Recessions, recoveries and regional resilience: Evidence on Italy

Paolo Di Caro ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper analyses regional resilience and local economic growth patterns in Italy over the past four decades. Place-specific transient and permanent effects of aggregate employment shocks are studied. Geographical asymmetries in engineering and ecological resilience are found, providing auxiliary insights on the rooted Italian regional inequalities. The territorial impact of different crises is investigated and a direct comparison with the UK case is offered. The importance of manufacturing activities for explaining economic resilience is assessed, finding out a positive relation between the resilience of the industrial sector and the overall local economic development. Some policy implications are conclusively discussed.

Keywords: recessions; recoveries; regional resilience; local economic growth (search for similar items in EconPapers)
JEL-codes: E32 R1 (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-eur, nep-geo, nep-mac, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)

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Related works:
Journal Article: Recessions, recoveries and regional resilience: evidence on Italy (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:60297

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