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The Italian Geography of Regional Resilience: The Role of Cooperative Firms

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  • Michele Costa
  • Flavio Delbono

Abstract

We investigate the economic resilience of the Italian regions between 2008 and 2019. We then calculate some indices of resistance as well as recovery for both real GDP per capita and employment. We show that during (and after) recessions such indices follow different patterns and the Southern regions perform worse than the rest of the country. Then we try to detect if and how the composition of employment relates to regional resilience. We show that the size of the cooperative employment improves the overall resilience of regional employment, especially during recoveries. We also show and explain that this is not the case with cooperative added value as related to the resilience of regional GDP. Overall, the cooperative movement seems to positively contribute to the resilience of regional economies, supporting an inclusive growth especially through the employment channel.

Suggested Citation

  • Michele Costa & Flavio Delbono, 2021. "The Italian Geography of Regional Resilience: The Role of Cooperative Firms," Working Papers wp1166, Dipartimento Scienze Economiche, Universita' di Bologna.
    • Handle: RePEc:bol:bodewp:wp1166
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    Cited by:

    1. Michele Costa & Flavio Delbono & Francesco Linguiti, 2023. "Cooperative movement and widespread prosperity across Italian regions," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(2), pages 475-494, June.

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    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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