The Role of Embeddedness on Regional Economic Resilience: Evidence from the UK
The Role of Embeddedness on Regional Economic Resilience: Evidence from the UK
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DOI：
10.3390/su11143800
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发表时间：
2019-07-02
期刊：
影响因子：
3.9
通讯作者：
Ortega-Argiles, Raquel
中科院分区：
文献类型：
--
作者：
Kitsos, Anastasios;Carrascal-Incera, Andre;Ortega-Argiles, Raquel
本文探讨了英国统计领土单位（NUTS 2）地区的经济弹性的地方工业嵌入的作用。2008年的金融危机对不同地区的社会经济状况产生了深远的影响。英国各地区在避免或克服冲击的能力方面有着显著不同的经验。研究揭示了这种差异弹性表现背后的一些潜在驱动因素，如技能，但其他因素，如生产系统的本地嵌入程度，在很大程度上还没有得到充分探索。本文旨在填补这一空白。我们假设，积极的外部经济的复杂性和消极的锁定效应的组合导致嵌入性和弹性之间的倒U形关系。我们使用一种新的数据集和方法来近似嵌入性和固定效应面板回归，以控制2000-2010年期间的区域异质性。研究结果支持了我们的假设，并表明嵌入性在一定程度上对弹性有积极的影响，之后更多的嵌入性导致负面的弹性效应。研究结果要求更多地关注地方产业之间的关系，特别是最近制定的地方产业战略。
This paper examines the role of local industrial embeddedness on economic resilience in UK Nomenclature of Territorial Units for Statistics (NUTS2) regions. The 2008 financial crisis had a profound effect on the socioeconomic conditions of different places. UK regions had significantly divergent experiences based on their capacity to avoid or overcome the shock. Research has shed light on some potential drivers behind this differential resilience performance such as skills, but others, such as the degree of a production system's local embeddedness, are largely underexplored. This paper aims at filling this gap. We hypothesise that the combination of positive external economies of complexity and negative lock-in effects lead to an inverted U-shaped relationship between embeddedness and resilience. We use a novel dataset and method for approximating embeddedness and fixed-effects panel regressions for the period 2000-2010 to control for regional heterogeneity. The results support our hypothesis and suggest that embeddedness has a positive effect on resilience up to a point, after which more embeddedness leads to negative resilience effects. The results call for greater attention on the relationships among local industries, particularly with regards to the recent development of local industrial strategies.