Pub Date : 2024-03-08DOI: 10.1016/j.pirs.2024.100010
Elias Giannakis , Adriana Bruggeman , Theofanis P. Mamuneas
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.
{"title":"Regional economic resilience, productivity growth and sectoral interconnectedness","authors":"Elias Giannakis , Adriana Bruggeman , Theofanis P. Mamuneas","doi":"10.1016/j.pirs.2024.100010","DOIUrl":"https://doi.org/10.1016/j.pirs.2024.100010","url":null,"abstract":"<div><p>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.</p></div>","PeriodicalId":51458,"journal":{"name":"Papers in Regional Science","volume":"103 2","pages":"Article 100010"},"PeriodicalIF":2.1,"publicationDate":"2024-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1056819024000289/pdfft?md5=36ca19846ff3f3be54ce0dcc98cee892&pid=1-s2.0-S1056819024000289-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140295950","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Italian environmental laws set targets for separate waste collection (SWC) in a top-down public decision-making approach. This study uses quarterly data (2002Q1–2019Q1) on the 103 Italian provinces to investigate whether the targets activate a yardstick competition (YC) mechanism in SWC. Applying a two-regime spatial Durbin model, this study demonstrates that YC emerges in the sub-periods defined by target levels (35%, 45% and 65%) when using an inverse geographical distance matrix. Conversely, YC does not arise when proximity is defined in economic and institutional quality terms. Finally, the study proposes policy implications.
{"title":"Yardstick competition in Italian waste legislation targets: How much does the type of neighbour matter?","authors":"Massimiliano Agovino , Katia Marchesano , Gaetano Musella","doi":"10.1016/j.pirs.2024.100014","DOIUrl":"10.1016/j.pirs.2024.100014","url":null,"abstract":"<div><p>Italian environmental laws set targets for separate waste collection (SWC) in a top-down public decision-making approach. This study uses quarterly data (2002Q1–2019Q1) on the 103 Italian provinces to investigate whether the targets activate a yardstick competition (YC) mechanism in SWC. Applying a two-regime spatial Durbin model, this study demonstrates that YC emerges in the sub-periods defined by target levels (35%, 45% and 65%) when using an inverse geographical distance matrix. Conversely, YC does not arise when proximity is defined in economic and institutional quality terms. Finally, the study proposes policy implications.</p></div>","PeriodicalId":51458,"journal":{"name":"Papers in Regional Science","volume":"103 2","pages":"Article 100014"},"PeriodicalIF":2.1,"publicationDate":"2024-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1056819024000320/pdfft?md5=ff0ead81136809e7b335e63cfc6bcfb8&pid=1-s2.0-S1056819024000320-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140272290","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-03-01DOI: 10.1016/j.pirs.2024.100012
Zhiyuan Zhong , Qiang Wu , David Doloreux
This study explores the diversification of high-quality technologies within Chinese cities from 2000 to 2015. Our results reveal that both high-quality and low-quality technological portfolios contribute to high-quality technological diversification. High-quality portfolios dominate this process as provide high-value knowledge that can be shared with new related technologies. Meanwhile, low-quality portfolios play a complementary role in this process by facilitating local knowledge deepening, in which existing low-value knowledge gradually evolves into high-value one through local interaction. Moreover, technological relatedness and interregional spillovers are substitutable when contributing to the diversification of high-quality technologies.
