Abstract
The uneven geography of economic resilience is generally considered to be dependent on local-specific attributes such as economic structure, human actions, and institutional arrangements. Going beyond these internal attributes, this study draws insights from Harvey's spatial fix concept and explores the impact of the (re)production of space on economic resilience across 285 prefectural-level cities in China in relation to the economic crisis of 2008. Economic resilience was measured by the cities' resistance to decline during the crisis period (2007–2009) and its recoverability in the period immediately afterwards (2009–2016). For each period, we used regression models to assess the relative impact of fixed-asset investment, economic structure, and local government spending on the cities' economic resistance or recoverability. The (re)production of space, as measured by fixed-asset investment in urban space, was found to have a consistently positive and significant effect on economic resilience across the cities. In addition, the manufacturing sector showed a positive and significant effect on the cities' resistance to decline whereas the service sector was key to their recoverability during the post-crisis period. Our analysis extends the perception of space in regional resilience by corroborating the proposition that the built environment can serve as a resource system for sustained and resilient growth. The robustness test confirmed that the spatial-fix effect on economic resilience was consistently significant across Chinese cities regardless of spatial and temporal variations in local contexts.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.