Region-Specific Turning Points in Territorial Economic Resilience: A Business Cycle Approach To Turkey

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Date

2024

Journal Title

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Volume Title

Publisher

Routledge

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Green Open Access

No

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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. © 2023 Regional Studies Association.

Description

Keywords

E32, Economic Cycles, Economic Resilience, R11, Timing of Economic Crises, Turkish Provincial Economic Development, Two-Stage Least Squares (2Sls), economic cycles, two-stage least squares (2SLS), timing of economic crises, R11, Turkish provincial economic development, E32, economic resilience

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N/A

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OpenCitations Citation Count
1

Source

Area Development and Policy

Volume

9

Issue

1

Start Page

45

End Page

66
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Scopus : 4

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4

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3

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Page Views

149

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Downloads

14

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