Dr Georgios Efthyvoulou
BA, MSc, PhD
Department of Economics
Senior Lecturer in Economics

Full contact details
Department of Economics
514
9 Mappin Street
Sheffield
S1 4DT
- Profile
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Georgios graduated from the University of Cyprus in 2003 and holds an MSc in Economics from University College London (2005) and a PhD in Economics from Birkbeck University of London (2010).
After completing his PhD, he was appointed to a two-year research fellowship at the University of Birmingham, where he worked on a large-scale research project funded by the European Commission.Georgios joined the University of Sheffield as a Lecturer in September 2012, and was promoted to a Senior Lecturer in January 2021. He is a Research Fellow of the Sheffield Political Economy Research Institute (SPERI).
Georgios will be on study leave from February to July 2022.
- Research interests
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Georgios’ research interests lie in two areas: (i) political economy, particularly how elections, ideological preferences, and political institutions shape political behaviour and policy choices; and, (ii) international business and banking, focusing on the interplay between firms’ sources of finance, ownership structure, internationalization activities and performance.
His current research explores the political and social determinants of (international and internal) migration and the relationship between terrorism, public attitudes and voting behaviour.
For details of Georgios’ latest research, please visit his personal website.
Georgios is interested in supervising PhD students doing applied empirical work in a range of fields, especially political economy.
- Publications
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Journal articles
- You (Br)exit, I stay: The effect of the Brexit vote on internal migration. Political Geography, 95. View this article in WRRO
- Did terrorism affect voting in the Brexit referendum?. British Journal of Political Science. View this article in WRRO
- Electoral motives and the subnational allocation of foreign aid in sub-Saharan Africa. European Economic Review, 127, 103430-103430. View this article in WRRO
- Interlocking directorships and patenting coordination. Economics of Innovation and New Technology. View this article in WRRO
- Bank value and geographic diversification: regional vs global. Journal of Financial Stability, 36, 225-245. View this article in WRRO
- Foreign vs domestic ownership on debt reduction: An investigation of acquisition targets in Italy and Spain. International Business Review, 26(5), 801-815. View this article in WRRO
- Political cycles in public expenditure: butter vs guns. Journal of Comparative Economics, 45(3), 582-604. View this article in WRRO
- Financial constraints, innovation performance and sectoral disaggregation. Manchester School, 84(2), 125-158. View this article in WRRO
- Market power in CEE banking sectors and the impact of the global financial crisis. Journal of Banking and Finance, 40(1), 11-27. View this article in WRRO
- Political budget cycles in the European Union and the impact of political pressures. Public Choice, 153(3-4), 295-327.
- The impact of financial stress on sectoral productivity. Economics Letters, 116(2), 240-243.
- Political cycles under external economic constraints: Evidence from Cyprus. Journal of Economics and Business, 63(6), 638-662.
- Alphabet Economics: The link between names and reputation. Journal of Socio-Economics, 37(3), 1266-1285.
- You (Br)exit, I stay: The effect of the Brexit vote on internal migration. Political Geography, 95. View this article in WRRO
- Grants
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Georgios has recently received funding from the Economic and Social Research Council (2021-2023) to undertake a new research project entitled "The effect of terrorism on public attitudes and individual well-being in Great Britain". The research aims to deliver novel evidence of the effects of terrorism on public attitudes and individual well-being in Great Britain over the last 30 years, and help the UK government develop appropriate strategies to mitigate its negative consequences.
- Teaching activities
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Georgios previously taught Applied Macroeconometrics and Business Finance to postgraduate students and Political Economy to 3rd year undergraduate students.
His approach to teaching is to present course material in ways that challenge and motivate student learning, and encourage the development of creativity, critical thinking, and problem-solving skills. He also tries to incorporate examples of the latest economics research into the course content, which can make the subject lively and up-to-date and help the students understand how knowledge can be generated through research.