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Industrial resilience, regional diversification and related variety during times of crisis in the US urban–rural context

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  • Simone Maria Grabner
  • Marco Modica

Abstract

This paper evaluates the role of related variety in the industrial resilience of US counties against the 2008 economic shock. We use employment data on six-digit industries and measure industrial resilience by the extent to which a county maintained or improved entry rates of new industrial specializations in the post-crisis period of 2009–14 as compared with 2002–07. We find that metropolitan counties are more resilient than other types of areas. Related variety exhibits a strong positive effect on industrial resilience. This effect appears to be driven by intermediate and rural counties, which particularly benefit from related variety.

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  • Simone Maria Grabner & Marco Modica, 2022. "Industrial resilience, regional diversification and related variety during times of crisis in the US urban–rural context," Regional Studies, Taylor & Francis Journals, vol. 56(10), pages 1605-1617, October.
    • Handle: RePEc:taf:regstd:v:56:y:2022:i:10:p:1605-1617
    DOI: 10.1080/00343404.2021.2002837
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    Cited by:

    1. Liu, Yazhou & Ren, Tiantian & Liu, Lijun & Ni, Jinlan & Yin, Yingkai, 2023. "Heterogeneous industrial agglomeration, technological innovation and haze pollution," China Economic Review, Elsevier, vol. 77(C).

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