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Regional determinants of economic resilience

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  • Paolo Caro

    (Italian Ministry of Economy and Finance
    University of Portsmouth)

  • Ugo Fratesi

    (Politecnico di Milano)

Abstract

The economic resilience approach recently spread among regional scientists and economic geographers has provided new challenges to empirical researchers interested in studying the overall temporary and persistent consequences of the recent crisis and, more broadly, economic shocks. One of the open issues in this literature is the identification of the determinants of resilience, that is, the factors that influence the evolutionary dynamic process of robustness and adaptability registered in particular places. The selected sample of papers in this special issue provides original contributions for answering the question about what determines regional economic resilience. The common findings of the contributions can be seen as quite robust by relying upon different measures of resilience, cases, methodologies and time periods. Three main conclusions arise from the special issue: most of the determinants of economic resilience show regularities across time and space. The factors that contribute to explain the economic performance of places in normal times are also useful for understanding the patterns observed during and after recessionary events. Policymakers can play an active role in sustaining resilient economies by addressing resources and efforts in the right policy areas without waiting for crises.

Suggested Citation

  • Paolo Caro & Ugo Fratesi, 2018. "Regional determinants of economic resilience," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 235-240, March.
    • Handle: RePEc:spr:anresc:v:60:y:2018:i:2:d:10.1007_s00168-017-0858-x
    DOI: 10.1007/s00168-017-0858-x
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    References listed on IDEAS

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    Cited by:

