IDEAS home Printed from https://ideas.repec.org/a/bla/growch/v51y2020i1p180-206.html
   My bibliography  Save this article

The role of national settings in the economic resilience of regions—Evidence from recessionary shocks in Europe from 1990 to 2014

Author

Listed:
  • Christian Hundt
  • Linus Holtermann

Abstract

This paper focuses on the particular role of the national setting for the economic resilience of regions during the resistance and recovery phase. Our empirical set‐up introduces a spatial hierarchy of 249 NUTS‐2 regions nested in 22 European countries while it includes numerous recessionary shocks from 1990 to 2014. Our results suggest that the impact of the national setting is strongest during the resistance phase when the national level accounts for up to 44.9% of the variance in regional GDP development. During recovery, however, the national share decreases but still amounts to no less than 22.0%. Apart from the direct effects that originate from, for example, regulatory density and fiscal policy measures, the national impact takes the form of cross‐level moderation effects. These indirect effects indicate that the regional patterns of resilience are additionally shaped by the inter‐linkages of country‐specific institutional factors and regional determinants. Taking all this into account, regional economic resilience is anything but just a matter of regional capacities.

Suggested Citation

  • Christian Hundt & Linus Holtermann, 2020. "The role of national settings in the economic resilience of regions—Evidence from recessionary shocks in Europe from 1990 to 2014," Growth and Change, Wiley Blackwell, vol. 51(1), pages 180-206, March.
    • Handle: RePEc:bla:growch:v:51:y:2020:i:1:p:180-206
    DOI: 10.1111/grow.12356
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/grow.12356
    Download Restriction: no
    File URL: https://libkey.io/10.1111/grow.12356?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
    ---><---

    Citations

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


    Cited by:

    1. Mingdou Zhang & Qingbang Wu & Weilu Li & Dongqi Sun & Fei Huang, 2021. "Intensifier of urban economic resilience: Specialized or diversified agglomeration?," PLOS ONE, Public Library of Science, vol. 16(11), pages 1-21, November.
    2. Sèna Kimm Gnangnon, 2022. "Development Aid and Export Resilience in Developing Countries: A Reference to Aid for Trade," Economies, MDPI, vol. 10(7), pages 1-31, July.
    3. Guandong Song & Sheng Zhong & Liuguang Song, 2022. "Spatial Pattern Evolution Characteristics and Influencing Factors in County Economic Resilience in China," Sustainability, MDPI, vol. 14(14), pages 1-20, July.
    4. Elias Giannakis & Christos T. Papadas, 2021. "Spatial Connectivity and Regional Economic Resilience in Turbulent Times," Sustainability, MDPI, vol. 13(20), pages 1-12, October.

    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:bla:growch:v:51:y:2020:i:1:p:180-206. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0017-4815 .

    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.