Regional resilience in Italy: a very long-run analysis

R. Cellini, Gianpiero Torrisi

Research output: Working paper

120 Downloads (Pure)

Abstract

Resilience is a concept derived from engineering and ecology relating to the way in which systems react to, and recover from, shocks. According to several recent analyses, different ‘resilience behaviours’ are able to explain differences in the economic performance of regions. This study shows that this explanation is not fully convincing when applied to the Italian regions, observed in the very long run. This analysis focuses on real per capita income levels over the period 1890-2009. Only few (major) shocks emerge to have a specific impact effect differing across the regions, while the recovery experiences never differ significantly across regions. This is accounted for by systematic and persistent differences in the economic performance of Italian regions; hence, it is difficult to discern genuine differences in regional resilience behaviour.
Original languageEnglish
Place of PublicationPortsmouth
PublisherUniversity of Portsmouth
Number of pages32
Publication statusPublished - 2012

Fingerprint

Dive into the research topics of 'Regional resilience in Italy: a very long-run analysis'. Together they form a unique fingerprint.

Cite this