{"title":"Related diversification of high-quality technologies within Chinese cities","authors":"Zhiyuan Zhong , Qiang Wu , David Doloreux","doi":"10.1016/j.pirs.2024.100012","DOIUrl":"10.1016/j.pirs.2024.100012","url":null,"abstract":"<div><p>This study explores the diversification of high-quality technologies within Chinese cities from 2000 to 2015. Our results reveal that both high-quality and low-quality technological portfolios contribute to high-quality technological diversification. High-quality portfolios dominate this process as provide high-value knowledge that can be shared with new related technologies. Meanwhile, low-quality portfolios play a complementary role in this process by facilitating local knowledge deepening, in which existing low-value knowledge gradually evolves into high-value one through local interaction. Moreover, technological relatedness and interregional spillovers are substitutable when contributing to the diversification of high-quality technologies.</p></div>","PeriodicalId":51458,"journal":{"name":"Papers in Regional Science","volume":"103 2","pages":"Article 100012"},"PeriodicalIF":2.1,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1056819024000307/pdfft?md5=f116e6446ad3353de794cd66a511433d&pid=1-s2.0-S1056819024000307-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140084190","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-01DOI: 10.1016/j.pirs.2024.100006
Anabela M. Santos, Andrea Conte
The paper aims to investigate regional participation in a new Portuguese Research and Innovation (R&I) programme (so-called ‘Agendas for Industrialization’) funded by the European Next Generation EU (NGEU). Using a probit model with sample selection and a novel dataset, we find that the distribution of territorial participation to the NGEU-related programme is more similar to that observed for the European Commission’s R&I Horizon 2020 programme than for the R&I funds under the Cohesion Policy (2014–2020). The results also show a rural-urban divide in regional participation, which is eventually due to a lack of demand for this type of funding in less developed regions.
{"title":"Regional participation to Research and Innovation programmes under Next Generation EU: The Portuguese case","authors":"Anabela M. Santos, Andrea Conte","doi":"10.1016/j.pirs.2024.100006","DOIUrl":"10.1016/j.pirs.2024.100006","url":null,"abstract":"<div><p>The paper aims to investigate regional participation in a new Portuguese Research and Innovation (R&I) programme (so-called ‘Agendas for Industrialization’) funded by the European Next Generation EU (NGEU). Using a probit model with sample selection and a novel dataset, we find that the distribution of territorial participation to the NGEU-related programme is more similar to that observed for the European Commission’s R&I Horizon 2020 programme than for the R&I funds under the Cohesion Policy (2014–2020). The results also show a rural-urban divide in regional participation, which is eventually due to a lack of demand for this type of funding in less developed regions.</p></div>","PeriodicalId":51458,"journal":{"name":"Papers in Regional Science","volume":"103 1","pages":"Article 100006"},"PeriodicalIF":2.1,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S105681902400023X/pdfft?md5=a3898a026c61c5602303c4f407548cb6&pid=1-s2.0-S105681902400023X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140084960","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-01DOI: 10.1016/j.pirs.2024.100011
Elton Freitas , Gustavo Britto , Pedro Amaral
This paper contributes to the literature on economic relatedness and diversification in Brazil. It uses firm-level, occupational data to estimate the relationship between regions’ diversification, the degree of relatedness, and economic complexity indexes. Given that the current literature often focuses on a single variable, a new relatedness measure is introduced. It includes three new relatedness dimensions. The co-occupation captures the degree of similarity of firms’ occupations; co-location, considers the geographical proximity of different sectors; and co-company, evaluates if firms operate in more than one sector. Analyzing the evolution of 558 microregions from 2006 to 2016, the study finds that new industries are more likely to enter when technologically related to existing ones, while industries lacking relatedness are prone to exit. The results highlight diversification as a significant path-dependent process. They also underscore the challenges of attracting and retaining new industries, especially those technologically distant or more complex, emphasizing the importance of relatedness in regional economic cohesion.
