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Articles

4. Economic Shocks and the Differential Resilience of Places

Pages 73-85 | Published online: 26 Nov 2021
 

Notes

1 Zolli A and Healy AM (2012) Resilience: Why Things Bounce Back. London: Headline, at book cover.

2 Cerra V and Saxena S (2008) Growth dynamics: The myth of recovery. American Economic Review, 98: 439–457; Cerra V, Panizza U and Saxena S (2009) International Evidence on Recovery from Recessions (Working Paper No. 09/183). Washington, DC: International Monetary Fund (IMF).

3 Rodin J (2015) The Resilience Dividend: Managing Disruption, Avoiding Disaster and Growing Stronger in an Unpredictable World, pp. 3–4. London: Profile.

4 For example, see Christopherson S, Michie J and Tyler P (2010) Regional resilience; theoretical and empirical perspectives. Cambridge Journal of Regions, Economy and Society, 3: 3–10; Martin RL (2012) Regional economic resilience, hysteresis and recessionary shocks. Journal of Economic Geography, 12: 1–32; Doran J and Fingleton B (2013) US metropolitan resilience: Insights from dynamic spatial panel estimation. Paper presented at the Annual Conference of the Regional Science Association International, University of Cambridge, Cambridge, UK, 22 August; Martin RL (2018) Towards an economic geography of resilience. In Clark GL, Feldman MA, Gertler M and Wojcik D (eds.), New Handbook of Economic Geography, pp. 839–864. Oxford: Oxford University Press; Martin RL and Sunley P (2015) On the notion of regional economic resilience; Conceptualization and explanation. Journal of Economic Geography, 15: 1–42; Martin RL and Sunley P (2020) Regional economic resilience: Evolution and evaluation. In G Bristow and A Healy (eds.), Handbook on Regional Economic Resilience, pp. 10–35. Cheltenham: Edward Elgar; Martin RL and Gardiner B (2019) The resilience of cities to economic shocks: A tale of four recessions (and the challenge of Brexit). Papers in Regional Science, 98(4): 1801–1832; Martin RL and Gardiner B (2021) The resilience of Britain’s core cities to the great recession (with implications for the Covid recessionary shock). In R Wink (ed.), Resilience for Regions, Organisations and Management, pp. 57–89. Amsterdam: Springer; Bristow G and Healy A (eds.) (2020) Handbook on Regional Economic Resilience. Cheltenham: Edward Elgar; and Sensier M and Devine F (2020) Understanding regional economic performance and resilience in the UK: Trends since the global financial crisis. National Institute Economic Review, 253: R18–R28.

5 Martin and Sunley (2020), p. 15, see Reference 4.

6 Martin and Sunley (2020), see Reference 4.

7 Martin and Gardiner (2019, 2021), see Reference 4.

8 Rowthorn RE (2010) Combined and uneven development: Reflections on the North–South divide. Spatial Economic Analysis, 5: 363–388.

9 Rice P and Venables A (2021) The persistent consequences of adverse shocks: How the 1970s shaped UK regional inequality. Oxford Review of Economic Policy, 37: 132–151.

10 Martin and Sunley (2020), see Reference 4.

11 Martin (2012); Martin and Sunley (2015); Martin and Gardiner (2019); Sensier and Devine (2020), see Reference 4.

12 Martin and Gardiner (2019), see Reference 4.

13 Martin and Gardiner (2021), see Reference 4.

14 Overman H (2011) How Did London Get Away With It? London: Spatial Economics Research Centre. http://spatial-economics.blogspot.co.uk/2011/01/how-did-london-get-away-with-it.html/.

15 Martin and Gardiner (2021), see Reference 4.

16 Gray M and Barford A (2018) The depths of the cuts: The uneven geography of local government austerity. Cambridge Journal of Regions, Economy and Society, 11: 541–563.

17 Dhingra S, Machin S and Overman H (2017) Local economic effects of Brexit. National Institute Economic Review, 242(1): R24–R36.

18 Chen W, Los B, McCann P, Ortega-Argilés R, Thisssen M and Van Ort F (2017) The continental divide? Economic exposure to Brexit in regions and countries on both sides of the Channel. Papers in Regional Science, 97(1): 25–54.

19 Thissen M, Van Ort F, McCann P, Ortega-Argilés R and Husby T (2020) The implications of Brexit for UK and EU regional competitiveness. Economic Geography, 96: 397–421.

20 Martin and Gardiner (2019), see Reference 4.

21 Oxford Consultants for Social Inclusion (OCSI) (2020) Communities at Risk: The Early Impact of COVID-19 on ‘Left Behind’ Neighbourhoods: A Data Dive for the All-Party Parliamentary Group for Left Behind Neighbourhoods. appg-leftbehindneighbourhoods.org.uk; Blundell R, Costa Dias M and Joyce R (2020) COVID-19 and inequalities. Fiscal Studies, 41: 291–319.

22 Davenport A, Farquharson C, Rsael I, Sibieta L and Stoye G (2020) The Geography of the COVID-19 Crisis in England. London: Institute for Fiscal Studies (IFS).

23 Petrie K and Norman A (2020) Assessing the Economic Implications of Coronavirus and Brexit. London: Social Market Foundation.

24 Allas T, Canal M and Hunt V (2020) COVID-19 in the United Kingdom: Assessing Jobs at Risk and the Impact on People and Places. London: Public Sector Practice, McKinsey & Co.

25 Powell A and Francis-Devine B (2021) Coronavirus: Impact on the Labour Market (CBP8898). London: House of Commons Library.

26 Houston D (2020) Local resistance to rising unemployment in the context of the COVID-19 mitigation policies across Great Britain. Regional Science Policy and Practice, 12(6): 1189–1209.

27 Davenport A et al. (2020), see Reference 22.

28 Hendrikson C and Muro M (2020) Will COVID-19 Rebalance America’s Uneven Economic Geography? Don’t Bet On It (Brookings Metro’s COVID-19 Analysis). Washington, DC: Brookings Institution.

29 Nathan M and Overman H (2020) Will coronavirus cause a big city exodus? EPB: Urban Analytics and City Science, 47: 1537–1542.

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