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EnglishUsing Italian Households Budget Survey data over the period 1997-2013, a Cragg model in a life-cycle context is specified to compare the consumption behaviour in the pre- and post-crisis time and develop different micro and macro measures of resilience against crisis shocks. Cohort profiles for participation in and for consumption of tourism services in the pre- and post-crisis time are determined so as to explore the households’ resilience by generations. Next, the households’ resilience according to socio-demographic characteristics is addressed. As for the macro-resilience, combining individual expenditure elasticity, we examine whether and how Italian regions have responded to the recent economic crisis.
Bernini C., Cracolici M.F., & Nijkamp P. (2019). Micro and Macro Resilience Measures of an Economic Crisis. NETWORKS AND SPATIAL ECONOMICS, 20(1), 47-71.
| Data di pubblicazione: | 2019 |
| Titolo: | Micro and Macro Resilience Measures of an Economic Crisis |
| Autori: | |
| Citazione: | Bernini C., Cracolici M.F., & Nijkamp P. (2019). Micro and Macro Resilience Measures of an Economic Crisis. NETWORKS AND SPATIAL ECONOMICS, 20(1), 47-71. |
| Rivista: | |
| Digital Object Identifier (DOI): | http://dx.doi.org/10.1007/s11067-019-09470-9 |
| Abstract: | Using Italian Households Budget Survey data over the period 1997-2013, a Cragg model in a life-cycle context is specified to compare the consumption behaviour in the pre- and post-crisis time and develop different micro and macro measures of resilience against crisis shocks. Cohort profiles for participation in and for consumption of tourism services in the pre- and post-crisis time are determined so as to explore the households’ resilience by generations. Next, the households’ resilience according to socio-demographic characteristics is addressed. As for the macro-resilience, combining individual expenditure elasticity, we examine whether and how Italian regions have responded to the recent economic crisis. |
| Appare nelle tipologie: | 1.01 Articolo in rivista |
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http://hdl.handle.net/10447/473337
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