IDEAS home Printed from https://ideas.repec.org/a/spr/soinre/v132y2017i3d10.1007_s11205-016-1337-y.html
   My bibliography  Save this article

Measuring Community Economic Resilience in Australia: Estimates of Recent Levels and Trends

Author

Listed:
  • Huong Dinh

    (University of Canberra)

  • Ben Freyens

    (University of Canberra)

  • Anne Daly

    (University of Canberra)

  • Yogi Vidyattama

    (University of Canberra)

Abstract

We measure changes in community economic resilience (CER) across geo-locations in Australia between 2006 and 2011, a time span characterised by major natural and economic shocks. We build an index of potential CER that captures communities’ stocks of human, social, natural, physical and financial capitals, levels of economic diversity and accessibility to service centres. Using Census data and the ARIA index, we resort to principal component analysis to generate CER indexes at statistical area level 1, which is our community proxy. Our analysis of index values provides a number of useful insights. First, there was a statistically significant improvement over time in the overall CER index in all states and regions. Second, our CER measures improved at a different pace across regions and states while their rank remained mostly unchanged. Third, CER improved over time in social and physical capital and accessibility terms, but declined in human, natural, financial capital and diversity terms. Fourth, communities with a high economic diversity level reported higher capital stock except for natural capital, and communities with a low accessibility level had lower capital stock except for social and natural capital. Finally, CER has a long-term positive association with household income.

