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Regional economic resilience, hysteresis and recessionary shocks
by
Martin, Ron
in
Economic growth rate
/ Economic policy
/ Economic recessions
/ Economic recovery
/ Economic regions
/ Economics
/ Employment
/ Growth recessions
/ Local economy
/ Material resilience
/ Path dependent economic models
/ Recessions
/ Studies
2012
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Regional economic resilience, hysteresis and recessionary shocks
by
Martin, Ron
in
Economic growth rate
/ Economic policy
/ Economic recessions
/ Economic recovery
/ Economic regions
/ Economics
/ Employment
/ Growth recessions
/ Local economy
/ Material resilience
/ Path dependent economic models
/ Recessions
/ Studies
2012
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Do you wish to request the book?
Regional economic resilience, hysteresis and recessionary shocks
by
Martin, Ron
in
Economic growth rate
/ Economic policy
/ Economic recessions
/ Economic recovery
/ Economic regions
/ Economics
/ Employment
/ Growth recessions
/ Local economy
/ Material resilience
/ Path dependent economic models
/ Recessions
/ Studies
2012
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Regional economic resilience, hysteresis and recessionary shocks
Journal Article
Regional economic resilience, hysteresis and recessionary shocks
2012
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Overview
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 article 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.
Publisher
OXFORD UNIVERSITY PRESS,Oxford University Press,Oxford Publishing Limited (England)
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