115-130

• Πολύζος, Σεραφείμ
• Μινέτος, Διονύσης

The building and construction industry is a significant driver of both economic growth and land use change in Greece. Given the importance of the sector, a reliable and consistent pool of evidence on the evolution and state of regional building activity trends within the broader context of the country can contribute considerably to the improvement of strategic policy design and implementation. The spatial dimension of building activity variance is very important because it is possible to better understand the principal dynamic of both the increased spatial dependency and the increased regional divergence. This empirical research investigates the spatial differences in variations of building activity for the whole country. The unit of analysis is at the prefectural level (NUT III) and the key building variation drivers relates to ample social, economic, infrastructure and institutional forces. Data on building activity variations cover the period from 1990 to 2000 and the employed statistical procedure for the analysis is multinomial logistic regression. Logistic regression treats the distribution in a probabilistic manner, and expresses each dimension of the issue under investigation in terms of probability. The results indicate that that the size of variance is highly influenced by the size of economic activity, fluctuations in the tourism sector, the level of regional prosperity and the developmental incentives provided by the state.

• Economics and Business
• Computer and information sciences

• Industries
• Regional economics
• Economic development
• Statistics

building activity, regional development, incentives, variance, multinomial logistic regression

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