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Spatio-Temporal Analysis Of Resilience During The Great Recession. The Case Of Italy

Author

Listed:
  • Barbara Martini

    (University of Rome Tor Vergata)

  • Marco Platania

    (University of Catania)

Abstract

The 2007 economic shock had a strong impact in Italy, hampering the efforts to reduce the regional disparities. Using the concept of resilience, the aim of the paper is twofold: first, to explore the resilience regional determinants; second, using a spatio-temporal approach, to analyze if resilience is not only a regional attribute, but also a process influenced by the geographical localization. Results highlight that Italy is polarized in two clusters: the first one composed by resilient regions and a second one grouping the non-resilient regions. The first one, the more dynamic, has been able to resist and recover after the shock, while the latter one has been trapped in a less dynamic and less competitive socio-economic model. This polarization not only remains after the shock, but it becomes stronger.

Suggested Citation

  • Barbara Martini & Marco Platania, 2019. "Spatio-Temporal Analysis Of Resilience During The Great Recession. The Case Of Italy," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 13(1), pages 1-14, JUNE.
    • Handle: RePEc:rrs:journl:v:13:y:2019:i:1:p:1-14
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    References listed on IDEAS

    as
    1. Riccardo Crescenzi & Davide Luca & Simona Milio, 2016. "Editor's choice The geography of the economic crisis in Europe: national macroeconomic conditions, regional structural factors and short-term economic performance," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 9(1), pages 13-32.
    2. Crescenzi, Riccardo & Luca, Davide & Milio, Simona, 2016. "The geography of the economic crisis in Europe: national macroeconomic conditions, regional structural factors and short-term economic performance," LSE Research Online Documents on Economics 64061, London School of Economics and Political Science, LSE Library.
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    Cited by:

    1. Bogdan-Vasile Ileanu & Adrian Pana, 2024. "From 2008–2011 Great Recession to COVID-19 pandemic: an analysis of resilience metrics in European regions," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 51(4), pages 1037-1073, November.

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    More about this item

    Keywords

    resilience; regional disparities; spatial panel model; Italy;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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