ENTRY IN GREEK MANUFACTURING-INDUSTRY - ATHENS VS THE REST OF GREECE

The paper reports an attempt to estimate the determinants of entry in Creek manufacturing industry in the 1984-87 period and to identify the differences between locational entry preferences, Entry in Athens is found to be hesitant with respect to factors such as profitability and increased competition, Conversely, entry in the rest of the country i s strongly related to expected profits and safe markets, negatively af fected by relative labour costs and indifferent to international compe tition threats, The 'healthier' approach of regional entry is enhancin g regional development prospects and partly justifies the strict regio nal policies of the 1980s.