Abstract
The main objective of this study is to indicate that many times rural development is achievable endogenously through local forces. It is believed that a direct relationship exists between local cooperation and local forces in rural communities, allowing them to become a mechanism for endogenous development. The examination of local cooperation as a mechanism for endogenous development is important and thus, after a review of theoretical works related to local cooperation and endogenous development, the study presents an analysis derived from a case study, performed in a typical peripheral rural area in northwest Greece. Especially, after the recent spectacular shift of the global financial status, the existence of a local cooperation framework attracts the interest of the analysts as it can shed new light on endogenous development and on modeling and understanding better the long-term behavior of rural residents. Thus, this study examines the willingness of the local society to accept and support a local factor such as an investment proposal of the local union of agricultural cooperatives, by revealing the foremost reasons thereof. Both descriptive statistics and multivariate analysis were employed. Two-step cluster analysis was used to explore the different levels of local factor’s adoption and a binomial logit model was estimated to determine the relation between social characteristics and willingness to adopt endogenous development.
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Chatzitheodoridis, F., Michailidis, A., Theodosiou, G., Loizou, E. (2013). Local Cooperation: A Dynamic Force for Endogenous Rural Development. In: Karasavvoglou, A., Polychronidou, P. (eds) Balkan and Eastern European Countries in the Midst of the Global Economic Crisis. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-7908-2873-3_9
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