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Fiscal Multipliers Under Extreme Uncertainty: Case of Greek Tourism Economy

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Operational Research in Agriculture and Tourism

Part of the book series: Cooperative Management ((COMA))

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Abstract

This article explores how the impact of the economic strategy on performance can shift depending on whether the economy is in progress or recession. This particular strategy seems to affect the tourism sector especially in the central regions of Greek territory and not in the areas bordering sea tourism destinations. Extensions and bends are characterized by the indication of the performance slit (positive and negative, separately). The choice to use the yield segment as a marginal variable is promoted by a few elements, one of which is that under a negative performance gap, free from the GDP growth rate, abundance limits are predictable for the economy, reducing the decline in private business measures after a stunning administration.

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Author information

Authors and Affiliations

  1. Department of Social and Educational Policy, University of Peloponnese, Korinthos, Greece

    Georgios Alexopoulos

  2. Department of Business Administration and Tourism, Hellenic Mediterranean University (HMU), Crete, Greece

    Alexandros Apostolakis & Alexandros Garefalakis

  3. Financial Engineering Laboratory, Technical University of Crete, Chania, Greece

    Constantin Zopounidis & Marianna Eskantar

Authors
  1. Georgios Alexopoulos
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  2. Alexandros Apostolakis
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  3. Constantin Zopounidis
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  4. Alexandros Garefalakis
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  5. Marianna Eskantar
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Corresponding author

Correspondence to Georgios Alexopoulos .

Editor information

Editors and Affiliations

  1. School of Production Engineering and Management, Technical University of Crete, Chania, Greece

    Evangelia Krassadaki

  2. Department of Business Economics & Management, Mediterranean Agronomic Institute of Chania, Chania, Greece

    George Baourakis

  3. School of Production Engineering and Management, Technical University of Crete, Chania, Greece

    Constantin Zopounidis

  4. School of Production Engineering and Management, Technical University of Crete, Chania, Greece

    Nikolaos Matsatsinis

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Alexopoulos, G., Apostolakis, A., Zopounidis, C., Garefalakis, A., Eskantar, M. (2020). Fiscal Multipliers Under Extreme Uncertainty: Case of Greek Tourism Economy. In: Krassadaki, E., Baourakis, G., Zopounidis, C., Matsatsinis, N. (eds) Operational Research in Agriculture and Tourism. Cooperative Management. Springer, Cham. https://doi.org/10.1007/978-3-030-38766-2_5

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