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Regional Risk and Resilience Factors – An Analysis for Germany

Author

Listed:
  • Mona Förtsch
  • Xenia Frei
  • Anna Kremer
  • Joachim Ragnitz

Abstract

Study commissioned by the KfW (KfW Bankengruppe) How resilient are regions with regard to different exogenous shocks? This study investigated which factors may be responsible for regions recovering differently well from shocks. Using the financial crisis, the natural disaster storm "Lothar" as well as local labor market shocks, we examine how resilient German counties are to different shocks. The development of an empirical analysis concept, with the help of the scientific literature, as well as the definition of the term resilience form the basis of the study. The research shows that German counties can be classified as predominantly resilient, both against the backdrop of short-term shocks, in the case of natural disasters and major labor market changes, and with regard to the medium-term financial crisis.

Suggested Citation

  • Mona Förtsch & Xenia Frei & Anna Kremer & Joachim Ragnitz, 2021. "Regional Risk and Resilience Factors – An Analysis for Germany," ifo Dresden Studien, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 86.
    • Handle: RePEc:ces:ifodrs:86
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    File URL: https://www.ifo.de/DocDL/ifo-Dresden-Studie-86.pdf
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    Citations

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    Cited by:

    1. Mona Förtsch & Xenia Frei & Anna Kremer, 2021. "German Labor Market is Locally Resilient," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 28(02), pages 30-33, April.
    2. Klaus-Heiner Röhl & Joachim Ragnitz & Ulrich Walwei & Timo Wollmershäuser & Justus Haucap & Jarko Fidrmuc & Florian Horky & Philipp Reichle & Fabian Reck & Birgit Felden, 2021. "The Post-Covid-19 Economy: What Unexpected Traces Does the Crisis Leave Behind in Industries, Regions, and Structures?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(03), pages 03-25, March.
    3. Mona Förtsch & Xenia Frei & Anna Kremer & Lisa-Marie Müller, 2021. "The Resilience of German Counties to the Natural Disaster Storm "Lothar”," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 28(02), pages 09-14, April.

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