Matches in SemOpenAlex for { <https://semopenalex.org/work/W240851657> ?p ?o ?g. }
- W240851657 endingPage "61" @default.
- W240851657 startingPage "50" @default.
- W240851657 abstract "AbstractThe paper examines issues related to the employment effects of financial investmentincentives provided to SMEs in a lagging rural area in Southern Europe. A regional SAM is built to portray the structural characteristics of the local economy, followed by the estimation of regional economic impacts, distinguished into investment- and capacity-adjustment effects. Results indicate a moderate impact on regional employment, but capacity-adjustment effects seem substantial. Policy effectiveness is moderate when only jobs created on site are considered. However, if economy-wide jobs created are considered, cost per job is significantly lower, this consisting a more comprehensive measure for policy makers.Key words: Regional development policy; Social accounting matrices; Private investment-incentives; Job-creationIntroductionRural regions in the EU are currently undergoing significant economic and social changes, mostly induced by agricultural policy reform, international trade liberalization and the enhancement of the role of rural development policies. These changes are not expected to affect all EU rural areas in an equal manner. Rural areas in the 'centre' are characterized by higher population densities, greater proximity to major markets, low dependence on farming and a diversified economic base, and are expected to face a smoother adjustment process, as their economies and societies do not concentrate heavily on farming. On the other hand, rural areas of the 'periphery', characterised by severe remoteness, depopulation, infrastructural inadequacies and high dependence on agriculture, are expected to face a significant structural adjustment process (Psaltopoulos et al., 2006).Agricultural adjustment in these peripheral areas is expected to have a significant influence, as job opportunities in farming decline and increased dependence on welfare transfers creates more pressure in terms of the maintaining of a fragile social fabric. As already suggested in several fora, the answer to these problems lies in economic diversification and the promotion of an integrated development process, which can be facilitated through (amongst other programs) the creation and maintenance of viable Small and Medium Enterprises (SMEs), especially in the secondary and tertiary sectors.Regional development policy in Greece (a country dominated by remote rural areas, most of which still depend heavily on agriculture) aims at promoting regional employment, re-distributing and diversifying the regional economic base and enhancing competitiveness through the adoption of innovation and technology in all stages of production. Selective regional assistance to investment projects in the secondary and tertiary sectors has attempted to advance economic growth through supporting and sustaining the growth of regional non-farm sectors. Along these lines, the first coherent framework of regional investment-incentives to private enterprises was introduced by Development Law 1262/82, later amended and reoriented by Development Laws 1892/90 and 2234/90. These frameworks, funded by both the European Regional Development Fund (ERDF) and national funds, have provided SMEs with capital subsidies, interest rate subsidies on investment bank loans, tax waivers on profits and increased depreciation rates.Employment growth however, is undoubtedly the paramount aim of formal regional policies in Europe and internationally. Thus, it is not surprising that, the overwhelming majority of research efforts have focused on the employment effects of regional assistance instruments (Foley, 1992; Hart et al., 1993; Harris, 1991; Moore and Rhodes, 1973; Storey, 1990; Wren, 1987; 1989; 1994; 1996; 1998; Wren and Waterson, 1991). Within this framework, highly developed research has attempted to identify the job creation effects of regional assistance instruments. These effects are distinguished into gross job-creation, defined as the number of work-places specifically created by a certain policy intervention without taking into account economy-wide effects of this policy on the regional economy, and net job-creation which takes into account displacement, i. …" @default.
- W240851657 created "2016-06-24" @default.
- W240851657 creator A5071549249 @default.
- W240851657 creator A5075178397 @default.
- W240851657 creator A5089782200 @default.
- W240851657 date "2011-07-01" @default.
- W240851657 modified "2023-09-22" @default.
- W240851657 title "Employment effects of private investment initiatives in rural areas of southern Europe: A regional SAM approach" @default.
- W240851657 cites W1491137653 @default.
- W240851657 cites W1491622272 @default.
- W240851657 cites W1493472778 @default.
- W240851657 cites W1496158058 @default.
- W240851657 cites W1741048052 @default.
- W240851657 cites W1964793431 @default.
- W240851657 cites W1972112042 @default.
- W240851657 cites W1976109082 @default.
- W240851657 cites W1996180147 @default.
- W240851657 cites W2011920467 @default.
- W240851657 cites W2029082773 @default.
- W240851657 cites W2065713798 @default.
