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.

Antonietti, R., Burlina, C., The dynamics of related and unrelated variety across time and space: evidence from Italian regions, Paper, in Uddevalla Symposium 2017: Innovation, Entrepreneurship and Industrial Dynamics in Internationalized Regional Economies, (Sweden, 15-17 June 2017), University West, Trollhättan 2017: 51-66 [http://hdl.handle.net/10807/119551]

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

Burlina, Chiara
Co-primo
2017

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.
2017
Inglese
Uddevalla Symposium 2017: Innovation, Entrepreneurship and Industrial Dynamics in Internationalized Regional Economies
Innovation, Entrepreneurship and Industrial Dynamics in Internationalized Regional Economies
Sweden
Paper
15-giu-2017
17-giu-2017
978-91-87531-61-3
University West
Antonietti, R., Burlina, C., The dynamics of related and unrelated variety across time and space: evidence from Italian regions, Paper, in Uddevalla Symposium 2017: Innovation, Entrepreneurship and Industrial Dynamics in Internationalized Regional Economies, (Sweden, 15-17 June 2017), University West, Trollhättan 2017: 51-66 [http://hdl.handle.net/10807/119551]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10807/119551
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