Suggested Citation

  • Huong Dinh & Ben Freyens & Anne Daly & Yogi Vidyattama, 2017. "Measuring Community Economic Resilience in Australia: Estimates of Recent Levels and Trends," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 132(3), pages 1217-1236, July.
    • Handle: RePEc:spr:soinre:v:132:y:2017:i:3:d:10.1007_s11205-016-1337-y
    DOI: 10.1007/s11205-016-1337-y
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11205-016-1337-y
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11205-016-1337-y?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Robert G Gregory, 2012. "Living standards, terms of trade and foreign ownership: reflections on the Australian mining boom," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 56(2), pages 171-200, April.
    2. David Adamson & Thilak Mallawaarachchi & John Quiggin, 2009. "Declining inflows and more frequent droughts in the Murray-Darling Basin: climate change, impacts and adaptation ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 345-366, July.
    3. Kingwell, Ross, 2002. "Issues for Farm Management in the 21st Century: A view from the West," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 10, pages 1-28, September.
    4. Fleming, David A. & Measham, Thomas G., 2015. "Local economic impacts of an unconventional energy boom: the coal seam gas industry in Australia," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 59(1), January.
    5. Lawes, R.A. & Kingwell, R.S., 2012. "A longitudinal examination of business performance indicators for drought-affected farms," Agricultural Systems, Elsevier, vol. 106(1), pages 94-101.
    6. J. C. Dissart, 2003. "Regional Economic Diversity and Regional Economic Stability: Research Results and Agenda," International Regional Science Review, , vol. 26(4), pages 423-446, October.
    7. Ellis, Frank, 2000. "Rural Livelihoods and Diversity in Developing Countries," OUP Catalogue, Oxford University Press, number 9780198296966.
    8. Kingwell, Ross S., 2002. "Issues for Farm Management in the 21st Century: A view from the West," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 173982, Australian Agricultural and Resource Economics Society.
    9. Ben Edwards & Matthew Gray & Boyd Hunter, 2009. "A Sunburnt Country: The Economic and Financial Impact of Drought on Rural and Regional Families in Australia in an Era of Climate Change," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 12(1), pages 108-131.
    10. Thomas Gunton, 2003. "Natural Resources and Regional Development: An Assessment of Dependency and Comparative Advantage Paradigms," Economic Geography, Taylor & Francis Journals, vol. 79(1), pages 67-94, January.
    11. Antonio Paez, 2004. "Network Accessibility and the Spatial Distribution of Economic Activity in Eastern Asia," Urban Studies, Urban Studies Journal Limited, vol. 41(11), pages 2211-2230, October.
    12. Dinh, Huong & Pearson, Leonie, 2015. "Specifying community economic resilience - a framework for measurement," 2015 Conference (59th), February 10-13, 2015, Rotorua, New Zealand 202523, Australian Agricultural and Resource Economics Society.
    13. Susan Christopherson & Jonathan Michie & Peter Tyler, 2010. "Regional resilience: theoretical and empirical perspectives," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 3(1), pages 3-10.
    14. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    15. Levin, Simon A. & Barrett, Scott & Aniyar, Sara & Baumol, William & Bliss, Christopher & Bolin, Bert & Dasgupta, Partha & Ehrlich, Paul & Folke, Carl & Gren, Ing-Marie & Holling, C.S. & Jansson, Annma, 1998. "Resilience in natural and socioeconomic systems," Environment and Development Economics, Cambridge University Press, vol. 3(2), pages 221-262, May.
    16. Ron Martin, 2012. "Regional economic resilience, hysteresis and recessionary shocks," Journal of Economic Geography, Oxford University Press, vol. 12(1), pages 1-32, January.
    17. Frank Ellis, 2000. "The Determinants of Rural Livelihood Diversification in Developing Countries," Journal of Agricultural Economics, Wiley Blackwell, vol. 51(2), pages 289-302, May.
    18. Gillian Bristow & Adrian Healy, 2014. "Regional Resilience: An Agency Perspective," Regional Studies, Taylor & Francis Journals, vol. 48(5), pages 923-935, May.
    19. Tony McDonald & Steven Morling, 2011. "The Australian economy and the global downturn, Part 1: Reasons for resilience," Economic Roundup, The Treasury, Australian Government, issue 2, pages 1-31, September.
    20. David Bailey & Nigel Berkeley, 2014. "Regional Responses to Recession: The Role of the West Midlands Regional Taskforce," Regional Studies, Taylor & Francis Journals, vol. 48(11), pages 1797-1812, November.
    21. Ron Martin & Peter Sunley, 2006. "Path dependence and regional economic evolution," Journal of Economic Geography, Oxford University Press, vol. 6(4), pages 395-437, August.
    22. Lino Briguglio & Gordon Cordina & Nadia Farrugia & Stephanie Vella, 2009. "Economic Vulnerability and Resilience: Concepts and Measurements," Oxford Development Studies, Taylor & Francis Journals, vol. 37(3), pages 229-247.
    23. Roberta Sonnino & Christopher Griggs-Trevarthen, 2013. "A resilient social economy? Insights from the community food sector in the UK," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 25(3-4), pages 272-292, April.
