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Sustainability 2017, 9(12), 2136; doi:10.3390/su9122136

Regional Economic Resilience: Resistance and Recoverability of Resource-Based Cities during Economic Crises in Northeast China

1
School of Geography, Geomatics and Planning, Jiangsu Normal University, Xuzhou 221116, China
2
Department of Geography, Hong Kong Baptist University, Hong Kong 999077, China
3
Northeast Institute of Geography and Agroecology, Chinese Academy of Sciences, Changchun 130002, China
*
Author to whom correspondence should be addressed.
Received: 29 October 2017 / Revised: 14 November 2017 / Accepted: 16 November 2017 / Published: 30 November 2017
(This article belongs to the Special Issue Globalization and Sustainable Urban-Regional Development)
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Abstract

This paper quantitatively analyzes the economic resilience of resource-based cities (RBCs) in Northeast China in terms of resistance and recoverability during two economic crises: the Asian financial crisis and the global financial crisis. Moreover, it analyzes the main factors that affected regional resilience. There are three main findings. First, the RBCs in general demonstrated poor resistance during both recessions, but there were variations among the different types of RBCs. Petroleum and metal cities demonstrated the most resistance, whereas coal cities performed the worst. Second, the influential factors affecting economic resilience varied across the two economic cycles, but location advantage, research and development (R and D) intensity, foreign trade dependence ratio, and supporting policies had positive effects on resilience during both economic cycles, while the proportion of employed persons in resource industries had a negative effect. Industrial diversity had a weak and ambiguous effect on resilience. Third, the secondary industry was more resilient during the Asian financial crisis, but the tertiary industry was more resilient during the global financial crisis. This shift may be attributed to both the nature of the crises and the strength of the sectors at the time of the crises. View Full-Text
Keywords: resource-based cities; economic resilience; recessions; resistance; recoverability; Northeast China resource-based cities; economic resilience; recessions; resistance; recoverability; Northeast China
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Tan, J.; Lo, K.; Qiu, F.; Liu, W.; Li, J.; Zhang, P. Regional Economic Resilience: Resistance and Recoverability of Resource-Based Cities during Economic Crises in Northeast China. Sustainability 2017, 9, 2136.

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