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 language | English |
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Pages (from-to) | 45-66 |
Journal | Area Development and Policy |
Volume | 9 |
Issue number | 1 |
Early online date | 25 May 2023 |
DOIs | |
Publication status | Published - 2024 |
Keywords
- E32
- economic cycles
- economic resilience
- R11
- timing of economic crises
- Turkish provincial economic development
- two-stage least squares (2SLS)