IDEAS home Printed from https://ideas.repec.org/a/taf/eurpls/v25y2017i2p155-180.html
   My bibliography  Save this article

Out of the crisis: an empirical investigation of place-specific determinants of economic resilience

Author

Listed:
  • Silvia Rita Sedita
  • Ivan De Noni
  • Luciano Pilotti

Abstract

This article attempts to isolate the structural characteristics that affect the resilience of a regional economy. It focuses on the role played by related/unrelated variety and differentiated knowledge bases as drivers for regional resilience and originally explores their interdependences. Italy is the empirical setting, and Italian local labour systems the unit of analysis. Regional resilience is measured as growth of the employment rate after the Great Recession that began in 2008. Results confirm the importance of related variety and of differentiated knowledge bases as drivers for regional resilience. We found support of the creative capacity of culture argument, providing evidence that a moderate concentration in symbolic knowledge-based economic activities contributes to resilience. Synthetic and analytical knowledge-based activities provide positive and no support to regional resilience, respectively. Finally, the relatedness of the symbolic knowledge-based activities increases regional economic resilience. Some policy implications are then derived from these findings.

Suggested Citation

  • Silvia Rita Sedita & Ivan De Noni & Luciano Pilotti, 2017. "Out of the crisis: an empirical investigation of place-specific determinants of economic resilience," European Planning Studies, Taylor & Francis Journals, vol. 25(2), pages 155-180, February.
    • Handle: RePEc:taf:eurpls:v:25:y:2017:i:2:p:155-180
    DOI: 10.1080/09654313.2016.1261804
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09654313.2016.1261804
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09654313.2016.1261804?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Diane Coyle, 2014. "GDP: A Brief but Affectionate History," Economics Books, Princeton University Press, edition 1, number 10183.
    2. Francesca Mameli & Simona Iammarino & Ron Boschma, 2012. "Regional variety and employment growth in Italian labour market areas: services versus manufacturing industries," Working Papers 4, Birkbeck Centre for Innovation Management Research, revised Mar 2012.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Luciana Lazzeretti & Niccolò Innocenti & Francesco Capone, 2017. "The impact of related variety on the creative employment growth," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 58(3), pages 491-512, May.
    2. Cainelli, Giulio & Ganau, Roberto, 2021. "Knowledge spillovers, related variety and firm heterogeneity," LSE Research Online Documents on Economics 114858, London School of Economics and Political Science, LSE Library.
    3. Xiaojing Li & Jing Chen, 2023. "Global or Local Spatial Spillovers? Industrial Diversity and Economic Resilience in the Middle Reaches of the Yangtze River Urban Agglomeration, China," Sustainability, MDPI, vol. 15(14), pages 1-17, July.
    4. Li Pengfei & Turkina Ekaterina & Van Assche Ari, 2022. "The Tortoise and the Hare: Industry Clockspeed and Resilience of Production and Knowledge Networks in Montréal’s Aerospace Industry," ZFW – Advances in Economic Geography, De Gruyter, vol. 66(2), pages 81-95, July.
    5. Giulio Cainelli & Roberto Ganau & Marco Modica, 2019. "Does related variety affect regional resilience? New evidence from Italy," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 62(3), pages 657-680, June.
    6. Linus Holtermann & Christian Hundt, 2018. "Hierarchically structured determinants and phase related patterns of economic resilience. An empirical case study for European regions," Working Papers on Innovation and Space 2018-02, Philipps University Marburg, Department of Geography.
    7. Pedro Sánchez-Zamora & Rosa Gallardo-Cobos, 2019. "Diversity, Disparity and Territorial Resilience in the Context of the Economic Crisis: An Analysis of Rural Areas in Southern Spain," Sustainability, MDPI, vol. 11(6), pages 1-21, March.
