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Resilience, Skill Endowment, and Diversity: Evidence from US Metropolitan Areas

Author

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  • Fabrizio Fusillo
  • Davide Consoli
  • Francesco Quatraro

Abstract

This article investigates the role of technological, industrial, and human capital composition in shaping short-term regional resilience in the wake of the Great Recession of 2008. Using data on 295 US Metropolitan Statistical Areas over the period 2008–14, we find that the most resilient regions feature a very diversified industrial structure. At the same time, an excess of technological diversity thwarts the ability to absorb external shocks. Lastly, a high endowment of high-level abstract skills is positively correlated with regional resilience, though the moderating effect of technological diversity is negative.

Suggested Citation

  • 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.
    • Handle: RePEc:taf:recgxx:v:98:y:2022:i:2:p:170-196
    DOI: 10.1080/00130095.2021.2008797
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    Cited by:

    1. Xin Wen & Fange Meng & Yali Liu, 2025. "Analysis of the evolution of the marginal effect of human capital structure in the process of industrial structure evolution," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-17, December.
    2. Kumar, Amit & Operti, Elisa, 2025. "Recessions, institutions, and regional exploration," Research Policy, Elsevier, vol. 54(3).
    3. Zhao, Lijuan & Shi, Junhong & Tao, Ya, 2025. "The impact and mechanism of digital finance on urban economic resilience," International Review of Financial Analysis, Elsevier, vol. 106(C).
    4. repec:osf:socarx:b759j_v1 is not listed on IDEAS
    5. Fusillo, Fabrizio, 2023. "Green Technologies and diversity in the knowledge search and output phases: Evidence from European Patents," Research Policy, Elsevier, vol. 52(4).
    6. Ahmed, Fatma, 2026. "Towards an equitable transition: Renewable energy effect on educational outcomes in Canadian communities," Renewable Energy, Elsevier, vol. 256(PE).
    7. Silke Hamann & Annekatrin Niebuhr & Duncan Roth & Georg Sieglen, 2023. "How does the Covid‐19 pandemic affect regional labor markets and why do large cities suffer most?," Journal of Regional Science, Wiley Blackwell, vol. 63(5), pages 1228-1250, November.
    8. Kitsos, Anastasios & Grabner, Simone Maria & Incera, Andre Carrascal, 2022. "The role of embeddedness in regional economic resistance," SocArXiv b759j, Center for Open Science.
    9. Tu, Minghui & Wang, Yuyan, 2025. "Density as defense: Product space relatedness and export resilience during the COVID-19 pandemic," International Review of Economics & Finance, Elsevier, vol. 102(C).
    10. Cottafava, Dario & Gastaldo, Michele & Quatraro, Francesco & Santhiá, Cristina, 2022. "Modeling economic losses and greenhouse gas emissions reduction during the COVID-19 pandemic: Past, present, and future scenarios for Italy," Economic Modelling, Elsevier, vol. 110(C).

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