decentralisation that change direction during specific time periods; ii) the role of national economic growth is pivotal in explaining spatial disparities and the nature and extent of their relationship with the particular forms of spatial economic policy and decentralisation deployed; and, iii) there is limited evidence that any 'economic dividend' of devolution has emerged but this remains difficult to discern because its likely effects are overridden by the role of national economic growth in decisively shaping the pattern of spatial disparities and in determining the scope and effects of spatial economic policy and decentralisation.
Routledge eBooks, Jun 18, 2021
Local government, political decentralisation and resilience to natural hazard-associated disaster... more Local government, political decentralisation and resilience to natural hazard-associated disasters Article No: TENH1277967 Enclosures: 1) Query sheet 2) Article proofs Dear Author, 1. Please check these proofs carefully. It is the responsibility of the corresponding author to check these and approve or amend them. A second proof is not normally provided. Taylor & Francis cannot be held responsible for uncorrected errors, even if introduced during the production process. Once your corrections have been added to the article, it will be considered ready for publication. Please limit changes at this stage to the correction of errors. You should not make trivial changes, improve prose style, add new material, or delete existing material at this stage. You may be charged if your corrections are excessive (we would not expect corrections to exceed 30 changes). For detailed guidance on how to check your proofs, please paste this address into a new browser window: http://journalauthors.tandf.co.uk/production/checkingproofs.asp Your PDF proof file has been enabled so that you can comment on the proof directly using Adobe Acrobat. If you wish to do this, please save the file to your hard disk first. For further information on marking corrections using Acrobat, please paste this address into a new browser window: http:// journalauthors.tandf.co.uk/production/acrobat.asp 2. Please review the table of contributors below and confirm that the first and last names are structured correctly and that the authors are listed in the correct order of contribution. This check is to ensure that your name will appear correctly online and when the article is indexed. Sequence Prefix Given name(s) Surname Suffix 1 Vassilis Tselios 2 Emma Tompkins Queries are marked in the margins of the proofs, and you can also click the hyperlinks below. Content changes made during copy-editing are shown as tracked changes. Inserted text is in red font and revisions have a red indicator. Changes can also be viewed using the list comments function. To correct the proofs, you should insert or delete text following the instructions below, but do not add comments to the existing tracked changes.
arXiv (Cornell University), Jan 26, 2021
Using network analysis, this paper develops a multidimensional methodological framework for under... more Using network analysis, this paper develops a multidimensional methodological framework for understanding the uneven (cross-country) spread of COVID-19 in the context of the global interconnected economy. The globally interconnected system of tourism mobility is modeled as a complex network, where two main stages in the temporal spread of COVID-19 are revealed and defined by the cutting-point of the 44 th day from Wuhan. The first stage describes the outbreak in Asia and North America, the second one in Europe, South America, and Africa, while the outbreak in Oceania is spread along both stages. The analysis shows that highly connected nodes in the global tourism network (GTN) are infected early by the pandemic, while nodes of lower connectivity are late infected. Moreover, countries with the same network centrality as China were early infected on average by COVID-19. The paper also finds that network interconnectedness, economic openness, and transport integration are key determinants in the early global spread of the pandemic, and it reveals that the spatio-temporal patterns of the worldwide spread of COVID-19 are more a matter of network interconnectivity than of spatial proximity.
Routledge eBooks, Jun 30, 2022
Environment and Planning A, 2012
Devolution can have incongruous effects on equality. Decentralisation of powers and resources to ... more Devolution can have incongruous effects on equality. Decentralisation of powers and resources to lower tiers of government can either increase or reduce interpersonal inequalities, depending on characteristics of the devolved region. This column uses data from regions of Western Europe to show that greater fiscal decentralisation is associated with lower income inequality. Devolution is a global trend, advocated by international organisations, including both the World Bank and the OECD, as a mechanism for achieving local prosperity. Decentralisation of powers and resources to lower tiers of government can-under different circumstances and in different contextscontribute to both an increase and a reduction interpersonal inequalities. Decentralisation can reduce interpersonal inequalities by: Exploiting the information advantage over central government and increasing the degree of efficiency in the allocation of resources, better matching to the preferences of local citizens. Bringing government closer to the people and providing better information about local preferences to inform the optimal mix of local policies. Promoting greater voice, transparency, and participation through enhanced accountability to local citizens. Limiting the opportunities for corruption and interest-group capture of the returns of public policies through greater transparency and accountability. Conversely, decentralisation can increase interpersonal inequalities in the following ways: It weakens the capacity of central government to play an equalising role to achieve a balanced distribution of income through social and territorial transfers from the rich to the poor. Diversity and variation in the availability and quality of public services between places generates unequal individual access and provision, regardless of preferences-in England, for instance, this is the so-called 'postcode-lottery' issue.
