The role of the service sector in regional economic resilience

José Luis Navarro-Espigares, José Aureliano Martín-Segura and Elisa Hernández-Torres
Authors registered in the RePEc Author Service: Jose Luis Navarro Espigares

The Service Industries Journal, 2011, vol. 32, issue 4, 571-590

Abstract: The ability of regional economies to adjust their temporal dynamics to changing circumstances is a phenomenon recently included within the concept of resilience. This paper attempts to verify whether the relative weight of the service sector in the production structure of Spanish regions has a decisive influence on their reaction to the economic crisis. To test the hypothesis about the influence of the service sector in Spanish regional economic resilience, we use a time series of gross value added and employment for the 17 Spanish regions during the period 1986--2009. Besides the descriptive analysis, we utilise Time Series Regression with ARIMA Noise, Missing Observations and Outliers to forecast the evolution of series in 2010.

Date: 2011
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:taf:servic:v:32:y:2011:i:4:p:571-590

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DOI: 10.1080/02642069.2011.596535

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The Service Industries Journal is currently edited by Eileen Bridges, Professor Domingo Ribeiro, Ronald Goldsmith, Barry Howcroft and Youjae Yi

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