Agglomeration Economies, Industrial Structure and Related Variety: A Reflection Based on a Metropolitan Case Study
Socioeconomic resilience assumes a key role when assessing the impact of economic shocks on production structures, demographic dynamics, urbanization and social stratification. Different approaches have been proposed to estimate socioeconomic resilience; one of the most common techniques focuses on the degree of diversification of production structures characterizing homogeneous economic systems. The present paper contributes in the field of resilience of regional economic systems, considering the metropolitan region of Athens (Greece) as a case study. An Evenness Index was proposed as a measure of resilience with the aim to quantify local heterogeneity in the economic system over a short-term time period (2002-2008) with urban expansion driven by the 2004 Olympics. Based on the empirical findings, the evolution of the metropolitan production structure - examined in combination with urbanization processes and recent dynamics of income and wealth - provides a meaningful assessment of the degree of resilience in a given area. Understanding spatio-temporal patterns of economic resilience can support adoption of spatially-explicit developmental policies addressing specificities and local weaknesses of socioeconomic regional contexts.
Keywords: Resilience, Diversification Index, Athens, economic resilience, related variety, evolutionary economic geography, urban change.
Mathematics Subject Classification: 91D10, 62P12, 62P30
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