NDLI: Regional Economic Resilience, Hysteresis and Recessionary Shocks

Content Provider	Semantic Scholar
Author	Martin, Ron
Copyright Year	2012
Abstract	The notion of 'resilience' has recently risen to prominence in several disciplines, and has also entered policy discourse. Yet the meaning and relevance of the concept are far from settled matters. This paper develops the idea of resilience and examines its usefulness as an aid to understanding the reaction of regional economies to major recessionary shocks. But in so doing, it is also argued that the notion of resilience can usefully be combined with that of hysteresis in order to more fully capture the possible reactions of regional economies to major recessions. These ideas are then used as the basis for a preliminary empirical analysis of the UK regions.
Starting Page	1
Ending Page	32
Page Count	32
File Format	PDF HTM / HTML
DOI	10.1093/jeg/lbr019
Volume Number	12
Alternate Webpage(s)	https://3ftfah3bhjub3knerv1hneul-wpengine.netdna-ssl.com/wp-content/uploads/2018/07/martin.pdf
Alternate Webpage(s)	https://doi.org/10.1093/jeg%2Flbr019
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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