Sectoral–regional resilience and productive specialization: a comparison among the last three crises

• DOI: 10.1007/s00168-024-01261-6
• Publication Date: 2024-03-25T07:02:50Z
• Authors: Andrés Maroto Sán...; Juan Ramón Cuadra...
• Keywords: Resilience

Abstract The objective of this paper is to compare the economic resilience industries and regions along last four decades, which include three major crises for advanced countries (90s, Great Recession in 2007 recent COVID-19 pandemic). Productive structure sectoral specialization are introduced as explaining factor different regional behaviors. For purpose, we estimate both indices based on employment data. To analyze relationship between resilience, a cross-sectional descriptive analysis complemented by panel data model that includes some controls. Finally, shift-share contributes exert other effects affecting resilience. results research show continuities significant changes impact from one next. Although there have played role, found exerted influence recovery certain during period. Recovery periods differ each crisis might be affected dimensionality limitation. Due characteristics database, study only six sectors. However, general generalizable response growth similar many patterns does not significantly among regions. carries structural long-term comparison Spanish regions, clearly differentiates another their causes effects. We introduce explain patterns. Methodologically, these relate factors.