Economic shocks and employment shifts across industrial sectors in English regions

Jason Begley, Glauco De Vita, David Jarvis and Andrew Jones

Local Economy, 2024, vol. 39, issue 1-2, 13-41

Abstract: This paper examines changes in employment and job allocation across various industrial sectors in English regions over the years 2009–2021. The aim is to investigate regional resilience by analysing the impact of economic shocks on the make-up and productivity of English regions via dynamic shift-share analysis. The evidence reveals that employment in key industries across English regions remained largely unaffected by economic shocks, also due to the COVID-19 pandemic which prevented occupational shifts through furloughing and essential worker selection. But we also find that while comparative lack of specialisation insulated many English regions from the more damaging aspects of exogenous shocks, the resulting economic turmoil in these regions impacted key sectors differently. The findings contribute to our understanding of regional economic resilience and how it is influenced by industrial diversity, productivity, and economic policy.

Keywords: economic shocks; occupations; productivity; resilience; regional economy (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:sae:loceco:v:39:y:2024:i:1-2:p:13-41

DOI: 10.1177/02690942241288779

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