    8. Vinko Mustra & Blanka Simundic & Zvonimir Kulis, 2017. "Efectos de la especialización inteligente en la resiliencia económica regional en la UE," Revista de Estudios Regionales, Universidades Públicas de Andalucía, vol. 3, pages 175-195.
    9. Michalô °€ Brzozowski, 2020. "Impact of Credit Market Development and Stability on Productivity: New Evidence from the Industry Level," Annals of Economics and Finance, Society for AEF, vol. 21(1), pages 111-129, May.
    10. Etienne Capron & Dominique Sagot-Duvauroux & Raphaël Suire, 2020. "Anatomy of a techno-creative community : the role of places and events in the emergence of videomapping in Nantes," Working Papers hal-02617101, HAL.
    11. Suat Tuysuz & Tüzin Baycan & Fatih Altuğ, 2022. "Economic impact of the COVID-19 outbreak in Turkey: analysis of vulnerability and resilience of regions and diversely affected economic sectors," Asia-Pacific Journal of Regional Science, Springer, vol. 6(3), pages 1133-1158, October.
    12. Apa, Roberta & De Noni, Ivan & Orsi, Luigi & Sedita, Silvia Rita, 2018. "Knowledge space oddity: How to increase the intensity and relevance of the technological progress of European regions," Research Policy, Elsevier, vol. 47(9), pages 1700-1712.
    13. Niccolò Innocenti & Francesco Capone & Luciana Lazzeretti & Sergio Petralia, 2022. "The role of inventors’ networks and variety for breakthrough inventions," Papers in Regional Science, Wiley Blackwell, vol. 101(1), pages 37-57, February.
    14. Ron Boschma, 2017. "A concise history of the knowledge base literature: challenging questions for future research," Papers in Evolutionary Economic Geography (PEEG) 1721, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Sep 2017.
    15. Roberta Apa & Valentina De Marchi & Roberto Grandinetti & Silvia Rita Sedita, 2021. "University-SME collaboration and innovation performance: the role of informal relationships and absorptive capacity," The Journal of Technology Transfer, Springer, vol. 46(4), pages 961-988, August.
    16. Fabrizio Fusillo & Davide Consoli & Francesco Quatraro, 2022. "Resilience, Skill Endowment, and Diversity: Evidence from US Metropolitan Areas," Economic Geography, Taylor & Francis Journals, vol. 98(2), pages 170-196, March.
    17. Tomao, Antonio & Quaranta, Giovanni & Salvia, Rosanna & Vinci, Sabato & Salvati, Luca, 2021. "Revisiting the ‘southern mood’? Post-crisis Mediterranean urbanities between economic downturns and land-use change," Land Use Policy, Elsevier, vol. 111(C).
    18. Rune Dahl Fitjar & Bram Timmermans, 2017. "Knowledge bases and relatedness: A study of labour mobility in Norwegian regions," Papers in Evolutionary Economic Geography (PEEG) 1712, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jun 2017.
    19. Pontarollo, Nicola & Serpieri, Carolina, 2020. "A composite policy tool to measure territorial resilience capacity," Socio-Economic Planning Sciences, Elsevier, vol. 70(C).
    20. Raul Ramos & Vicente Royuela, 2021. "Introduction to the Special Issue on “Territorial Resilience: Mitigation and Firms’ Adaptationâ€," International Regional Science Review, , vol. 44(1), pages 3-9, January.
    21. R. Arbolino & U. Marani, 2018. "Economic Crisis, Resilience and New Regional Dualisms," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 1-2, pages 97-116.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Elert, Niklas & Henrekson, Magnus, 2017. "Entrepreneurship and Institutions: A Bidirectional Relationship," Working Paper Series 1153, Research Institute of Industrial Economics, revised 05 May 2017.
    2. Roberto Ercole & Robert O'neill, 2017. "The Influence of Agglomeration Externalities on Manufacturing Growth Within Indonesian Locations," Growth and Change, Wiley Blackwell, vol. 48(1), pages 91-126, March.
    3. Thomas Straubhaar, 2021. "Nicht das Ende, sondern der Anfang einer neuen Globalisierung," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(11), pages 841-844, November.
