Local economic resilience and economic specialization in Greece during the crisis
The paper scrutinizes the issue of economic resilience, aiming at detecting the existence of a systematic link with economic specialization. To this end, the paper conducts an empirical analysis for Greece at the local (i.e., the municipal) level, during the economic crisis period (2008-2015), providing cartographic visualizations and spatial econometrics estimations. Greece is the country that was hit the hardest by the economic crisis. Thus, the need for the stabilization of the national economy in Greece has, apparently, outweighed policy issues of spatial interest. Yet, the latter has been proved to be of extreme importance as well. The findings of the paper reveal that, inter alia, both the level and the nature of economic specialization exert an impact on economic resilience, providing insight into both theory and policy-making.
ARTELARIS Panagiotis;
KALLIORAS Dimitris;
KATSINIS Anastasis Avgerinos;
2025-02-17
John Wiley and Sons Inc.
JRC133210
1757-7802 (online),
https://www.sciencedirect.com/science/article/pii/S1757780224001331,
https://publications.jrc.ec.europa.eu/repository/handle/JRC133210,
10.1111/rsp3.12705 (online),
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