{"title":"Related industries, economic complexity, and regional diversification: An application for Brazilian microregions","authors":"Elton Freitas , Gustavo Britto , Pedro Amaral","doi":"10.1016/j.pirs.2024.100011","DOIUrl":"https://doi.org/10.1016/j.pirs.2024.100011","url":null,"abstract":"<div><p>This paper contributes to the literature on economic relatedness and diversification in Brazil. It uses firm-level, occupational data to estimate the relationship between regions’ diversification, the degree of relatedness, and economic complexity indexes. Given that the current literature often focuses on a single variable, a new relatedness measure is introduced. It includes three new relatedness dimensions. The co-occupation captures the degree of similarity of firms’ occupations; co-location, considers the geographical proximity of different sectors; and co-company, evaluates if firms operate in more than one sector. Analyzing the evolution of 558 microregions from 2006 to 2016, the study finds that new industries are more likely to enter when technologically related to existing ones, while industries lacking relatedness are prone to exit. The results highlight diversification as a significant path-dependent process. They also underscore the challenges of attracting and retaining new industries, especially those technologically distant or more complex, emphasizing the importance of relatedness in regional economic cohesion.</p></div>","PeriodicalId":51458,"journal":{"name":"Papers in Regional Science","volume":"103 1","pages":"Article 100011"},"PeriodicalIF":2.1,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1056819024000290/pdfft?md5=9a83d9db095220089b435ba6b7bb13cb&pid=1-s2.0-S1056819024000290-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140163769","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-01DOI: 10.1016/j.pirs.2024.100009
Luke Petach , Stephan Weiler , Greg Totten
Geographic expansion negatively impacts bank outcomes during recessions. While increases in average bank-to-branch distance for a given bank have a small positive impact on bank performance, increases in average bank-to-branch distance across all banks negatively impact performance as a result of aggregate spillovers. These findings support the existence of economically substantive geographic information asymmetries in banking, emphasizing the need for an explicit consideration of the spatial implications of banking (de-)regulation.
{"title":"Geography matters: The impact of geographic expansion on bank performance during the Great Recession","authors":"Luke Petach , Stephan Weiler , Greg Totten","doi":"10.1016/j.pirs.2024.100009","DOIUrl":"https://doi.org/10.1016/j.pirs.2024.100009","url":null,"abstract":"<div><p>Geographic expansion negatively impacts bank outcomes during recessions. While increases in average bank-to-branch distance for a given bank have a small positive impact on bank performance, increases in average bank-to-branch distance across <em>all</em> banks negatively impact performance as a result of aggregate spillovers. These findings support the existence of economically substantive geographic information asymmetries in banking, emphasizing the need for an explicit consideration of the spatial implications of banking (de-)regulation.</p></div>","PeriodicalId":51458,"journal":{"name":"Papers in Regional Science","volume":"103 1","pages":"Article 100009"},"PeriodicalIF":2.1,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1056819024000277/pdfft?md5=562c6a215e289b363c970c80b5648457&pid=1-s2.0-S1056819024000277-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140163770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-01DOI: 10.1016/j.pirs.2024.100004
Héctor M. Posada , Andres García-Suaza , David Londoño
The provision of new subsidized housing projects presents an effective solution for alleviating the significant housing deficit in developing countries. However, limited knowledge exists regarding how these housing projects impact the quality of the surrounding environment, particularly when situated near informal settlements. By using highly detailed data from Medellin, Colombia, and employing an instrumental variables strategy, we estimate the external effects of social housing programs on the neighboring communities. Our results demonstrate that these projects contribute to a reduction in informal housing, poverty levels, and crime within the surrounding neighborhood. This external effect is significant and often overlooked when assessing the overall returns of social housing programs.
{"title":"The external effects of public housing developments on informal housing: The case of Medellín, Colombia","authors":"Héctor M. Posada , Andres García-Suaza , David Londoño","doi":"10.1016/j.pirs.2024.100004","DOIUrl":"https://doi.org/10.1016/j.pirs.2024.100004","url":null,"abstract":"<div><p>The provision of new subsidized housing projects presents an effective solution for alleviating the significant housing deficit in developing countries. However, limited knowledge exists regarding how these housing projects impact the quality of the surrounding environment, particularly when situated near informal settlements. By using highly detailed data from Medellin, Colombia, and employing an instrumental variables strategy, we estimate the external effects of social housing programs on the neighboring communities. Our results demonstrate that these projects contribute to a reduction in informal housing, poverty levels, and crime within the surrounding neighborhood. This external effect is significant and often overlooked when assessing the overall returns of social housing programs.</p></div>","PeriodicalId":51458,"journal":{"name":"Papers in Regional Science","volume":"103 1","pages":"Article 100004"},"PeriodicalIF":2.1,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1056819024000216/pdfft?md5=d7c5e20b5d7748f186ed5eeb73fee9fd&pid=1-s2.0-S1056819024000216-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140163771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}