Abstract
This paper evaluates the role of related variety in the industrial resilience of US counties against the 2008 economic shock. We use employment data on six-digit industries and measure industrial resilience by the extent to which a county maintained or improved entry rates of new industrial specializations in the post-crisis period of 2009–14 as compared with 2002–07. We find that metropolitan counties are more resilient than other types of areas. Related variety exhibits a strong positive effect on industrial resilience. This effect appears to be driven by intermediate and rural counties, which particularly benefit from related variety.
| Original language | English |
|---|---|
| Pages (from-to) | 1605-1617 |
| Number of pages | 13 |
| Journal | Regional Studies |
| Volume | 56 |
| Issue number | 10 |
| DOIs | |
| Publication status | Published - 2022 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2021 Regional Studies Association.
Keywords
- diversification
- regional resilience
- related variety
- urban–rural divide