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Measure of the resilience to Spanish economic crisis: the role of specialization

Economics and Business Letters

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Title Measure of the resilience to Spanish economic crisis: the role of specialization
 
Creator Angulo, Ana
Mur, Jesús
Trivez, Javier
 
Description Forecasting regional variables provides very important information for political, institutional and economic agents. In this paper, we use predictions from spatial panel data models to evaluate regional resilience to the present economic crisis in term of annual growth rate of employment. Furthermore, we evaluate whether specialization plays a significant role in the degree of resilience to the economic crisis suffered in Spain from 2007. Results show that while specialization on construction and non-market services declines resilience to the crisis, specialization on energy and manufacturing or distribution, transport and common services enlarges the availability of returning to his pre-shock growth path.
 
Publisher Oviedo University Press
 
Contributor Spanish Government’s Ministry of Economy and Competitiveness (ECO2012-36032-C03-01)
 
Date 2014-12-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.unioviedo.es/reunido/index.php/EBL/article/view/10419
10.17811/ebl.3.4.2014.263-275
 
Source Economics and Business Letters; Vol 3, No 4 (2014): December - Special Issue Advances in Regional Forecasting; 263-275
Economics and Business Letters; Vol 3, No 4 (2014): December - Special Issue Advances in Regional Forecasting; 263-275
2254-4380
10.17811/ebl.3.4.2014
 
Language eng
 
Relation http://www.unioviedo.es/reunido/index.php/EBL/article/view/10419/10125
 
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