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Ranking regional economic resilience in the EU

In: Handbook on Regional Economic Resilience

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  • Nicola Pontarollo
  • Carolina Serpieri

Abstract

This chapter explores the Regional Economic Resilience Indicator (RERI) which has been developed as a composite indicator of the resilience capacity of a region. It accounts for elements of the “resilience life cycle†, categorizing them into four dimensions: introduction, growth, maturity, decline or renewal. These dimensions are then linked to the respective slow burning and shock wave processes. The investigation reveals that resilience capacities accumulated in the long-run may not be adequately managed and may even be lost in the short-run when the shock intervenes. Precisely, EU-13 countries have been able to keep the capacities accumulated during the slow burning and use them to recover after the crisis, while EU-15 experienced greater difficulties in dealing with the shock, deteriorating or not perfectly using the capacities accumulated.

Suggested Citation

  • Nicola Pontarollo & Carolina Serpieri, 2020. "Ranking regional economic resilience in the EU," Chapters, in: Gillian Bristow & Adrian Healy (ed.), Handbook on Regional Economic Resilience, chapter 7, pages 103-125, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:16700_7
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    Cited by:

    1. Nicola Pontarollo & Carolina Serpieri, 2021. "Challenges and Opportunities to Regional Renewal in the European Union," International Regional Science Review, , vol. 44(1), pages 142-169, January.

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    Keywords

    Economics and Finance; Geography;

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