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Regional resilience across Europe: On urbanisation and the initial impact of the Great Recession

Brakman, S., Garretsen, H. & van Marrewijk, C., Jul-2015, In : Cambridge Journal of Regions, Economy and Society. 8, 2, p. 225-240 16 p.

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  • Regional resilience across Europe On urbanisation and the initial impact

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DOI

Using a novel data set for 207 European regions from 22 different countries, we analyse the relevance of urbanisation for the short-term resilience to a major shock. We take the Great Recession, the economic and financial crisis that started in 2008, as our shock and analyse how the European NUTS 2 regions differ in their short-run resilience in the aftermath to the crisis in terms of unemployment and real GDP per capita. We find that the degree and nature of regional urbanisation is important for resilience. EU regions with a relatively large share of the population in commuting areas are relatively more resilient. In addition, regions with a large output share in medium-high tech industries were also less affected by the crisis.
Original languageEnglish
Pages (from-to)225-240
Number of pages16
JournalCambridge Journal of Regions, Economy and Society
Volume8
Issue number2
Publication statusPublished - Jul-2015

ID: 20130030