SPATIO-TEMPORAL ANALYSIS OF RESILIENCE DURING THE GREAT RECESSION. THE CASE OF ITALY

Barbara Martini and Marco Platania

Romanian Journal of Regional Science, 2019, vol. 13, issue 1, 1-14

Abstract: The 2007 economic shock had a strong impact in Italy, hampering the efforts to reduce the regional disparities. Using the concept of resilience, the aim of the paper is twofold: first, to explore the resilience regional determinants; second, using a spatio-temporal approach, to analyze if resilience is not only a regional attribute, but also a process influenced by the geographical localization. Results highlight that Italy is polarized in two clusters: the first one composed by resilient regions and a second one grouping the non-resilient regions. The first one, the more dynamic, has been able to resist and recover after the shock, while the latter one has been trapped in a less dynamic and less competitive socio-economic model. This polarization not only remains after the shock, but it becomes stronger.

Keywords: resilience; regional disparities; spatial panel model; Italy (search for similar items in EconPapers)
JEL-codes: C23 C33 R10 R12 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rrs:journl:v:13:y:2019:i:1:p:1-14

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