    4. Slávka Klasová & Iveta Korobaničová & Peter Burger, 2017. "Vplyv aglomeračných úspor na rast zamestnanosti v kreatívnych odvetviach na Slovensku [The Impact of Agglomeration Economies on Employment Growth in the Creative Industries in Slovakia]," Politická ekonomie, Prague University of Economics and Business, vol. 2017(2), pages 217-233.
    5. Haddad, Eduardo & Araújo, Inácio, 2022. "Regional Science Meets the Past: What Do Coin Finds Tell Us About the Ancient Spatial Economy?," TD NEREUS 2-2022, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    6. Michael Fritsch & Sandra Kublina, 2018. "Related variety, unrelated variety and regional growth: the role of absorptive capacity and entrepreneurship," Regional Studies, Taylor & Francis Journals, vol. 52(10), pages 1360-1371, October.
    7. Hoff, Jens V. & Rasmussen, Martin M.B. & Sørensen, Peter Birch, 2021. "Barriers and opportunities in developing and implementing a Green GDP," Ecological Economics, Elsevier, vol. 181(C).
    8. Siriki Coulibaly & Pierre Guei, 2023. "Qualitative Analysis of West African Economic and Monetary Union Decades’ Economic Growth," Journal of Economic Statistics, Anser Press, vol. 1(2), pages 44-56, August.
    9. Stephen Malpezzi, 2023. "Housing affordability and responses during times of stress: A preliminary look during the COVID‐19 pandemic," Contemporary Economic Policy, Western Economic Association International, vol. 41(1), pages 9-40, January.
    10. Nicholas Oulton, 2018. "GDP and the System of National Accounts: Past, Present and Future," Discussion Papers 1802, Centre for Macroeconomics (CFM), revised Jun 2018.
    11. Hundt, Christian & Holtermann, Linus & Steeger, Jonas & Bersch, Johannes, 2019. "Cluster externalities, firm capabilities, and the recessionary shock: How the macro-to-micro-transition shapes firm performance during stable times and times of crisis," ZEW Discussion Papers 19-008, ZEW - Leibniz Centre for European Economic Research.
    12. Ifrim, Mihaela & Lazorec, Maria & Pintilescu, Carmen, 2022. "Assessing the economic resilience in central and eastern EU countries. A multidimensional approach," MPRA Paper 117912, University Library of Munich, Germany.
    13. Røpke, Inge, 2020. "Econ 101—In need of a sustainability transition," Ecological Economics, Elsevier, vol. 169(C).
    14. Andrea Ascani & Simona Iammarino, 2018. "Multinational enterprises, service outsourcing and regional structural change," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 42(6), pages 1585-1611.
    15. Angelo Cavallo & Antonio Ghezzi & Cristina Rossi-Lamastra, 2021. "Small-medium enterprises and innovative startups in entrepreneurial ecosystems: exploring an under-remarked relation," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1843-1866, December.
    16. Paul Dalziel & Caroline Saunders, 2018. "Treasury's refreshed views on New Zealand's economic strategy: a review article," New Zealand Economic Papers, Taylor & Francis Journals, vol. 52(1), pages 91-107, January.
    17. Izabella Szakálné Kanóa, Balázs Lengyel, Zoltán Elekes, Imre Lengyel & Balázs Lengyel & Zoltán Elekes & Imre Lengyel, 2016. "Related variety, ownership, and firm dynamics in transition economies: the case of Hungarian city regions 1996-2012," Papers in Evolutionary Economic Geography (PEEG) 1612, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised May 2016.
    18. Clemens Hetschko & Louisa von Reumont & Ronnie Schöb, 2019. "Embedding as a pitfall for survey‐based welfare indicators: evidence from an experiment," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 182(2), pages 517-539, February.
    19. Elert, Niklas & Stenkula, Mikael, 2020. "Intrapreneurship: Productive, Unproductive, and Destructive," Working Paper Series 1367, Research Institute of Industrial Economics.
    20. Hugh Rockoff, 2019. "On the Controversies behind the Origins of the Federal Economic Statistics," Journal of Economic Perspectives, American Economic Association, vol. 33(1), pages 147-164, Winter.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:eurpls:v:25:y:2017:i:2:p:155-180. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CEPS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.