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Regional economic resilience in China: measurement and determinants

Author

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  • Zanxin Wang
  • Wei Wei

Abstract

Resilience is system specific rather than shock specific. This study proposes a new measure of engineering resilience based on the theories of simple harmonic motion and regime switching, and it examines the determinants of resilience among China’s regional economies to the 2008 subprime crisis. Enhancing industrial diversity, human capital stock, trade openness and financial liberalization can improve economic resilience. Pre-crisis economic performance had a negative effect on regional economic resilience in China. More efforts are needed to enhance regional economic resilience in China by fostering entrepreneurship. The results provide information for policies to address external shocks and promote sustainable regional economic development.

Suggested Citation

  • Zanxin Wang & Wei Wei, 2021. "Regional economic resilience in China: measurement and determinants," Regional Studies, Taylor & Francis Journals, vol. 55(7), pages 1228-1239, July.
  • Handle: RePEc:taf:regstd:v:55:y:2021:i:7:p:1228-1239
    DOI: 10.1080/00343404.2021.1872779
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    Citations

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    Cited by:

    1. George J. XANTHOS & Evangelos N. DULUFAKIS, 2023. "Measurement Approaches Of Regional Economic Resilience: A Literature Review," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 47-59, June.
    2. Yunyan Wei, 2024. "Gender matters: board gender diversity and firms’ export resilience," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-12, December.
    3. Lu Liu & Yuxin Meng & Desheng Wu & Qiying Ran & Jianhong Cao & Zilian Liu, 2023. "Impact of haze pollution and human capital on economic resilience: evidence from prefecture-level cities in China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(11), pages 13429-13449, November.
    4. Yu, Zehui & Li, Yiming & Dai, Lihua, 2023. "Digital finance and regional economic resilience: Theoretical framework and empirical test," Finance Research Letters, Elsevier, vol. 55(PA).
    5. Heng Zhang & Xiuguang Bai & Mao Zhao, 2024. "How Socialized Services Affect Agricultural Economic Resilience—Empirical Evidence from China," Agriculture, MDPI, vol. 14(10), pages 1-19, October.
    6. Yuxin Li & Pingyu Zhang & Kevin Lo & Juntao Tan & Qifeng Yang, 2022. "Borderland Economic Resilience under COVID-19: Evidence from China–Russia Border Regions," IJERPH, MDPI, vol. 19(20), pages 1-22, October.
    7. Duan, Wenqi & Madasi, Joseph David & Khurshid, Adnan & Ma, Dan, 2022. "Industrial structure conditions economic resilience," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    8. Yang, Yang & Lin, Zibo & Xu, Zhaoyi & Liu, Shuwen, 2024. "The impact of digital finance on regional economic resilience," Pacific-Basin Finance Journal, Elsevier, vol. 85(C).
    9. Chenchen Shi & Jinjing Lu, 2024. "Unlocking Economic Resilience: A New Methodological Approach and Empirical Examination under Digital Transformation," Land, MDPI, vol. 13(5), pages 1-20, May.
    10. Liangang Li & Pingyu Zhang & Chengxin Wang, 2022. "What Affects the Economic Resilience of China’s Yellow River Basin Amid Economic Crisis—From the Perspective of Spatial Heterogeneity," IJERPH, MDPI, vol. 19(15), pages 1-20, July.
    11. Haojun Wang & Xiao Su & Jun M. Liu, 2023. "The Spatial Spillover Effect of Logistics and Manufacturing Co-Agglomeration on Regional Economic Resilience: Evidence from China’s Provincial Panel Data," Sustainability, MDPI, vol. 15(10), pages 1-23, May.
    12. Haipeng Zhang & Wei Chen & Zhigao Liu, 2022. "Spatiotemporal Evolution of Entrepreneurial Activities and Its Driving Factors in the Yangtze River Delta, China," Land, MDPI, vol. 11(2), pages 1-21, January.
    13. Liangang Li & Shuoya Liu & Chen Li & Pingyu Zhang & Kevin Lo, 2022. "What Matters for Regional Economic Resilience Amid Multi Shock Situations: Structural or Agency? Evidence from Resource-Based Cities in China," Sustainability, MDPI, vol. 14(9), pages 1-18, May.
    14. Barbara MARTINI & Marco PLATANIA, 2022. "Are The Regions With More Gender Equality The More Resilient Ones? An Analysis Of The Italian Regions," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 71-94, June.
    15. Elias Giannakis & Christos T. Papadas, 2021. "Spatial Connectivity and Regional Economic Resilience in Turbulent Times," Sustainability, MDPI, vol. 13(20), pages 1-12, October.
    16. Zhihui Dai & Yue Niu & Hongru Zhang & Xiaodi Niu, 2022. "Impact of the Transforming and Upgrading of China’s Labor-Intensive Manufacturing Industry on the Labor Market," Sustainability, MDPI, vol. 14(21), pages 1-25, October.
    17. Du, Yanan & Wang, Qingxi & Zhou, Jianping, 2023. "How does digital inclusive finance affect economic resilience: Evidence from 285 cities in China," International Review of Financial Analysis, Elsevier, vol. 88(C).
    18. Xu, Shulin & Zhong, Min & Wang, Yan, 2024. "Can innovative industrial clusters enhance urban economic resilience? A quasi-natural experiment based on an innovative pilot policy," Energy Economics, Elsevier, vol. 134(C).

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