Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/66603
Authors: 
Papadogonas, Theodore
Voulgaris, Fotini
Year of Publication: 
2010
Citation: 
[Journal:] International Journal of Economic Sciences and Applied Research [ISSN:] 1791-3373 [Volume:] 3 [Year:] 2010 [Issue:] 1 [Pages:] 27-38
Abstract: 
This paper investigates the effects of Greece's European Union (EU) accession and European Economic and Monetary Union (EMU) entry, as well as R&D intensity and industry concentration on job creation and job destruction in the Greek manufacturing sector. The study is based on firm-level economic data of 1418 firms and covers the time period from 1995 to 2004. The econometric model, besides other firm-level determinants used in similar studies, incorporates variables that capture the potential impact of EU accession and EMU entry. In addition, the effects of variables, such as R&D, size, age, exports, new investment, profitability and industry concentration ratios are examined. The study reveals that EMU has a substantial negative effect on employment growth in the Greek manufacturing sector. However, it strengthens the effect of exports, new investmentsin tangible assets and R&D expenditures on the creation of new work positions.
Subjects: 
industry study
dynamic growth
manufacturing
financial performance
JEL: 
C23
D21
G32
J23
L11
L6
Document Type: 
Article

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