Work

Horizontal Clusters and Firm Resilience

Year: 2025

Type: article

Abstract: ABSTRACT The paper examines the role that cluster‐specific horizontal relationships play in firm resilience following a negative shock. We use the Emilia earthquake that hit part of Emilia‐Romagna (Italy) in May 2012 to provide evidence of the negative effect of horizontal clustering on firm performance after a natural disaster. Moreover, empirical analyses show that firms within industrial districts are able to recover as soon as firms not belonging to industrial districts. The results are established controlling for a wide array of confounding factors, including local supply chain and infrastructure disruptions and alternative location‐specific factors.

Source: Journal of Regional Science

DOI: 10.1111/jors.12769

Author: Riccardo Marzano

Institution: Sapienza University of Rome

Language: English

Topic: Regional resilience and development

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: hybrid

Estimated APC paid: $3,730