Evangelos Rasvanis

The revised paper appears to have addressed some key concerns raised in my initial review, enhancing its clarity, analytical depth, and contribution. Below, I evaluate the adjustments and provide additional suggestions. The abstract now highlights t...

This paper explores hotel managers' perspectives on medical tourism in Greece’s Thessaly Region, a topic of increasing relevance amid the global rise of medical tourism, using primary questionnaire data to assess attitudes, investment willingness, an...

This paper offers a comprehensive analysis of the investment flows from Greek to Bulgarian regions against the context of COVID‐19. Employing a mixed research method, it investigates the initial impact of COVID‐19 on regional FDI flows from Greece to Bulgaria and intends to explore to which extent the pandemic acts as an impediment to firm relocation, by examining regional investment flows from 2013 to 2020. The effects of the COVID‐19 macroeconomic shock are placed in the context of the existing conditions shaped by the 2008 global economic crisis. The paper also attempts to provide a critical insight of factors underlying investment flows. The results indicate that there was a limited investment halt but no disinvestment from the Greek to Bulgarian regions in the first year of the COVID‐19 outbreak. Low and stable taxation, cheap labour and efficient regulatory regime attract Greek investments in Bulgaria.

It is widely known that both geography and institutions determine the location of an investment. However, little is known about the impact of these factors on entrepreneurs’ future business plans. Using a questionnaire survey, this paper examines whether the 'first-' and 'second-nature' geography and institutions affect the plans of entrepreneurs to expand or sell their businesses in Greece. The analysis shows that entrepreneurs intend to expand their businesses when the importance of the country's relative geographical location to the international market increases, but that of localisation economies decreases. There is also evidence that entrepreneurs aim to sell their businesses to domestic investors when sea access, the natural environment, the agglomeration economies, the location of Greece and the local governance are ideal for the business performance in the country.