Conceptualizing Urban Economic Resilience at the Time of Covid-19 and Beyond

doi:10.33423/jabe.v23i3.4349

Cited by 3 publications

(2 citation statements)

References 14 publications

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“…Some scholars consider resilience as a fuzzy concept which lacks a clear definition and is difficult to operationalise (Davidson et al, 2016). Pozhidaev (2021) describes resilience as an essentially contested concept (ECC) which suffers from the "catch-all syndrome" (ESCAP, 2019). This is most probably due to its transfer from the ecological science to social contexts.…”

Section: Disaster Discourse On the Long-term Impacts Of Disasters-eco...mentioning

confidence: 99%

The COVID-19 pandemic in the disaster and economic discourses

Palzur

2024

Is There Any ‘New Normal’? Economics of the Turmoil

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Purpose: The chapter aims to compare how the disciplines of economics and disaster research use terminology related to the long-term impacts of disasters and crises and particularly to discuss the overlaps in the use of the concepts “economic scarring” and hysteresis from the economics literature with the concepts of resilience, “bouncing back” or “bouncing forward” from the disaster discourse. Design/methodology/approach: By using a comparative literature review, the chapter compares the terms used in the economic literature with those used in the disaster literature and applies these concepts to the context of the COVID-19 pandemic, considering it a global disaster with significant economic implications. Findings: While earlier literature showed similarities in the use of the terms hysteresis, scarring, resilience, and bouncing back, a comparison of COVID-19 studies reveals divergences in operational definitions. The economic discourse still uses single indicators like GDP, output or unemployment to measure economic scarring and hysteresis, while the disaster discourse utilises more often multi-indicator operational definitions or indices, which demonstrate the multi-dimensional characteristics of the concept of resilience. Originality and value: This chapter seeks to identify potential differences in how two disciplines approach the study of disasters, crises, or shocks and aims to foster interdisciplinary dialogue and understanding. The chapter provides a resource for scholars in disaster and crisis research, helping to frame the concepts and relevant literature into groupings and assists a better selection of concepts for research in the field.

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Section: Disaster Discourse On the Long-term Impacts Of Disasters-eco...mentioning

confidence: 99%

The COVID-19 pandemic in the disaster and economic discourses

Palzur

2024

Is There Any ‘New Normal’? Economics of the Turmoil

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Section: Introductionmentioning

confidence: 99%

Is there any ‘new normal’? Economics of the turmoil

2024

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With the outbreak of the COVID-19 pandemic, the world came to a standstill. Scholars and policymakers dealing with the economic consequences of the pandemic quickly realised that returning to the pre-pandemic state was impossible—the global community had been heading toward a “new normal”. Unfortunately, before we could recognise and tame the “new normal” for good, it was disrupted by the Russian invasion of Ukraine and subsequent energy crises. Therefore, in the monograph’s title, we question whether any “new normal” exists. However, disruptions and shocks are unimaginable to get used to; as researchers, we believe knowledge becomes particularly valuable in such circumstances. Defining, studying and describing turmoils allow, if only to some extent, to control the damages they cause. Hence, the research presented in this book aims to identify and explore challenges at the supranational and national levels. Focusing on those challenges, we got to investigate the multidimensional impact of the pandemic shock on business reality. In doing that, we hoped to collect a valuable foundation for formulating a resilience policy, which, to be effective, must respect the peculiarity of national economies, industries, firms, and individual consumers.

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Digital economic activity and resilience for metros and small businesses during Covid-19

et al. 2022

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The Covid-19 pandemic had an unequal impact across businesses and communities and rapidly accelerated digital trends in the economy. What role, then, did website use play in community resilience and small business outcomes? This article examines a new source of population data on domain name hosts to provide a unique measure of digital economic activity within communities. Seventy-five percent are commercial, including online-only, brick-and-mortar, small, and microbusinesses. With geolocated data on 20 million US domain name hosts, we investigate how their density (per 100 people) affected economic outcomes in the nation’s largest metros during the pandemic. Using monthly time series data for the 50 largest metropolitan areas, the domain host data is merged with the US Census Small Business Pulse Surveys and Chetty et al.’s Opportunity Insights data. Results indicate metros with higher concentrations of businesses with an online presence experienced more positive economic perceptions and outcomes from April to December 2020. This high-frequency, granular data on digital economic activity suggests that digitally enabled small and microbusinesses played an important role in local economic resilience and demonstrates how commercial data can be used to generate new insights in a fast-changing environment. Supplementary Information The online version contains supplementary material available at 10.1007/s11187-022-00674-x.

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Conceptualizing Urban Economic Resilience at the Time of Covid-19 and Beyond

Cited by 3 publications

References 14 publications

The COVID-19 pandemic in the disaster and economic discourses

The COVID-19 pandemic in the disaster and economic discourses

Is there any ‘new normal’? Economics of the turmoil

Digital economic activity and resilience for metros and small businesses during Covid-19

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