Regional economic resilience, productivity growth and sectoral interconnectedness

IF 2.4 3区 经济学 Q2 ECONOMICS Papers in Regional Science Pub Date : 2024-03-08 DOI:10.1016/j.pirs.2024.100010
Elias Giannakis , Adriana Bruggeman , Theofanis P. Mamuneas
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Abstract

This paper develops a theoretical model for the conceptualization and empirical analysis of regional economic resilience. Our production function framework is applied to empirically assess the effect of pre-crisis conditions on regional resilience accounting for exogenous changes in technology and changes in production factors. Spatial regression analysis indicates that intersectoral linkages are important factors for explaining the resilience of regions to negative exogenous shocks. A key finding of the study is the positive effect of the interconnectedness of agriculture, construction, and electrical, optical and transport equipment sectors on the ability of European Union regions to absorb the adverse effects of the 2008 economic crisis.

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区域经济韧性、生产力增长和部门之间的相互联系
本文为区域经济恢复力的概念化和实证分析建立了一个理论模型。我们运用生产函数框架,对危机前条件对地区恢复力的影响进行了实证评估,并考虑了技术的外生变化和生产要素的变化。空间回归分析表明,部门间联系是解释地区抵御负面外生冲击能力的重要因素。研究的一个重要发现是,农业、建筑业以及电气、光学和运输设备行业的相互联系对欧盟地区吸收 2008 年经济危机不利影响的能力产生了积极影响。
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来源期刊
CiteScore
4.40
自引率
4.80%
发文量
58
期刊介绍: Regional Science is the official journal of the Regional Science Association International. It encourages high quality scholarship on a broad range of topics in the field of regional science. These topics include, but are not limited to, behavioral modeling of location, transportation, and migration decisions, land use and urban development, interindustry analysis, environmental and ecological analysis, resource management, urban and regional policy analysis, geographical information systems, and spatial statistics. The journal publishes papers that make a new contribution to the theory, methods and models related to urban and regional (or spatial) matters.
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