Regional Science Policy and Practice, Aug 11, 2023
This paper develops a multidimensional methodological framework for examining the geographical ha... more This paper develops a multidimensional methodological framework for examining the geographical handicaps and associated socioeconomic drawbacks of nomenclature of territorial units for statistics (NUTS) III regions in Greece to conceive diverse dimensions of peripherality and target the de‐peripheralization of peripheral regions. Building on the network paradigm, empirical analysis, and policy assessment, the analysis sheds light on the unique characteristics and challenges experienced by inland, island, coastal, and borderline regions across the multiple dimensions and conceives a tailored mix of policy measures to address the specific needs and catalyze development in each region. The proposed methodological framework provides a roadmap for understanding the complex interplay between geographical and socioeconomic dynamics and policy interventions, offering methodological and empirical insights for regional policymakers, practitioners, and stakeholders toward a more prosperous and equitable regional development landscape.
Springer eBooks, 2017
Σο ανθρώπινο δυναμικό ως βασική συνιστώσα της αναπτυξιακής δυναμικής και διαφοροποίησης των περιο... more Σο ανθρώπινο δυναμικό ως βασική συνιστώσα της αναπτυξιακής δυναμικής και διαφοροποίησης των περιοχών: Η περίπτωση της Ελλάδας» Κωδικός MIS 380421 ΤΠΟΕΡΓΟ: «Σο ανθρώπινο δυναμικό ως βασική συνιστώσα της αναπτυξιακής δυναμικής και διαφοροποίησης των περιοχών: Η περίπτωση της Ελλάδας» και α/α «01» ΕΠΙΧΕΙΡΗΙΑΚΟ ΠΡΟΓΡΑΜΜΑ: «Εκπαίδευση και Δια Βίου Μάθηση» (Ε.Π.Ε.Δ.Β.Μ.) 2007-2013 Τπουργείο Παιδείας και Θρησκευμάτων ΑΞΟΝΑ ΠΡΟΣΕΡΑΙΟΣΗΣΑ 11: «Ενίσχυση του ανθρώπινου κεφαλαίου για την προαγωγή της έρευνας και της καινοτομίας στις 3 Περιφέρειες ταδιακής Εξόδου» ΚΑΣΗΓΟΡΙΑ ΠΡΑΞΗ: «ΘΑΛΗ» Η Πράξη συγχρηματοδοτείται από το Ευρωπαϊκό Κοινωνικό Σαμείο (Ε.Κ.Σ.) και από εθνικούς πόρους, μέσω του Προγράμματος Δημοσίων Επενδύσεων (Π.Δ.Ε.) του Τπουργείου Παιδείας και Θρησκευμάτων Παραδοτέο Παραδοτέο Π 2.4.3: Ένα άρθρο προς υποβολή σε επιστημονικό περιοδικό Τπό-δράση 2.4: Εφαρμογή και Ανάλυση αποτελεσμάτων από την εφαρμογή του μοντέλου μέτρησης ανισοτήτων Δράση 2: Περιφερειακές Ανισότητες στην Ελλάδα με έμφαση στο ρόλο της απασχόλησης Για την εκπόνηση του παραδοτέου απασχολήθηκαν τα κάτωθι μέλη της ομάδας έργου : ΜΕΛΗ ΚΤΡΙΑ ΕΡΕΤΝΗΣΙΚΗ ΟΜΑΔΑ (Κ.Ε.Ο.) ΛΤΜΠΕΡΑΚΗ ΑΝΣΙΓΟΝΗ Πανεπιστήμιο Μακεδονίας Ερευνητικό Πρόγραμμα ΘΑΛΗ Σο ανθρώπινο δυναμικό ως βασική συνιστώσα της αναπτυξιακής δυναμικής και διαφοροποίησης των περιοχών: Η περίπτωση της Ελλάδας.
International journal of disaster risk reduction, Feb 1, 2019
Disasters affect significant numbers of people in the poorest parts of the world. The main impedi... more Disasters affect significant numbers of people in the poorest parts of the world. The main impediment to progress in reducing the extent of disaster outcomes appears to come from inabilities to address macroeconomic drivers of vulnerability. This study examines the association between three key drivers of vulnerability, i.e. wealth/poverty, income inequality and the absence/presence of social welfare systems, and short-term and long-term disaster outcomes. Drawing on lengthy time-series data, we apply a data driven approach, focusing only on those countries that have experienced major natural or technological disasters, to generate new understanding of these drivers. Our study finds that in relation to natural hazards: less developed countries experience worse human impacts than more developed countries; developed countries suffer larger economic losses; countries with greater levels of income inequality have more people affected than in more equal countries; and social welfare (using both Sen's indexes and public social spending) in OECD countries appears to reduce the human impacts of disasters. We also conclude that the human impacts of natural disasters delay economic growth in poor countries. For the technological hazard-associated disasters, while there is no evidence that national wealth and income inequality determine human impacts, we find that larger human impacts in poor countries undermines economic growth. Our key finding is the unequivocal and central role of income inequality in shaping disaster outcomes. Future research and policy on disaster risk reduction has to acknowledge this 'elephant in the room'.
