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Testing and explaining economic resilience with an application to Italian regions
时间:2017-12-08

【摘要】This paper studies regional economic resilience by exploiting the properties of the non-linear smooth-transition autoregressive model. A testing procedure to distinguish between engineering and ecological resilience is presented, and a measurement of economic resilience is provided. Regional differences in economic resilience are explained by the presence of spatial interactions and by adopting a set of determinants like economic diversity, export performance, financial constraints, and human and social capital. An empirical investigation is conducted for analysing regional employment evolution in Italy from 1992 to 2012. Some concluding suggestions propose possible future areas of research.
Resumen Este articulo estudia la resiliencia economica regional mediante el aprovechamiento de las propiedades del modelo autorregresivo no lineal de transicion suave. Se presenta un protocolo de ensayo para distinguir entre la resiliencia ingenieril y la ecologica, y se ofrece una medida de la resiliencia economica. Las diferencias regionales en la resiliencia economica se explican por la presencia de interacciones espaciales y mediante la adopcion de un conjunto de factores determinantes como la diversidad economica, los resultados de la exportacion, las limitaciones financieras y el capital humano y social. Se llevo a cabo una investigacion empirica para analizar la evolucion del empleo regional en Italia entre 1992 y 2012. Algunas de las sugerencias finales proponen posibles futuras areas de investigacion.

【关键词】Regional resilience; hysteresis; smooth transition regression

【文献来源】Di Caro P. .Testing and explaining economic resilience with an application to Italian regions .Papers in Regional Science ,2017 ,96(1).