2017
DOI: 10.1111/pirs.12206
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Economic crisis and regional resilience: Evidence from Greece

Abstract: Shift-share and input-output models are combined to explore the resilience of Greek regions to economic crisis. Model results indicate that rural regions are more resistant to recessionary shocks than urban regions. The analysis of the space-specific ability of sectors to withstand economic shocks portrayed the resilience of agriculture, while food industry, although its impact overtime declined, managed to increase its employment in seven out of thirteen regions. The tourism sector contracted but showed more … Show more

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Cited by 171 publications
(152 citation statements)
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References 74 publications
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“…() conclude that urban agglomerations in Greece have been more vulnerable to the crisis. This is in line with Giannakis and Bruggeman () who use regional data for Greece and also conclude that rural regions have been more resilient than urban regions.…”
Section: Introductionsupporting
confidence: 91%
See 1 more Smart Citation
“…() conclude that urban agglomerations in Greece have been more vulnerable to the crisis. This is in line with Giannakis and Bruggeman () who use regional data for Greece and also conclude that rural regions have been more resilient than urban regions.…”
Section: Introductionsupporting
confidence: 91%
“…() Psycharis et al. (), and Giannakis and Bruggeman () for Greece. In Greece, the main urban regions lost population after the onset of the economic crisis, while in rural and island regions population increased as people left the cities in response to very high job losses in the secondary sector in urban areas (Giannakis & Bruggeman, ).…”
Section: Datamentioning
confidence: 99%
“…Also methodologically, the papers were quite different, from case studies (Simmie and Martin 2010;Evans and Karecha 2014) to papers using indicators, shift-share or input-output analysis (e.g. Giannakis and Bruggeman 2017;Martin et al 2016), to papers using models (e.g. Capello et al 2015Capello et al , 2016 to papers using long-run time series to investigate the transition functions of regions (Fingleton et al 2012;Cellini and Torrisi 2014;Di Caro 2014.…”
Section: Introductionmentioning
confidence: 99%
“…According to the Census of Agriculture 2010, 1.4% of the farm holdings in Cyprus are pure animal holdings, of which 92% are with no agricultural land. 2 One dummy variable was used to reflect farm typology; considering that the share of pure animal holdings in the total number of farms is minor, that is, 1%, pure animal holdings were merged with mixed farming holdings in one category.…”
Section: Variablesmentioning
confidence: 99%
“…Agriculture is no longer the backbone of most rural economies, and is neither necessary nor sufficient for generating and maintaining high income and employment shares in rural areas [1]. Emerging sectors, including the food manufacturing industry and tourism sector, create strong backward and forward linkages in many rural communities, complementing and/or replacing agriculture in this role [2]. A less protective framework for agriculture, including a reduction in CAP subsidies, may further push farmers to search for other forms of stable income or to leave agriculture [3].…”
Section: Introductionmentioning
confidence: 99%