The role of path-dependence in the resilience of EU regions

  • Maria Tsiapa, Dimitris Kallioras, Nickolaos G. Tzeremes
  • European Planning Studies, March 2018, Taylor & Francis
  • DOI: 10.1080/09654313.2018.1458284

Path-Dependence in the resilience of EU regions

What is it about?

The paper studies the role of path-dependence in the resilience of EU regions. Particularly, employing a nonparametric analysis, the paper demonstrates that historical adjustments of EU regions materialized by productivity improvements, primarily in the manufacturing sector and incidentally in the sectors of construction, financial and non-market services, during the period 1995–2008 secured high(er) levels of regional resilience during the economic crisis period 2008–2013. Such a finding provides implications not only for theory but also for policy. Policies aiming at boosting regional productivity and competitiveness, which through a positive regional performance of high growth rates is concealed, a well-structured and robust production restructuring, might affect regional resilience in a way that shields regional economies not only from current imbalances but also from any future downturns

Why is it important?

Historical adjustments of EU regions materialized by productivity improvements, primarily in the manufacturing sector and incidentally in the sectors of construction, financial and non-market services, during the period 1995–2008 secured high(er) levels of regional resilience during the economic crisis period 2008–2013. Such a finding provides implications not only for theory but also for policy.

Read Publication

http://dx.doi.org/10.1080/09654313.2018.1458284

The following have contributed to this page: Maria Tsiapa and Dr Dimitris Kallioras