Analyzing the Location Decisions of Agro-Industrial Investments in Greece

Abstract

This article examines empirically the factors determining the agro-industrial investments in Greece and their impact on tourism development. Firstly, the determinants influencing the spatial configuration, the socioeconomic forces and the political framework of the agro-industrial investments in Greece are examined theoretically, according to the literature considered by Regional Science. At next, a multi-ordinal regression analysis is applied on the determinants elected theoretically, utilizing statistical data from Greece that describe the period 2004-2008. The results of the analysis are interpreted under the regional developmental perspective, constituting an indirect evaluation of the Greek Developmental Laws 3299/04 and 3522/06, applied by the Government to orientate the developmental dynamics of the agro-industry in Greece. Finally, a further analysis is applied comparing the agro-industrial investments with the tourism dynamics in Greece, indicating a field of policy implementation.

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