Modelling the regional variability of building activity in Greece: A multi-level multinomial logistic regression approach

Dimitrios Kantianis; Serafeim Polyzos; Dimitrios Tsiotas

doi:10.18778/1231-1952.30.1.01

Authors

Dimitrios Kantianis Department of Economic and Regional Development, Panteion University of Social and Political Sciences, 136, Syggrou Avenue, 176 71 Athens, Greece https://orcid.org/0000-0001-9338-2375
Serafeim Polyzos Department of Planning and Regional Development, University of Thessaly, Pedion Areos, 383 34 Volos, Greece https://orcid.org/0000-0002-3437-5041
Dimitrios Tsiotas Department of Regional and Economic Development, Agricultural University of Athens, Neo Ktirio – Nea Poli, Amfissa 33100, Greece https://orcid.org/0000-0003-3510-8823

DOI:

https://doi.org/10.18778/1231-1952.30.1.01

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Keywords:

spatial planning, regional development, building activity, multinomial logistic regression

Abstract

This paper studies spatial differences in the fluctuations of the regional building activity in Greece, by developing a composite multinomial logistic regression model expressing the building activity’s variability in socio-economic terms. The results show that the variability in building activity is related to economies of scale within the construction sector, along with the performance of two other Greek economy’s major sectors, i.e., tourism and tertiary, in highlighting a dependence on the prime drivers of economic and regional development. Overall, the research provides empirical evidence on the macro-economic modelling of spatial demand, based on a proxy incorporating all aspects of human activity in the geographical space.

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