2018

Resilience in the European Union: The Effect of the 2008 Crisis on the Ability of Regions in Europe to Develop New Industrial Specializations

Reprint No. 2018:4

Author(s): Jing Xiao, Ron Boschma and Martin AnderssonYear: 2018 Title: Industrial and Corporate Change Volume (No.): 27 (1) Pages: 15–47
Online article (restrictions may apply)


This article adopts an evolutionary framework to the study of industrial resilience. We present a study on European regions and assess the extent to which the capacity of their economies to develop new industrial specializations is affected by the global economic crisis of 2008. We compare levels of industry entry in European regions in the period 2004–2008 and 2008–2012, i.e. before and after a major economic disturbance. Resilient regions are defined as regions that show high entry levels or even increase their entry levels after the shock. Related and unrelated variety exhibit a positive effect on regional resilience, especially on the entry of knowledge-intensive industries after the shock.


Reference:
Xiao, Jing, Ron Boschma and Martin Andersson (2018), "Resilience in the European Union: The Effect of the 2008 Crisis on the Ability of Regions in Europe to Develop New Industrial Specializations". Industrial and Corporate Change 27(1), 15–47.

Martin Andersson

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Interdisciplinary European Studies

The European Union and the Return of the Nation State

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This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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