Industrial resilience, regional diversification and related variety during times of crisis in the US urban–rural context

Simone Grabner and Marco Modica

Regional Studies, 2022, vol. 56, issue 10, 1605-1617

Abstract: This paper evaluates the role of related variety in the industrial resilience of US counties against the 2008 economic shock. We use employment data on six-digit industries and measure industrial resilience by the extent to which a county maintained or improved entry rates of new industrial specializations in the post-crisis period of 2009–14 as compared with 2002–07. We find that metropolitan counties are more resilient than other types of areas. Related variety exhibits a strong positive effect on industrial resilience. This effect appears to be driven by intermediate and rural counties, which particularly benefit from related variety.

Date: 2022
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DOI: 10.1080/00343404.2021.2002837

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