Region-specific turning points in territorial economic resilience: a business cycle approach to Turkey

Hasan Engin Duran, Zeynep Elburz, Karima Kourtit, Peter Nijkamp*

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

Almost all regional economic resilience studies measure resilience by referring to national time patterns of recessions. This study of region-specific patterns of resilience of 81 Turkish regions in the period 2009–20 and their underlying economic/demographic determinants in regions in Turkey shows that ignoring the different timings of regional and national economy recessions leads to misleading/biased results. The study shows first that provincial employment cycles are asynchronous. Second, the geographical pattern of resistance to the last 2018 economic crisis changes considerably when using province-specific rather than national turning points. Third, those provinces that are more open to trade, export- oriented, highly urbanised, and with a low level of human capital and entrepreneurial activities were more resistant to the recession.

Original languageEnglish
Pages (from-to)45-66
JournalArea Development and Policy
Volume9
Issue number1
Early online date25 May 2023
DOIs
Publication statusPublished - 2024

Keywords

  • E32
  • economic cycles
  • economic resilience
  • R11
  • timing of economic crises
  • Turkish provincial economic development
  • two-stage least squares (2SLS)

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