Assessing economic resilience in Italy: a comparative analysis of shocks and spatial dynamics
DOI:
https://doi.org/10.71014/sieds.v79i2.334Abstract
This paper aims to assess the resilience of local economic units in Italy during two recent exogenous shocks: the financial crisis of 2008-2013 and the COVID-19 pandemic of 2019-2020. It examines resilience in terms of labour market performance and investigates the role of specialization, location and spillovers effects. It applies spatial analysis techniques to employment dynamics in Local Labour Market Areas to: (i) disentangle the role of specialization from that of location; (ii) identify the presence of homogeneous behavior patterns across units.
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