Hierarchically structured determinants and phase-related patterns of economic resilience – An empirical case study for European regions
Linus Holtermann and
MPRA Paper from University Library of Munich, Germany
Our paper seeks to provide empirical evidence for a spatial-temporal system of (short-term) regional resilience determinants. Based on groundwork from Martin (2012) and Martin and Sunley (2015), we employ a nested hierarchy of regional and national determinants to constitute the spatial dimension, while we model the temporal dimension through a resistance and a recovery phase. Utilising hierarchical panel data models for a sample of 22 European countries, we can confirm the presence of a spatial-temporal system as we find significant determinants at both spatial levels that are connected via cross-level interactions and reveal varying, if not opposing directions of influences across the sensitivity and recovery phase.
Keywords: resilience; shocks; resistance and recovery; regional development; regional and national determinants; economic crisis; Europe (search for similar items in EconPapers)
JEL-codes: C33 R11 R58 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:88359
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