    1. Jacopo Canello & Francesco Vidoli, 2020. "Investigating space‐time patterns of regional industrial resilience through a micro‐level approach: An application to the Italian wine industry," Journal of Regional Science, Wiley Blackwell, vol. 60(4), pages 653-676, September.
    2. Meiyue Li & Xiaowen Wang, 2022. "How Regions React to Economic Crisis: Regional Economic Resilience in a Chinese Perspective," SAGE Open, , vol. 12(4), pages 21582440221, December.
    3. N. N. Mikheeva, 2021. "Resilience of Russian Regions to Economic Shocks," Studies on Russian Economic Development, Springer, vol. 32(1), pages 68-77, January.
    4. Vitor Klein Schmidt & Aurora Carneiro Zen & Bernardo Fernandes Soares & Bruno Anicet Bittencourt, 2023. "Trajectory and cluster resilience elements: The case of the Brazilian wine cluster of the Serra Gaúcha," Growth and Change, Wiley Blackwell, vol. 54(2), pages 596-624, June.
    5. Lu Liu & Yuxin Meng & Desheng Wu & Qiying Ran & Jianhong Cao & Zilian Liu, 2023. "Impact of haze pollution and human capital on economic resilience: evidence from prefecture-level cities in China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(11), pages 13429-13449, November.
    6. Arbolino, Roberta & Caro, Paolo Di, 2021. "Can the EU funds promote regional resilience at time of Covid-19? Insights from the Great Recession11We thank the Editors and the four anonymous referees for helpful comments. We also thank Emanuele C," Journal of Policy Modeling, Elsevier, vol. 43(1), pages 109-126.
    7. Hundt Christian & Grün Lennart, 2022. "Resilience and specialization – How German regions weathered the Great Recession," ZFW – Advances in Economic Geography, De Gruyter, vol. 66(2), pages 96-110, July.
    8. Ferran Navinés & José Pérez-Montiel & Carles Manera & Javier Franconetti, 2023. "Ranking the Spanish regions according to their resilience capacity during 1965–2011," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 71(2), pages 415-435, October.
    9. Sonja Brlečić Valčić & Anita Peša & Dijana Čičin-Šain, 2022. "Analysis of the Eurozone’s Resilience to Crises and Disturbances in the Context of EU Development Strategies—Contemporary Approach Using Anfis," Sustainability, MDPI, vol. 14(23), pages 1-28, November.
    10. O. V. Kuznetsova, 2022. "The Transformation of the Spatial Structure of an Economy in the Crisis and Post-Crisis Periods," Regional Research of Russia, Springer, vol. 12(4), pages 451-458, December.
    11. Monastiriotis, Vassilis & Martelli, Angelo, 2021. "Crisis, adjustment and resilience in the Greek labor market: an unemployment decomposition approach," LSE Research Online Documents on Economics 107048, London School of Economics and Political Science, LSE Library.
    12. Martin Andersson & Hong Sok Kim & Janet Kohlhase, 2020. "Editorial Annals of Regional Science," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 64(1), pages 1-8, February.
    13. Jana OSTARKOVA & Michaela STANICKOVA, 2021. "Editorial: How well do we know the issue of resilience? Literary research of current levels of knowledge," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 12, pages 12-42, August.
    14. Holtermann, Linus & Hundt, Christian, 2018. "Hierarchically structured determinants and phase-related patterns of economic resilience – An empirical case study for European regions," MPRA Paper 88359, University Library of Munich, Germany.
    15. Hamann, Silke & Kropp, Per & Niebuhr, Annekatrin & Roth, Duncan & Sieglen, Georg, 2021. "Die regionalen Arbeitsmarkteffekte der Covid-19-Pandemie: Nicht nur eine Frage der Wirtschaftsstruktur (The COVID-19 pandemics regional labour market effects: more than just a sectoral shock)," IAB-Kurzbericht 202114, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    16. Gary A. Wagner & Timothy M. Komarek, 2023. "How does municipal governance structure affect innovation and knowledge diffusion? Evidence from U.S. metro areas," Economics of Governance, Springer, vol. 24(3), pages 287-330, September.
    17. Elias Giannakis & Theofanis P. Mamuneas, 2022. "Labour productivity and regional labour markets resilience in Europe," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(3), pages 691-712, June.
    18. Soomi Lee & Shu Wang, 2023. "Impacts of political fragmentation on inclusive economic resilience: Examining American metropolitan areas after the Great Recession," Urban Studies, Urban Studies Journal Limited, vol. 60(1), pages 26-45, January.
    19. Jesse M. Keenan & Benjamin D. Trump & William Hynes & Igor Linkov, 2021. "Exploring the Convergence of Resilience Processes and Sustainable Outcomes in Post-COVID, Post-Glasgow Economies," Sustainability, MDPI, vol. 13(23), pages 1-12, December.
    20. Matías Mayor & Raul Ramos, 2020. "Regions and Economic Resilience: New Perspectives," Sustainability, MDPI, vol. 12(11), pages 1-4, June.
    21. Vassilis Monastiriotis & Angelo Martelli, 2021. "Crisis, Adjustment and Resilience in the Greek Labor Market: An Unemployment Decomposition Approach," International Regional Science Review, , vol. 44(1), pages 85-112, January.
    22. Hasan Engin Duran & Ugo Fratesi, 2023. "Economic resilience and regionally differentiated cycles: Evidence from a turning point approach in Italy," Papers in Regional Science, Wiley Blackwell, vol. 102(2), pages 219-252, April.
    23. Agnė Žičkienė & Rasa Melnikienė & Mangirdas Morkūnas & Artiom Volkov, 2022. "CAP Direct Payments and Economic Resilience of Agriculture: Impact Assessment," Sustainability, MDPI, vol. 14(17), pages 1-24, August.
    24. Pengyang Zhang & Yanmei Huang & Sipei Pan & Wanxu Chen & Hui Zhong & Ning Xu & Mingxing Zhong, 2022. "Does Resilience Exist in China’s Tourism Economy? From the Perspectives of Resistance and Recoverability," Sustainability, MDPI, vol. 14(17), pages 1-21, August.
    25. Alessia Arcidiacono & Gianpiero Torrisi, 2022. "Decentralisation and Resilience: A Multidimensional Approach," Sustainability, MDPI, vol. 14(16), pages 1-25, August.

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