The dynamics of related and unrelated variety across time and space: evidence from Italian regions

Chiara Burlina, R. Antonietti

Risultato della ricerca: Contributo in libroContributo a convegno

Abstract

Many recent studies demonstrate that related and unrelated variety are important factors to make regions resilient after a negative economic shock. No study yet has investigated which elements determine the degree of related and unrelated variety of a region, and how these elements affect the evolution of variety over time, particularly in relation with the recent economic crisis. Following recent works in the evolutionary economic geography literature, this paper focuses on formal institutions, captured by the quality of regional governance. From the estimates of fixed effects and dynamic panel models, we find that institutional quality per se does not affect related and unrelated variety. Instead, we find that higher institutional quality stimulates related variety under two circumstances: when it is specified in terms of lower corruption, and only in times of economic downturn.
Lingua originaleEnglish
Titolo della pubblicazione ospiteUddevalla Symposium 2017: Innovation, Entrepreneurship and Industrial Dynamics in Internationalized Regional Economies
Pagine51-66
Numero di pagine16
Stato di pubblicazionePubblicato - 2017
EventoInnovation, Entrepreneurship and Industrial Dynamics in Internationalized Regional Economies - Sweden
Durata: 15 giu 201717 giu 2017

Convegno

ConvegnoInnovation, Entrepreneurship and Industrial Dynamics in Internationalized Regional Economies
CittàSweden
Periodo15/6/1717/6/17

Keywords

  • economic crisis
  • institutions
  • related variety
  • resilience
  • unrelated variety

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