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Regional Economic Resilience: The Cases of Brazil, Chile and Colombia

Year: 2025

Type: article

Abstract: ABSTRACT This article analyses regional economic resilience from different perspectives and examines its relationship with regional dynamics and disparities. The labor markets of the regions of Brazil, Chile and Colombia were analyzed in the context of one of the most significant global recessionary shocks for South America, the Asian crisis. The study uses cycle dating methodology and a dynamic algorithm for the endogenous identification of structural breaks. The least resilient regions, according to different approaches, were concentrated in Chile and Colombia. These regions experienced prolonged recovery phases, which in some cases led to structural breaks and amplified regional disparities.

Source: Growth and Change

DOI: 10.1111/grow.70060

Authors: Cristian Delgado‐Bello, Andres Maroto, Miguel Atienza

Institutions: San Sebastián University, Universidad Autónoma de Madrid, Universidad Católica del Norte

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, Reduced inequalities

Open Access status: hybrid

Estimated APC paid: $3,400