Regional economic resilience in China: measurement and determinants

Wang, Zanxin; Wei, Wei

doi:10.1080/00343404.2021.1872779

Cited by 64 publications

(23 citation statements)

References 44 publications

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“…Based on the theoretical mechanism and research assumptions, we construct the following benchmark model to investigate the effect of industrial diversification on economic resilience improvement and use the ols method to estimate the model (Frenken et al, 2007;Wang and Wei, 2021):…”

Section: Model Settingsmentioning

confidence: 99%

Can industrial diversification help strengthen regional economic resilience?

Miao

Qureshi

2022

Front. Environ. Sci.

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Strengthening economic resilience is the key to stable economic growth in various regions. Previous studies have paid more attention to the level and evolution trend of economic resilience, and seldom Dissected the reasons for differences in regional economic resilience. This paper takes 243 cities in China as the research object and explains the reasons for the differences in regional economic resilience from the perspective of industrial diversification. The results show that industrial diversification helps to improve the level of regional economic resilience. Compared with related diversification, unrelevant diversification has a more significant effect on economic resilience. The region’s own endowment conditions will also affect the effect of industrial diversification on economic resilience. Diversified industries can better promote regional economic resilience in more economically developed cities. The development of industrial diversification also depends on the support of external factors such as finance, technological innovation, and human capital. Therefore, increasing the investment in these factors will also help to positively adjust the role of industrial diversification in promoting economic resilience. Our research helps to understand the reasons for the formation of regional economic resilience, and the research results provide a scientific basis for optimizing sustainable development policies.

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Section: Model Settingsmentioning

confidence: 99%

Can industrial diversification help strengthen regional economic resilience?

Miao

Qureshi

2022

Front. Environ. Sci.

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“…Studies have generally found that a larger economic scale, advanced production, and technological innovation improve the regional economic resilience. However, there are some different understandings about the functions of industrial structures, social assets, economic openness, and public policies [ 15 , 38 , 45 , 46 , 47 ].…”

Section: Literature Review and Theoretical Frameworkmentioning

confidence: 99%

Borderland Economic Resilience under COVID-19: Evidence from China–Russia Border Regions

Zhang

et al. 2022

IJERPH

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The COVID-19 pandemic has had a great impact on the global economy and trade, and border regions have been hit severely because of their high dependency on foreign trade. To understand better the economic impact of COVID-19 on border regions, we developed a COVID-19 economic resilience analytical framework and empirically examined 10 Chinese-Russian border cities in Northeast China. We quantitatively analyzed five dimensions of economic resilience, distinguished four types of shock, and examined the determinants of economic resilience. The results show that: (1) the COVID-19 pandemic has wide-ranging impacts in the border areas, with import–export trade and retail sales of consumer goods being the most vulnerable and sensitive to the shock. The whole economy of the border areas is in the downward stage of the resistance period; (2) from a multi-dimensional perspective, foreign trade and consumption are the most vulnerable components of the borderland economic system, while industrial resilience and income resilience have improved against the trend, showing that they have good crisis resistance; (3) borderland economic resilience is a spatially heterogeneous phenomenon, with each border city showing different characteristics; (4) economic openness, fiscal expenditure, and asset investment are the key drivers of economic resilience, and the interaction between the influencing factors presents a nonlinear and bi-factor enhancement of them. The findings shed light on how border economies can respond to COVID-19, and how they are useful in formulating policies to respond to the crisis.

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“…A high degree of openness to the global economy means that the region can attract external funds and technologies, export products and services to the outside world, and improve the efficiency of the regional economic system. After the shock, it can adapt to the new environment in time and improve the regional ability to deal with the shock [ 34 , 48 , 49 ]. However, opening to the global economy plays a double-edged sword role in regional economic resilience.…”

Section: Study Area and Possible Influencing Factorsmentioning

confidence: 99%

What Affects the Economic Resilience of China’s Yellow River Basin Amid Economic Crisis—From the Perspective of Spatial Heterogeneity

Zhang

Wang

2022

IJERPH

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This paper contributes to the study of regional economic resilience by analyzing the dynamic characteristics and influence mechanisms of resilience from the perspective of spatial heterogeneity. This paper focuses on the resistance and recoverability dimensions of resilience and analyzed the dynamic changes in economic resilience in China’s Yellow River Basin in response to the 2008 economic crisis. The multi-scale geographical weighted regression model was utilized to examine the effect of key factors on regional economic resilience. Our findings show the following: (1) The resistance of the Yellow River Basin to the financial crisis was high; however, the recoverability decreased significantly over time. (2) The spatial heterogeneity of driving factors was significant, and they had different effect scales on economic resilience. Related variety, government agency, environment, and opening to the global economy had a significant effect on economic resilience only in a specific small range. Specialization, unrelated variety, and location had opposite effects in different regions of the Yellow River Basin. (3) Specialization limited the area’s resistance to shock but enhanced the recoverability. Related variety improved regional economic resilience. Unrelated variety was not conducive to regional resistance to shock and had opposite effects on the recoverability in different regions. (4) Government agency and financial market promoted regional economic resilience. Environment pollution and resource-based economic structure limited regional economic resilience. Opening to the global economy and urban hierarchy limited regional resistance to shock, but strong economic development had the opposite effect of improved regional resistance. The location in the east of the Yellow River Basin enhanced the recoverability; however, the location in the west limited the recoverability.

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Regional economic resilience in China: measurement and determinants

Cited by 64 publications

References 44 publications

Can industrial diversification help strengthen regional economic resilience?

Can industrial diversification help strengthen regional economic resilience?

Borderland Economic Resilience under COVID-19: Evidence from China–Russia Border Regions

What Affects the Economic Resilience of China’s Yellow River Basin Amid Economic Crisis—From the Perspective of Spatial Heterogeneity

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