    24. Tony McDonald & Steven Morling, 2011. "The Australian economy and the global downturn, Part 2: The key quarters," Economic Roundup, The Treasury, Australian Government, issue 2, pages 33-60, September.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Matheus Pereira Libório & Oseias da Silva Martinuci & Alexei Manso Correa Machado & Renata de Mello Lyrio & Patrícia Bernardes, 2022. "Time–Space Analysis of Multidimensional Phenomena: A Composite Indicator of Social Exclusion Through k-Means," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(2), pages 569-591, January.
    2. Jing Tan & Li Peng & Shili Guo, 2020. "Measuring Household Resilience in Hazard-Prone Mountain Areas: A Capacity-Based Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 152(3), pages 1153-1176, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dinh, Huong & Pearson, Leonie, 2015. "Specifying community economic resilience - a framework for measurement," 2015 Conference (59th), February 10-13, 2015, Rotorua, New Zealand 202523, Australian Agricultural and Resource Economics Society.
    2. Kingwell, Ross S. & Xayavong, Vilaphonh, 2017. "How drought affects the financial characteristics of Australian farm businesses," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 61(3), July.
    3. Kamila Borsekova & Samuel Koróny & Peter Nijkamp, 2022. "In Search of Concerted Strategies for Competitive and Resilient Regions," Networks and Spatial Economics, Springer, vol. 22(3), pages 607-634, September.
    4. Jing Xiao & Ron Boschma & Martin Andersson, 2018. "Resilience in the European Union: the effect of the 2008 crisis on the ability of regions in Europe to develop new industrial specializations," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(1), pages 15-47.
    5. Cristian Gherhes & Tim Vorley & Nick Williams, 2018. "Entrepreneurship and local economic resilience: the impact of institutional hysteresis in peripheral places," Small Business Economics, Springer, vol. 51(3), pages 577-590, October.
    6. Jaakko Simonen & Johannes Herala & Rauli Svento, 2020. "Creative destruction and creative resilience: Restructuring of the Nokia dominated high‐tech sector in the Oulu region," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(5), pages 931-953, October.
    7. Vinko Muštra & Blanka Šimundić & Zvonimir Kuliš, 2020. "Does innovation matter for regional labour resilience? The case of EU regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(5), pages 955-970, October.
    8. Xin Mai & Roger C. K. Chan & Chaoqun Zhan, 2019. "Which Sectors Really Matter for a Resilient Chinese Economy? A Structural Decomposition Analysis," Sustainability, MDPI, vol. 11(22), pages 1-17, November.
    9. Lawes, R.A. & Kingwell, R.S., 2012. "A longitudinal examination of business performance indicators for drought-affected farms," Agricultural Systems, Elsevier, vol. 106(1), pages 94-101.
    10. David Bailey & Lisa de Propris, 2014. "Editorial: Recession, Recovery and Resilience?," Regional Studies, Taylor & Francis Journals, vol. 48(11), pages 1757-1760, November.
    11. Xiaohui Hu & Robert Hassink, 2015. "Overcoming the Dualism between Adaptation and Adaptability in Regional Economic Resilience," Papers in Evolutionary Economic Geography (PEEG) 1533, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Sep 2015.
    12. Nishi, Hiroshi, 2022. "Industrial sources and unevenness of regional employment resilience in Japan," MPRA Paper 113530, University Library of Munich, Germany.
    13. Paolo Di Caro, 2015. "Recessions, recoveries and regional resilience: evidence on Italy," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 273-291.
    14. Kurikka, Heli & Grillitsch, Markus, 2020. "Resilience in the periphery: What an agency perspective can bring to the table," Papers in Innovation Studies 2020/7, Lund University, CIRCLE - Centre for Innovation Research.
    15. Elias Giannakis & Adriana Bruggeman, 2017. "Economic crisis and regional resilience: Evidence from Greece," Papers in Regional Science, Wiley Blackwell, vol. 96(3), pages 451-476, August.
    16. Pierre-Alexandre Balland & David Rigby & Ron Boschma, 2015. "The technological resilience of US cities," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 167-184.
    17. Huiwen Gong & Robert Hassink & Cassandra Wang, 2021. "Strategic coupling and regional resilience in times of uncertainty: the industrial chain chief model in Zhejiang, China," PEGIS geo-disc-2021_06, Institute for Economic Geography and GIScience, Department of Socioeconomics, Vienna University of Economics and Business.
    18. Vitor Klein Schmidt & Aurora Carneiro Zen & Bernardo Fernandes Soares & Bruno Anicet Bittencourt, 2023. "Trajectory and cluster resilience elements: The case of the Brazilian wine cluster of the Serra Gaúcha," Growth and Change, Wiley Blackwell, vol. 54(2), pages 596-624, June.
    19. Robert Hassink & Dongheon Lee, 2017. "Industrial Variety and Structural Change in Korean Regional Manufacturing, 1992–2004," Growth and Change, Wiley Blackwell, vol. 48(2), pages 246-264, June.
    20. Jesse Sutton & Godwin Arku & Richard Sadler & John Hutchenreuther & Michael Buzzelli, 2024. "Practitioners' ability to retool the economy: The role of agency in local economic resilience to plant closures in Ontario," Growth and Change, Wiley Blackwell, vol. 55(1), March.

    More about this item

    Keywords

    Community economic resilience; Community capital; Accessibility; Diversity;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

    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:spr:soinre:v:132:y:2017:i:3:d:10.1007_s11205-016-1337-y. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.