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Measuring and Exploring Regional Trade Resilience in Italy During Different Crises

Author

Listed:
  • Roberta Arbolino

    (University of Naples “L’Orientale”)

  • Raffaele Boffardi

    (University of Naples “L’Orientale”)

  • P. Di Caro

    (University of Rome La Sapienza)

Abstract

Trade growth and resilience show variations within the regions of a country during different recessionary periods. Similarly, the main determinants of trade capacity also register spatial differences. We use novel panel-time series data covering almost three decades and combine resilience indexes and heterogeneous coefficient models to study trade performance and resilience across the Italian regions. We find heterogeneous impact of different crises on trade and crisis-specific effects, together with sector-specific differences. We provide explanations for such differences based on the role of the EU cohesion policy, trade linkages and specialization. Policy implications are finally discussed.

Suggested Citation

  • Roberta Arbolino & Raffaele Boffardi & P. Di Caro, 2023. "Measuring and Exploring Regional Trade Resilience in Italy During Different Crises," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(3), pages 1027-1047, November.
    • Handle: RePEc:spr:italej:v:9:y:2023:i:3:d:10.1007_s40797-023-00250-6
    DOI: 10.1007/s40797-023-00250-6
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    More about this item

    Keywords

    Trade Resilience; Regional Trade; EU Funds; Heterogeneous Models;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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