- W240851657 cites W2083471024 @default.
- W240851657 cites W2093557747 @default.
- W240851657 cites W2095317502 @default.
- W240851657 cites W2102763623 @default.
- W240851657 cites W2109675720 @default.
- W240851657 cites W2121549968 @default.
- W240851657 cites W2128294393 @default.
- W240851657 cites W2133047016 @default.
- W240851657 cites W2157412497 @default.
- W240851657 cites W2525505606 @default.
- W240851657 cites W3151871565 @default.
- W240851657 cites W53860179 @default.
- W240851657 cites W603783193 @default.
- W240851657 doi "https://doi.org/10.22004/ag.econ.178222" @default.
- W240851657 hasPublicationYear "2011" @default.
- W240851657 type Work @default.
- W240851657 sameAs 240851657 @default.
- W240851657 citedByCount "1" @default.
- W240851657 countsByYear W2408516572016 @default.
- W240851657 crossrefType "posted-content" @default.
- W240851657 hasAuthorship W240851657A5071549249 @default.
- W240851657 hasAuthorship W240851657A5075178397 @default.
- W240851657 hasAuthorship W240851657A5089782200 @default.
- W240851657 hasConcept C118518473 @default.
- W240851657 hasConcept C129047720 @default.
- W240851657 hasConcept C142724271 @default.
- W240851657 hasConcept C144024400 @default.
- W240851657 hasConcept C144133560 @default.
- W240851657 hasConcept C149923435 @default.
- W240851657 hasConcept C162324750 @default.
- W240851657 hasConcept C166957645 @default.
- W240851657 hasConcept C17744445 @default.
- W240851657 hasConcept C199539241 @default.
- W240851657 hasConcept C205649164 @default.
- W240851657 hasConcept C27548731 @default.
- W240851657 hasConcept C2776510970 @default.
- W240851657 hasConcept C2776962539 @default.
- W240851657 hasConcept C2779831800 @default.
- W240851657 hasConcept C2908647359 @default.
- W240851657 hasConcept C29122968 @default.
- W240851657 hasConcept C34447519 @default.
- W240851657 hasConcept C58823610 @default.
- W240851657 hasConcept C71924100 @default.
- W240851657 hasConcept C94625758 @default.
- W240851657 hasConceptScore W240851657C118518473 @default.
- W240851657 hasConceptScore W240851657C129047720 @default.
- W240851657 hasConceptScore W240851657C142724271 @default.
- W240851657 hasConceptScore W240851657C144024400 @default.
- W240851657 hasConceptScore W240851657C144133560 @default.
- W240851657 hasConceptScore W240851657C149923435 @default.
- W240851657 hasConceptScore W240851657C162324750 @default.
- W240851657 hasConceptScore W240851657C166957645 @default.
- W240851657 hasConceptScore W240851657C17744445 @default.
- W240851657 hasConceptScore W240851657C199539241 @default.
- W240851657 hasConceptScore W240851657C205649164 @default.
- W240851657 hasConceptScore W240851657C27548731 @default.
- W240851657 hasConceptScore W240851657C2776510970 @default.
- W240851657 hasConceptScore W240851657C2776962539 @default.
- W240851657 hasConceptScore W240851657C2779831800 @default.
- W240851657 hasConceptScore W240851657C2908647359 @default.
- W240851657 hasConceptScore W240851657C29122968 @default.
- W240851657 hasConceptScore W240851657C34447519 @default.
- W240851657 hasConceptScore W240851657C58823610 @default.
- W240851657 hasConceptScore W240851657C71924100 @default.
- W240851657 hasConceptScore W240851657C94625758 @default.
- W240851657 hasIssue "2" @default.
- W240851657 hasLocation W2408516571 @default.
- W240851657 hasOpenAccess W240851657 @default.
- W240851657 hasPrimaryLocation W2408516571 @default.
- W240851657 hasRelatedWork W1517566087 @default.
- W240851657 hasRelatedWork W1546441944 @default.
- W240851657 hasRelatedWork W1801651851 @default.
- W240851657 hasRelatedWork W187340898 @default.
- W240851657 hasRelatedWork W1963717416 @default.
- W240851657 hasRelatedWork W2040116594 @default.
- W240851657 hasRelatedWork W2054154437 @default.
- W240851657 hasRelatedWork W2055222967 @default.
- W240851657 hasRelatedWork W2067856109 @default.