Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/191649 
Year of Publication: 
2017
Series/Report no.: 
Working Papers on Innovation and Space No. 01.17
Publisher: 
Philipps-University Marburg, Department of Geography, Marburg
Abstract: 
The paper empirically investigates the economic resilience of Western German regions in the wake of the Great Recession of 2008/2009. In particular, the focus is laid on the influence of regional agglomeration economies (arising from specialization, related and unrelated variety) and the explicit subdivision of shortterm resilience into resistance and recovery. The necessity to distinguish between different factors and phases is well documented by means of the OLS regression results as all three types of agglomeration economies reveal varying, if not opposing directions of influences across the resistance and recovery phase. A pregnant example refers to regional specialization. Not only does it show a negative impact on resistance while exerting a positive influence during the recovery phase, but it is also mediated by the regional share in manufacturing workforce. This workforce reveals opposing phase-specific effects itself. Hence, ignoring the two-component structure of short-term resilience entails the risk of imprecise, if not false conclusions on the driving mechanisms stabilizing and/or destabilizing regional economies in times of crisis.
Subjects: 
regional economic resilience
resistance
recovery
agglomeration economies
industry structure
JEL: 
R11
R12
E32
Document Type: 
Working Paper

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