RePEc: Research Papers in Economics, Jul 23, 2009
This paper examines whether differences in educational externalities affect individual earnings a... more This paper examines whether differences in educational externalities affect individual earnings across regions in the EU. Using microeconomic data from the European Community Household Panel, the analysis relies on spatial economic analysis in order to determine to what extent differences in individual earnings are the result of (a) the educational attainment of the individual, (b) the educational attainment of the other members of the household he/she lives in, (c) the educational endowment of the region where the individual lives, or (d) the educational endowment of the neighbouring regions. The results highlight that, in addition to the expected positive returns of personal educational attainment, place-based regional and supra-regional educational externalities generate significant pecuniary benefits for workers. These findings are robust to the inclusion of different individual, household, and regional control variables.
Revue d'économie régionale et urbaine, Oct 21, 2019
RePEc: Research Papers in Economics, Sep 24, 2007
This paper provides an empirical study of the determinants of income inequality across regions of... more This paper provides an empirical study of the determinants of income inequality across regions of the EU. Using the European Community Household Panel dataset for 102 regions over the period 1995-2000, it analyses how microeconomic changes in human capital distribution affect income inequality for the population as a whole and for normally working people. The different static and dynamic panel data analyses conducted reveal that, while the relationship between income inequality and income per capita is positive, the relationship between income inequality and educational attainment is not clear. Across European regions high levels of inequality in educational attainment are associated with higher income inequality. This may be interpreted as the responsiveness of the EU labour market to differences in qualifications and skills. The above results are robust to changes in the definition of income distribution. Other results indicate that population ageing and inactivity are sensitive to the specification model, while work access and latitude are negatively associated to income inequality. Urbanisation has a negative impact on inequality, but for the population as a whole only, and the relationship between unemployment and income inequality is positive. Female participation in the labour force is negatively associated with inequality and explains a major part of the variation in inequality. Finally, income inequality is lower in social-democratic welfare states, in Protestant areas, and in regions with Nordic family structures.
RePEc: Research Papers in Economics, Sep 24, 2007
The geography of education, especially at subnational level, is a huge black box. Basically nothi... more The geography of education, especially at subnational level, is a huge black box. Basically nothing is known about the distribution of educational attainment and inequality across regions in Europe. This paper addresses this gap in the literature by mapping educational attainment and inequality in 102 regions in western Europe, using data extracted from the European Community Household Panel (ECHP) covering more than 100,000 individuals over the period 1995-2000. The results of this Exploratory Spatial Data Analysis (ESDA) reveal a strong correlation between levels of educational attainment and inequality across regions in Europe. Regions with similar educational conditions tend to cluster, often within national borders. In addition a North-South and an urban-rural dimension is evident. Northern regions and large European metropoli have not only the most educated labour force, but also the lowest levels of inequality. Educational inequality seems to be, in any case, a fundamentally within region phenomenon. 90 percent of the educational inequality in Europe takes place among individuals living in the same region.
Handbook on Regional Economic Resilience, 2020
International journal of disaster risk reduction, Dec 1, 2020
Can a nation prevent a hazard-related disaster by investing in socioeconomic and political policy... more Can a nation prevent a hazard-related disaster by investing in socioeconomic and political policy tools? Drawing on 8 global datasets (1960-2016) and using a fixed effects logit model, we examine the importance of socioeconomic and political factors in changing the likelihood of disasters in 224 countries. We find that socioeconomic factors are of more importance than political factors. Lowincome countries are significantly more disaster prone than high-income countries; this effect is stronger and more robust for natural than technological disasters. Higher national population density increases the probability that a hazard turns into a disaster; this effect is much stronger and robust for technological than natural disasters. Educational endowment has a negative and statistically significant effect on the probability of all disasters, especially for natural-related disasters. In terms of political factors, there is no evidence that government composition and federalism influence a country's natural or technological disaster probability. Nevertheless, there is very weak evidence that quality of governance has a positive and statistically significant effect on the likelihood of disasters. Our findings point out that we can prevent natural and technological disasters by investing in economic development, investing in education, and managing disaster prone in high urban areas. These findings highlight the importance of focusing efforts on addressing larger scale macroeconomic, social and cultural distortions that generate vulnerability, as well as the prioritizing investment in both the Sendai Priorities and the Sustainable Development Goals that previously have not been linked to disaster probability.
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Papers by Vassilis Tselios