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No. 1 (2021)

The resilience of Italian metroregions in the period of the 2008-2016 world financial crisis: between sensitivity and occupational capacity

  • Francesca Silvia Rota
  • Marco Bagliani
  • Paolo Feletig
  • Fiorenzo Ferlaino
DOI
https://doi.org/10.3280/rgioa1-2021oa11649
Submitted
aprile 9, 2021
Published
2021-04-09

Abstract

The article is part of the literature that measures regional economic resilience starting from the dynamics of employment. Identifying in the 2008 economic crisis the main discontinuity in the growth paths of contemporary regional economies, the article supports the opportunity that the concept of resilience become the main theoretical and methodological reference of the comparative analyses (or benchmarking) carried out after this event. Particularly significant in this regard are some recent European taxonomies,
in which the employment levels at the regional scale are analysed according to both the occupational dynamic before the crisis, and the aggregate dynamic after the crisis (described in the literature with the concept of relative sensitivity). Starting from these examples, the article proposes a method of territorial analysis that exploits the capacity of the dynamic-cumulative shift-share analysis to divide the employment growth rates into their constituent components (country of origin, structure of the regional economy and overall competitiveness of the regional system) and compare the pre- and post-crisis
dynamics of the regions, considering also their relative occupational capacity (i.e. the amount of jobs created or lost after 2008 in the region compared to those of the nation). This methodology is therefore applied to the case of Italian metroregions. The result is a quite novel geography of the economic imbalances within the country. A geography in which the most important contribution comes from the peculiar ability of the region to face the crisis, regardless the influence by the national context and the employment dynamics of the various sectors in which the regional economy is organized.

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