What drives heterogeneity in the resilience of trade: Firm‐specific versus regional characteristics

Papers in Regional ScienceVolume 96, Issue 1 p. 13-32 Full Article What drives heterogeneity in the resilience of trade: Firm-specific versus regional characteristics† Marcel van den Berg, Corresponding Author Marcel van den Berg m.r.vandenberg@cbs.nl Statistics Netherlands, CBS-weg 11, Heerlen, 6401 CZ the NetherlandsSearch for more papers by this authorMarjolijn Jaarsma, Marjolijn Jaarsma malm.jaarsma@cbs.nl Statistics Netherlands, CBS-weg 11, Heerlen, 6401 CZ the NetherlandsSearch for more papers by this author Marcel van den Berg, Corresponding Author Marcel van den Berg m.r.vandenberg@cbs.nl Statistics Netherlands, CBS-weg 11, Heerlen, 6401 CZ the NetherlandsSearch for more papers by this authorMarjolijn Jaarsma, Marjolijn Jaarsma malm.jaarsma@cbs.nl Statistics Netherlands, CBS-weg 11, Heerlen, 6401 CZ the NetherlandsSearch for more papers by this author First published: 22 May 2016 https://doi.org/10.1111/pirs.12233Citations: 2 †The content of this publication does not reflect the official opinion of Statistics Netherlands. Responsibility for the information and views expressed in the paper lies entirely with the authors. We thank Corine Boon, participants at the workshop Heterogeneous Resilience: what can we learn from the regional impact of shocks? at the Institute of Social Sciences in the Hague, the Netherlands, and three anonymous reviewers for valuable feedback and comments. Any remaining errors are our own. Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinkedInRedditWechat Abstracten Employing micro-data of Dutch local business units, we show that firm characteristics such as size, economic activity, the traded product portfolio, the focus of trade involvement and the geographic pattern of trade are important determinants of recovery following the trade collapse of 2008–2009, both in terms of speed and depth. Our findings suggest that post-crisis growth is faster for trade in goods further downstream of the value chain and thus closer to the final consumer. Trade recovery at the firm-level does not crucially hinge on locational factors such as the province in which a firm is located or regional revealed comparative advantages in particular product groups. Resumenes Mediante el empleo de microdatos de negocios locales individuales de Holanda, se muestra que las características de una empresa tales como su tamaño, su actividad económica, su cartera de productos, el foco de sus actividades comerciales y la distribución geográfica de su comercio son factores determinantes importantes en la recuperación tras el colapso del comercio de 2008–2009, tanto en términos de rapidez como de profundidad. Nuestros hallazgos sugieren que el crecimiento posterior a la crisis es más rápido para el comercio de bienes situados al final la cadena de valor y por lo tanto más cerca del consumidor final. La recuperación del comercio a nivel de empresa no depende de manera crucial de factores de localización, tales como la provincia en la que se encuentra una empresa o ventajas comparativas regionales manifiestas en determinados grupos de productos. 要約ja 本論文では、オランダ国内の地域の事業体のミクロデータを使い、事業体の規模、経済活動、取引される商品のポートフォリオ、取引関係の中心、取引の地理的パターンなどの企業特性が、2008年から2009年に起きた貿易急減からの回復を決める重要な因子だったことを、回復の速度とその深度の観点から示す。結果によると、危機後の回復は、バリューチェーンの下流における商品の取引、すなわち末端消費者に近いものほど回復が速かった。企業が立地する州、または、特定の商品群の地域的な顕示的比較優位などの立地要因は、企業レベルでの取引回復の決定的な因子ではない。 Citing Literature Volume96, Issue1March 2017Pages 13-32 RelatedInformation