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Resilience and specialization – How German regions weathered the Great Recession

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  • Hundt Christian

    (Johann Heinrich von Thünen Institute, Thünen Institute of Rural Economics, Am Markt 4, 37671 Hoexter, Germany, and Leibniz University Hannover, Institute of Economic and Cultural Geography, Schneiderberg 50, 30167 Hannover, Hannover, Germany)

  • Grün Lennart

    (Leibniz University Hannover, Institute of Economic and Cultural Geography, Schneiderberg 50, 30167 Hannover, Hannover, Germany)

Abstract

This paper takes an explorative approach for analyzing the economic development of German Spatial Planning Regions during and after the Great Recession covering the period from 2007 to 2017. Specifically, we are interested in the relation between the short- and the mid-term resilience of regions and in the role of the underlying economic structure in this regard. For this purpose, we categorize regions by their GDP per capita growth in the resistance and recovery phase and then characterize the resulting region types by their average structural characteristics and track their performance through the renewal and reorientation phase.

Suggested Citation

  • 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.
    • Handle: RePEc:bpj:zfwige:v:66:y:2022:i:2:p:96-110:n:1
    DOI: 10.1515/zfw-2021-0014
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